Under contract

Active Under Contract

318 N Oakhurst Drive

Beverly Hills CA, 90210

$5,800,000


$430.59 per sqft

Under contract

Active Under Contract

17 Beds

15 Baths

13,470 sqft

Residential

Built in 1969

Listed by Jordan Rubinstein with Century Park Realty, Inc. 310-745-7660

Century Park Realty Inc. is proud to present 318 N Oakhurst Drive, a prime 7-unit, 4 story, multifamily investment opportunity situated in the most desirable multifamily pocket of Beverly Hills and Listed at just $431 PER SQUARE FOOT! Totaling 13,470 square feet on approximately 7,500 square feet of land zoned BHR4 and LAR4. The entire top floor features a luxurious single story Penthouse, with direct elevator access spanning +/- 5,300 square feet. The PH floor underwent a $660K renovation under the supervision of an ASID designer, making it one of the largest single-floor luxury penthouse apartments in Beverly Hills. The other six (6) units are all well apportioned 2 bed and 2 bath units. The property is currently 100% leased, providing robust cash flow to an investor, while also presenting a value-add component for future enhancements. The building is separately metered for electricity and features a central water meter. The property has unique zoning in that it sits between Beverly Hills and Los Angeles. As such, permits for renovations can be obtained in either city while the property benefits from all the Beverly Hills city services, like K-12 schools, Police and Fire Departments. Rarely do such well-maintained secured access buildings become available in this submarket. This is only the second time 318 N Oakhurst Drive is available for purchase since its construction in 1969.This generational legacy asset is ideally positioned just north of Burton Way and west of Doheny, only one block from the Four Seasons and of a mile from the Beverly Hills City Hall, Police Department and renowned dining on Canon Drive and shopping along Beverly and Rodeo Drives. Melrose/Robertson, Cedars Sinai Medical Center, and the Beverly Center are just a half mile away.

24452575

MLS ID

October 14, 2024

Listed

December 30, 2024

Updated

Map

318 N Oakhurst Drive
Beverly Hills CA, 90210

Interior Features

Total Stories

4


Bedrooms

17


Total Bathrooms

15


Appliances

Dishwasher, Refrigerator


Laundry Description

Common Area


Floor Description

Carpet, Laminate, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.17 Acres

Other Property Details

Area Name

C01 - Beverly Hills


Days on Market

77


Garage

Yes


Parking

Direct Access, Garage, Gated, Community Structure, Side By Side, Tandem


Parking Total

14


View

No


County

Los Angeles


Pool

No


Pool Features

None


Zoning

LAR4

Listing History

Date

Event

Price

12/30/2024

Under contract

12/16/2024

Active

11/12/2024

Under contract

Listing Contact: 310-745-7660 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/30/2024 at 5:12 PM UTC

 

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