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