Active

302 N La Peer Dr

Beverly Hills CA, 90211

$4,070,000


$605.29 per sqft

Active

6 Beds

10 Baths

6,724 sqft

Residential

Built in 1936

This is part of "The Six Building Trophy Portfolio" Properties can be sold individually or as a Portfolio. We are pleased to present the exclusive listing of a ten (10) unit apartment building (2 vacant) located at 302-304 North La Peer Drive in Beverly Hills, California. The offering is situated in the world-renowned Beverly Hills neighborhood, just South of Burton Way and West of North Robertson Boulevard. Built in 1936, the North La Peer Drive Apartments have been meticulously well-maintained by the same ownership for over 50 years. The building features a strong unit mix consisting of two (2) 1 bed / 1 bath townhouse units, four (4) 1 bed / 1 bath + den units, and four (4) studios. This very charming property includes, beautiful architecture, double French windows, and hardwood floors. Many renovated units boast, updated bathrooms, quartz kitchen counter tops, stainless steel appliances, refrigerator, stove, and a dishwasher. The total size of the building is approximately 6,724 square feet and sits on an extra-large 8,587 square foot lot that is BHR4YY zoned.The offering is nestled within the heart of Beverly Hills, which is often celebrated as one of the world's most sought-after destinations. Everything from luxury five-star hotels, designer brand shopping, and Michelin star dining options, are within a short walking distance from North La Peer Drive. Some of the most notable amenities nearby are the Rodeo Drive Mall/Corridor, the Four Seasons of Beverly Hills, and the Cedars-Sinai Medical Center. The subject's dominant access to Santa Monica and San Vicente Boulevards benefit its commuting tenants via quick access to the 10 and 405 Freeways. The North La Peer Drive Apartments provide a rare opportunity for an experienced investor to acquire a well located corner lot asset, in one of California's most notable rental pockets with extremely high barriers to entry.

23-334865

MLS ID

November 27, 2023

Listed

May 9, 2024

Updated

Map

302 N La Peer Dr
Beverly Hills CA, 90211

Interior Features

Total Stories

2


Bedrooms

6


Total Bathrooms

10


Appliances

None


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window


Heating

Yes


Heating Description

Natural Gas, Wall Gas

Exterior/Building Features

Lot Size

0.2 Acres

Other Property Details

Area Name

Beverly Hills


Days on Market

156


Garage

No


Parking

Covered Parking


Parking Total

7


View

No


County

Los Angeles


Pool

No


Zoning

BHR4YY

Listing History

Date

Event

Price

3/4/2024

Active

2/8/2024

Under Contract

1/18/2024

Price Change

$4,070,000

-7%

Listed by Eliyahu Appel with Marcus & Millichap
Listing Contact: 818-390-4181 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Shelhee Gal | CA DRE# 01721758 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 5/9/2024

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