Under Contract
240 S Tower Dr
Beverly Hills CA, 90211
$2,195,000
$505.41 per sqft
Under Contract
6 Beds
4,343 sqft
Residential
Built in 1929
1929 Character Spanish 4-unit pride of ownership building in the city of Beverly Hills. Upstairs: 1 bed 1 bath unit that was extensively remodeled in the last 7 years ($2,700 monthly rent) and a charming 2 bed 1 bath ($2,370 monthly rent). Downstairs: cozy 1 bed 1 bath unit that has some recent updates to the kitchen ($2,550 monthly rent) and a 2 bed 2 bath+ Office unit with private patio ($2,390 monthly rent). 3 of the 4 units have their own private laundry. All units have central AC. Roof for Building and Garage replaced in 2022. Property was fumigated in 2023. Estimated annual expenses are $11,500 for water, gardener, insurance, pest, and common electrical. Owner has maintained and upgraded property over the years by installing dual paned windows in some units, painting, installing newer appliances and remodeling in some of the units. Garage has 2 tandem spaces fitting 4 cars as well as storage. Located close to Rodeo Drive, Century City, La Cienega Park & Tennis Courts, Cedars Sinai, Restaurant Row, Miracle Mile, West Hollywood, Pico-Robertson, LACMA, and the upcoming "Purple" Metro Subway Line. Incredible opportunity to own income property in the city of Beverly Hills with its award-winning schools, fire, police, and city services. The building is currently 100% tenant occupied. Access to property with accepted offer only.
24-373499
MLSⓇ ID
March 27, 2024
Listed
April 20, 2024
Updated
Map
240 S Tower Dr
Beverly Hills CA, 90211
Interior Features
Total Stories
2
Bedrooms
6 Beds
Appliances
Built-Ins, Dishwasher, Dryer, Garbage Disposal, Refrigerator, Range/Oven, Microwave, Washer
Laundry Description
Inside, In Unit, Other
Floor Description
Hardwood
Fireplace
Yes
Fireplace Description
None
Cooling
Yes
Cooling Description
Central, Air Conditioning
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.15 Acres
Architectual Style
Spanish
Other Property Details
Area Name
Beverly Hills
Days on Market
23
Garage
Yes
Garage Spaces
4
Parking
Tandem, Garage Is Detached, Garage - 4 Car
Parking Total
4
View
Yes
View Description
Tree Top, Walk Street
County
Los Angeles
Pool
No
Zoning
BHR475
Listing History
Date | Event | Price |
---|---|---|
4/20/2024 | Under Contract | — |
Listed by Jimmy Martinez with Compass
Listing Contact: 323-377-0548
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©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 4/20/2024