318 N Oakhurst Dr, Beverly Hills, CA 90210 – 24-452575

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$5,800,000

Est. payment - /mo

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17 BD

15 BA

13,470 SqFt

Active Under Contract

318 N Oakhurst Dr Beverly Hills, CA 90210

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Jennifer Stuart

[email protected] +1(702) 265-4498

UPDATED:

11/12/2024 06:52 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 13,470 sqft

Price per Sqft $430

MLS Listing ID 24-452575

Bedrooms 17

Year Built 1969

Lot Size 7,497 Sqft

Acres 0.1238

Property Description

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.

Location

State CA

County Los Angeles

Area Beverly Hills

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Flooring Laminate, Vinyl Plank, Vinyl, Carpet

Equipment Elevator, Dishwasher, Refrigerator

Laundry Community, In Unit

Exterior

Garage Direct Entrance, Community Garage, Tandem, Side By Side, Gated

Garage Spaces 14.0

Pool None

Building

Story 4

Level or Stories Three Or More

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Century Park Realty, Inc.

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Jennifer Stuart

Agent | RE.56321

+1(702) 265-4498

Jennifer Stuart

318 N Oakhurst Dr Beverly Hills, CA 90210

Jennifer Stuart

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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318 N Oakhurst Dr