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$3,700,000
10 bed
5,999 Sqft
6,879 Sqft lot

425 Shirley Place, Beverly Hills, California 90212

  • Residential Income Property Type
  • 158 Days Time on market
  • $617 Price per sqft
  • 1939 Year Built
Property Description

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 nine (9) unit apartment building, currently operating as six (6) units, located at 425-427 Shirley Place in Beverly Hills, California. The offering is situated in the world-renown Beverly Hills neighborhood, just South of Olympic Boulevard and East of Century Park East. Built in 1939, the Shirley Place Apartments have been well-maintained by the same ownership for over 50 years. This property’s architectural significance shines through the series of elegant white pillars at its front doorstep. This New Orleans style apartment building exudes period specific charm such as huge French doors opening to a spacious Southern style private porch overlooking lush landscaping. The building features a very strong unit mix consisting of four (4) 1 bed / 1 bath units, two (2) 3 bed / 2 bath with dining room units, and three (3) studio ADUs. The studio ADUs average approximately 350 square feet each. Previously single apartments, they currently are gutted, with permits and blueprints in place ready for them to be renovated and brought back to market. The total size of the building is approximately 6,877 square feet and sits on a 5,999 square foot lot that is BHR4YY zoned.The offering is nestled within the heart of Beverly Hills, between Beverly Hills High School, Roxbury Park, and the Century City Mall. The Shirley Place apartments reside on the same block as many multi-million dollar, Beverly Hills homes. This is one of the most coveted neighborhoods in the County, being within the Beverly Hills School district as it is in close proximity to the Beverly Hills High School. Everything from luxury five-star hotels, designer brand shopping, and Michelin star dining options, are within a short walking distance from Shirley Place. Commuters will appreciate this property’s central location in Beverly Hills provides easy access to popular public transit options, like the Expo Line, and major arterial thoroughfares like the 10 and 405 freeways. The Shirley Play Apartments provide an experienced investor a once-in-a-century opportunity to capitalize on an A+++ location with extreme value add potential.

Basic Details
Residential Income
Buy
23334857
$3,700,000
10
5,999 Sqft
1939
6,879 Sqft
Active
Condos/Co-ops
Features
: Natural Gas
: Wall/window Unit(s)
6
$0
Address
CA
Los Angeles
Beverly Hills
90212
425 Shirley Place
425
Place
0
W119° 35' 24.8''
N34° 3' 29.7''
Additional Information
158
2
2
8
: Two
1
5,999 Sqft
0 Sqft
0 Sqft
0.16 Sqft
6,879 Sqft
1
0 Sqft
BHR4YY
4330001010
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
27/11/2023 17:31:58
$3,915,000
: Standard
West of Roxbury Park
Marcus & Millichap
Eliyahu Appel
CLW-X75151
CLW-C121090
$0
3.82
1
1
0
0
1
3
9
241404
US-06037-N-4330001010-R-N
28/11/2023 01:41:39
Shirley
C01 - Beverly Hills
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