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$3,550,000
1 bed
1 bath
0 Sqft
6,072 Sqft lot

141 S Canon Drive, Beverly Hills, California 90212

  • Residential Income Property Type
  • 12 Days Time on market
  • 1938 Year Built
Property Description

Constructed in 1938, the property sits on a 6,070 square foot parcel and consists of a two-story building with a detached carport offering six covered parking spots. The unit mix comprises (6) six large one-bedroom, one-bathroom units, each measuring approximately 800 square feet.

Available for purchase on the open market for the first time in more than four decades, 141 South Canon Drive has been meticulously cared for by its current owners. They have made significant capital improvements over the years, such as a new roof and completely replacing the plumbing with copper pipes. By taking advantage of the premium rental rates typically associated with character-style buildings in Beverly Hills, this presents a rare opportunity to start benefiting from increased returns right from day one. This property is located in a highly sought-after rental submarket that is in need of renovated units, making it an exceptional investment opportunity.

Nestled in an enclave of luxury, 141 South Canon Drive enjoys a prime location just south of Wilshire Boulevard in Beverly Hills and one block away from the famed South Beverly Drive, providing residents with access to an array of upscale boutiques, fine dining establishments, and cultural attractions within walking distance of the prestigious Golden Triangle shopping district. Its strategic positioning near major employment hubs such as the Wilshire Corridor and Century City offers professionals convenient access to diverse job opportunities in finance, law, entertainment, and technology, making it an enticing destination for those seeking a vibrant urban lifestyle coupled with proximity to their workplace.

Basic Details
Residential Income
Buy
SR24091815
$3,550,000
1
1
0 Sqft
1938
6,072 Sqft
Active
Apartment
Houses
Features
: Urban
6
$0
: Unknown
Address
CA
Los Angeles
Beverly Hills
90212
141 S Canon Drive
141
Drive
0
W119° 36' 9.8''
N34° 3' 56.6''
S
Additional Information
12
1
2
6
5,468 Sqft
1
0 Sqft
0 Sqft
0.14 Sqft
6,072 Sqft
1
: 2+ Common Walls
0 Sqft
BHR4*
4331001008
$0
$0
$0
$0
$10,250
$6,810
0 Sqft
1
0 Sqft
$0
1
07/05/2024 12:19:25
$0
: Standard
Conventional
Turn left onto Wilshire Boulevard, turn right onto South Beverly Glen Blvd, Turn left onto West Olympic Blvd, Turn left onto South Canon Drive.
Vincent B Norris, Inc.
Vincent Norris
F0968001
F207012339
$0
1
1
: Rectangular Lot
1
1
: Square Feet
1
: Community Apartment
1
1
6
6
1
6
1853
204994
US-06037-N-4331001008-R-N
Apartment
07/05/2024 19:33:41
Canon
C01 - Beverly Hills
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