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$2,195,000
6 bed
4,343 Sqft
6,734 Sqft lot

240 S Tower Drive, Beverly Hills, California 90211

  • Residential Income Property Type
  • 60 Days Time on market
  • $505 Price per sqft
  • 1929 Year Built
Property Description

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.

Basic Details
Residential Income
Buy
24373499
$2,195,000
6
4,343 Sqft
1929
6,734 Sqft
Activeundercontract
Condos/Co-ops
Features
: Central
: Central Air
4
$0
Address
CA
Los Angeles
Beverly Hills
90211
240 S Tower Drive
240
Drive
0
W119° 37' 38.3''
N34° 3' 43.3''
S
Additional Information
60
1
: Inside, See Remarks
1
$0
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17/04/2024 00:00:00
$0
Destrahan
Harry Hurst
Compass
Jimmy Martinez
$0
1
1
C01 - Beverly Hills
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