$9,900,000
218 S Tower Drive
Beverly Hills, California 90211
  • Neighborhood:Beverly Hills
    • 26972 SqFt
    • Built 1929
  • Status:For Sale
  • MLS:CL26672315
  • Last Updated:7 months ago

Overview

First time on the market in 26 years. Well maintained property with significant (25%) upside in rents. Priced at 12.3 x gross and 5% cap at closing; 9.8 x gross and 7% cap with rents at market. $309,375/unit and $367/bldg. S.F.

Listing courtesy of Hamid Soroudi, Keller Williams Beverly Hills
    218 S Tower Drive

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    Property Details

    Key Details

    • Property TypeOther
    • Sq. Ft.26972
    • $/Sq. Ft.$367
    • Built In1929
    • Days on neighborhoods.com199

    Exterior Features

    Parking/Garage
    • Garage (Y/N)No
    • Carport (Y/N)No
    • Parking FeaturesAssigned

    Interior Features

    Features
    • Sq. Ft.26972

    Property Lot

    Property Features
    • Property Subtype 1Other
    Location Information
    • CountyLos Angeles
    Lot Information
    • Lot Sq. Ft.12428
    • Lot Size Area0.29
    • Living Area26972
    • Living Area UnitsSquare Feet
    • Acres0.29