Reduced $150,000! Highest Cap Rate in Beverly Hills! Over $400,000 in Recent Upgrades/Renovations! 308 S Reeves Dr is an 8 Unit Apartment Building built in 1939. The property is located in an A+ Beverly Hills Location just north of Olympic Blvd and East of S Beverly Dr. The property offers… Read More an excellent unit mix comped of all Studio & 1 Bedroom / 1 Bathroom units. Spacious Units Averaging Approx. 701 SF Each. 5 of 8 Units Extensively Renovated. New Plumbing (5 Renovated Units), New Paint, New Landscaping. Carport in back offers 6 Parking Spaces. Potential ADU Opportunities Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Jordan Asheghian 310-425-9838
Listing Snapshot
Days Online
108
Last Updated
Property Type
Other
Beds
4
Square Ft.
5,606
Lot Size
0.14 Acres
Year Built
1939
MLS Number
25486971
30 Days Snapshot Of 90212
$6.60M
-16%
(avg) sold price
5
+150%
homes sold
112
+261%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1939, Building area total: 5,606, Levels: Two, Living area: 5606, 2 stories, 1 building, Common walls: NoCommonWalls
Fireplaces
Outside
Heating
WallFurnace
Income
Gross income: $272,133, Net operating income: $181,239
Interior Features
CeilingFans
Laundry
CommonArea
Lot
0.1393 acres, 6,070 square feet, Size: 6,070
Parking
6 carport spaces, 6 totals parking, Carport
Property
Zoning: BHR4YY
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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