Property Detail

Description

Prime Beverly Hills location one bock from Saks Fifth Avenue, Neiman Marcus, Beverly Wilshire, and Four Seasons Hotel. Walking distance to the shops and restaurants in the famous Beverly Hills Golden Triangle. Attractive Property with a grand lobby. Property was completely renovated with new plumbing, kitchens, and bathrooms. Value-Add: approved plans with permits to convert the storage rooms to an 800 S.F. ADU with a potential rent of $3,500/mo. Significant (31%) upside in rents. 6.4% cap and 11.2 x gross with rents at market