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Key Details
Sold Price $3,652,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,606 sqft
Price per Sqft $651
MLS Listing ID 25-486971
Sold Date 04/15/25
Bedrooms 4
Year Built 1939
Lot Size 6,070 Sqft
Acres 0.1394
Property Sub-Type Multi-Family
Property Description
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 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
Location
State CA
County Los Angeles
Area Beverly Hills
Zoning BHR4YY
Rooms
Other Rooms Stall(s)
Interior
Heating Wall
Cooling Wall Unit(s)
Fireplaces Type Patio
Equipment Ceiling Fan
Laundry Community
Exterior
Parking Features Carport
Garage Spaces 6.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Lyon Stahl Investment Real Estate, Inc.
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