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$2,195,000
30 Days Online

240 S Tower Drive
Beverly Hills, CA 90211

For Sale|Multi-Family|Pending
County:
Los Angeles
Listed by Jimmy Martinez of Compass ?

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240 S Tower Drive240 S Tower Drive240 S Tower Drive240 S Tower Drive
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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.

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Listing Snapshot
Price 
$2,195,000
Days Online 
30 Days
Bedrooms 
6
Inside Area (SqFt) 
4,343 sqft
Total Baths 
5
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1546 Acres
Year Built 
1929
MLS® Number 
24373499
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoStatus changed to Pending
a month agoListing first seen online
General Features
Style 
Spanish
Parking 
GarageTandem
Parking Spaces 
4
Number of Stories 
12
Acreage 
0.1546
Garage Spaces 
4
Attached Garage 
No
Zoning 
BHR475
Listing Conditions 
Standard
Interior Features
Cooling 
Central Air
Heating 
Central
Appliances 
DishwasherDisposalMicrowaveRefrigeratorDryerWasher
Flooring 
Wood
Fireplace Features 
None
Laundry Features 
InsideSee Remarks
Fireplace 
No
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Community Features
Senior Community 
No
MLS Area 
C01 - Beverly Hills


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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