Beverly Hills, CA 90210,318 N Oakhurst Dr

$5,450,000

$5,800,000

6.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

17 Beds

15 Baths

13,470 SqFt


SOLD DATE : 02/05/2025

Key Details

Sold Price $5,450,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 13,470 sqft

Price per Sqft $404

MLS Listing ID 24-452575

Sold Date 02/05/25

Bedrooms 17

Year Built 1969

Lot Size 7,497 Sqft

Acres 0.1238

Property Sub-Type Multi-Family

Property Description

Century Park Realty Inc. is proud to present 318 N Oakhurst Drive, a prime 7-unit, 4 story, multifamily investment opportunity situated in the most desirable multifamily pocket of Beverly Hills and Listed at just $431 PER SQUARE FOOT! Totaling 13,470 square feet on approximately 7,500 square feet of land zoned BHR4 and LAR4. The entire top floor features a luxurious single story Penthouse, with direct elevator access spanning +/- 5,300 square feet. The PH floor underwent a $660K renovation under the supervision of an ASID designer, making it one of the largest single-floor luxury penthouse apartments in Beverly Hills. The other six (6) units are all well apportioned 2 bed and 2 bath units. The property is currently 100% leased, providing robust cash flow to an investor, while also presenting a value-add component for future enhancements. The building is separately metered for electricity and features a central water meter. The property has unique zoning in that it sits between Beverly Hills and Los Angeles. As such, permits for renovations can be obtained in either city while the property benefits from all the Beverly Hills city services, like K-12 schools, Police and Fire Departments. Rarely do such well-maintained secured access buildings become available in this submarket. This is only the second time 318 N Oakhurst Drive is available for purchase since its construction in 1969.This generational legacy asset is ideally positioned just north of Burton Way and west of Doheny, only one block from the Four Seasons and of a mile from the Beverly Hills City Hall, Police Department and renowned dining on Canon Drive and shopping along Beverly and Rodeo Drives. Melrose/Robertson, Cedars Sinai Medical Center, and the Beverly Center are just a half mile away.

Location

State CA

County Los Angeles

Area Beverly Hills

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Flooring Laminate, Vinyl Plank, Vinyl, Carpet

Equipment Elevator, Dishwasher, Refrigerator

Laundry Community, In Unit

Exterior

Parking Features Direct Entrance, Community Garage, Tandem, Side By Side, Gated

Garage Spaces 14.0

Pool None

Building

Story 4

Level or Stories Three Or More

Others

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


TheMLS (CLAW)
Listed by Century Park Realty, Inc.
Bought with Non-Participant Office

GET MORE INFORMATION

Name
Phone*
Message