Fully Leased 10 Unit Condo Building from 2015 in Beverly Hills
$14,250,000
313 South Reeves Drive, Beverly Hills, CA 90212
4
Cap Rate
569,744
NOI
Details:
Highlights:
- Central Beverly Hills near Golden Triangle
- Gross Floor Area of 22,313 SF
- Rentable Space of 17,154 SF
- 10 Units - Condo Mapped
- Six Units: 2 + 2.5 • Three Units: 2 + 2.5 + Den • One Unit: 1 + 1.5
- 28 Side-by-Side Parking Spaces
- High Occupancy • High End of Market • No Affordable Units
- Generational Asset • Pride of Ownership
- Ground Floor Units feature Spacious Private Patios & All Other Units with Balconies
Description:
We are proud to present for sale for the first time ever a trophy 10 Unit Condo Building known as The Legacy Beverly Hills, in a World-Famous zip code!
Presented by the Original Builders, this 2015 Construction has been lovingly maintained since the issuance of the Certificate of Occupancy, clearly showing Pride of Ownership.
Built as Condominiums, with no expense spared, the property has been rented from inception, and is sold with a recorded Condo Map.
Featuring units that average over 1,700 square feet (up to 2,341 SF), the sophisticated design is flooded with natural light in these open concept living areas with wood floors and clean lines.
The fourth floor consists of two Penthouses, each with two bedrooms, a den/office, two full baths plus a powder room, and dual balconies. The ground floor units each include large private patios. All homes have in-unit washer/dryer closets. The building features 28 side-by-side parking spaces, which includes 3 guest spaces.
The central Beverly Hills location, within walking distance to the Golden Triangle, is steps to Beverly Drive with countless dining options consisting of the quick to the fine, and the trendy to the establishment. Residents (and possible future owners) of this property will have no reason to leave the area other than by choice! Walk Score designates this area a Walker’s Paradise! Walk to Pavilions, Urth Caffe, Matu, the original CPK, Honor Bar, Chaumont Bakery…go a bit further and visit Roxbury Park, or even the coming Metro Station!
The exceptional design with high-end finishes in one of the world’s premier locations has attracted high net-worth tenants and has led to a very high occupancy while keeping rents at the high end of the market. Come and make this Generational Asset yours!
Documents:
| Title | ||
|---|---|---|
| Reeves313_OM.pdf |
Location
Gallery