302 La Peer Drive, Beverly Hills

Beverly Hills Home For Sale

This is part of "The Six Building Trophy Portfolio" Properties can be sold individually or as a Portfolio. We are pleased to present the exclusive listing of a ten (10) unit apartment building (2 vacant) located at 302-304 North La Peer Drive in Beverly Hills, California. The offering is situated in the world-renowned Beverly Hills neighborhood, just South of Burton Way and West of North Robertson Boulevard. Built in 1936, the North La Peer Drive Apartments have been meticulously well-maintained by the same ownership for over 50 years. The building features a strong unit mix consisting of two (2) 1 bed / 1 bath townhouse units, four (4) 1 bed / 1 bath + den units, and four (4) studios. This very charming property includes, beautiful architecture, double French windows, and hardwood floors. Many renovated units boast, updated bathrooms, quartz kitchen counter tops, stainless steel appliances, refrigerator, stove, and a dishwasher. The total size of the building is approximately 6,724 square feet and sits on an extra-large 8,587 square foot lot that is BHR4YY zoned.The offering is nestled within the heart of Beverly Hills, which is often celebrated as one of the world's most sought-after destinations. Everything from luxury five-star hotels, designer brand shopping, and Michelin star dining options, are within a short walking distance from North La Peer Drive. Some of the most notable amenities nearby are the Rodeo Drive Mall/Corridor, the Four Seasons of Beverly Hills, and the Cedars-Sinai Medical Center. The subject's dominant access to Santa Monica and San Vicente Boulevards benefit its commuting tenants via quick access to the 10 and 405 Freeways. The North La Peer Drive Apartments provide a rare opportunity for an experienced investor to acquire a well located corner lot asset, in one of California's most notable rental pockets with extremely high barriers to entry.

Property Details

302 La Peer DriveSquare Ft: 6,724Lot Size: 0.20Bedrooms: 2Bathrooms: 3Price: $4,070,000Zip: 90211
MLS® #: 23334865Levels: TwoSchool District: Days on Market: 163Listed By: Eliyahu Appel, Marcus & Millichap

Sales Agent

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Additional Information

  • City:
    Beverly Hills
  • County:
    Los Angeles
  • Zip:
    90211
  • MLS® #:
    23334865
  • Bedrooms:
    2
  • Bathrooms:
    3
  • Square Ft:
    6,724
  • Lot Size:
    0.20
  • Levels:
    Two
  • HOA Dues:
    $

Price Change History for 302 La Peer Drive, Beverly Hills, (MLS® #23334865)

Date Details Price Change
Active
Active Under Contract (from Active)
Price Reduced (from $4,350,000) $4,070,000 $280,000 (6.44%)
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Based on information from California Regional Multiple Listing Service, Inc. as of May 8th, 2024 at 6:18pm PDT. 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. 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, 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.