Los Angeles, Residential Income – 117 N Hamilton Dr, Beverly Hills, CA 90211, USA -001-11-30T00:00:00-08:00
Pride of ownership first time on market in 45 years. 3 story mid-century elevator / subterrian parking building w / 21 units large units 31 parking space. All in excellent condition. Great mix of: (3) 2BD 1.75BA + Den, (3) 2BD 1.75BA, (3) 1BD 1.75BA + Den, (
117 N Hamilton Dr, Beverly Hills, CA 90211, USA
$13,500,000 USD
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Address117 North Hamilton Drive, Beverly Hills
Price$13,500,000
Year Built1965
Bedrooms Total0
Living Area25,686
Lot Size (Sq.Ft.)13,006
Listing ID17235856
StatusActive
Parcel Number4334021062
ZoningBHR475
Special ConditionsStandard
Days on Market39

Detailed Description: Pride of ownership first time on market in 45 years. 3 story mid-century elevator / subterrian parking building w / 21 units large units 31 parking space. All in excellent condition. Great mix of: (3) 2BD 1.75BA + Den, (3) 2BD 1.75BA, (3) 1BD 1.75BA + Den, (2) 1BD 1.5BA + Den, (6) 1BD 1.5BA, (4) 1BD 1BA. Great upside potential in great City of Beverly Hills location. Walk score. 92 with shops and restaurants and New Metro station in construction that are all a few minutes walk. Building contains unused sq footage that may allow for future enlarging of several units. Cap rate includes property taxes based on list price.

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Address Information
Address117 North Hamilton Drive, Beverly Hills
Street PrefixNorth
Street SuffixDrive
CityBeverly Hills
Location (MLS Area)C01 – Beverly Hills
County Or ParishLos Angeles
State or ProvinceCalifornia
Postal Code90211
Financial Information
Price per Square Foot$525.58
Price per Lot Square Foot$1,037.98
Special ConditionsStandard
Total Expenses$98,055
Gross Operating Income$536,189
Net Operating Income$276,134
Gross Multiplier25.35%
Tax Year2017
Full Descriptions
Parcel Number4334021062
Detailed DescriptionPride of ownership first time on market in 45 years. 3 story mid-century elevator / subterrian parking building w / 21 units large units 31 parking space. All in excellent condition. Great mix of: (3) 2BD 1.75BA + Den, (3) 2BD 1.75BA, (3) 1BD 1.75BA + Den, (2) 1BD 1.5BA + Den, (6) 1BD 1.5BA, (4) 1BD 1BA. Great upside potential in great City of Beverly Hills location. Walk score. 92 with shops and restaurants and New Metro station in construction that are all a few minutes walk. Building contains unused sq footage that may allow for future enlarging of several units. Cap rate includes property taxes based on list price.
Cooling DescriptionCentral
Parking FeaturesGarage Door Opener, Controlled Entrance, Covered Parking
Property parameters
Year Built1965
Living Area (Sq.Ft.)25,686
Lot Size (Sq.Ft.)13,006
Lot Size (Acres)0.29
Lot Size SourceAssessor
Number of Buildings1
Number of Units Total21
ZoningBHR475
Stories Total3
Units Total21
Cap Rate (For Cash Payment Only)2.05
Listed withRonald Goldhammer (Berkshire Hathaway HomeService)