Los Angeles, Residential Income – 121 N Hamilton Dr, Beverly Hills, CA 90211, USA -001-11-30T00:00:00-08:00
» Newly Renovated Building – All Units Renovated in 2016/2017 » Walking Distance to the Future Wilshire / La Cienega Metro Station and Restaurant Row » Large Spacious Units – Sizes Range from 1,003 to 1,614 sq.ft » Nine (9) 1-
121 N Hamilton Dr, Beverly Hills, CA 90211, USA
$13,750,000 USD
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Address121 North Hamilton Drive, Beverly Hills
Price$13,750,000
Year Built1965
Bedrooms Total0
Living Area22,248
Lot Size (Sq.Ft.)12,995
Listing ID17255068
StatusActive
Parcel Number4334021063
ZoningBHR475
Special ConditionsStandard
Days on Market24

Detailed Description: » Newly Renovated Building – All Units Renovated in 2016/2017 » Walking Distance to the Future Wilshire / La Cienega Metro Station and Restaurant Row » Large Spacious Units – Sizes Range from 1,003 to 1,614 sq.ft » Nine (9) 1-Bedroom / 1-Bathroom Units; Eight (8) 2-Bedroom / 2-Bathroom Units; One (1) 2-Bedroom / 2.5-Bathroom Unit » Some Units Have Balconies » Underground Parking Garage and Laundry Facilities On-Site

Cooling
Laundry
Parking

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Address Information
Address121 North Hamilton Drive, Beverly Hills
Street PrefixNorth
Street SuffixDrive
CityBeverly Hills
Location (MLS Area)C01 – Beverly Hills
County Or ParishLos Angeles
State or ProvinceCA
Postal Code90211
Financial Information
Price per Square Foot$618.03
Price per Lot Square Foot$1,058.10
Price per Unit$763,889
Special ConditionsStandard
Total Expenses$264,200
Professional Management Expense$29,253
Insurance Expense$10,012
Water Sewer Expense$15,120
Trash Expense$3,600
Maintenance Expense$8,640
Other Expense$5,600
Gross Operating Income$731,331
Net Operating Income$467,131
Total Actual Rent$731,331
Vacancy Allowance$22,309
Gross Multiplier18.49%
Other Income 1$10,000
Improvements Amount$3,850,000
Land Value$4,700,000
Tax Year2000
Full Descriptions
Parcel Number4334021063
Detailed Description» Newly Renovated Building – All Units Renovated in 2016/2017 » Walking Distance to the Future Wilshire / La Cienega Metro Station and Restaurant Row » Large Spacious Units – Sizes Range from 1,003 to 1,614 sq.ft » Nine (9) 1-Bedroom / 1-Bathroom Units; Eight (8) 2-Bedroom / 2-Bathroom Units; One (1) 2-Bedroom / 2.5-Bathroom Unit » Some Units Have Balconies » Underground Parking Garage and Laundry Facilities On-Site
Laundry FeaturesSee Remarks
Cooling DescriptionSee Remarks
Parking FeaturesSubterranean
Property parameters
Year Built1965
Living Area (Sq.Ft.)22,248
Lot Size (Sq.Ft.)12,995
Lot Size (Acres)0.29
Lot Size SourceEstimated
Number of Buildings1
Number of Units Total18
ZoningBHR475
Stories Total3
Parking Spaces18
Garage Spaces18
Units Total18
Vacancy Allowance Rate3%
Number of Separate Electric Meters18
Number of Separate Gas Meters18
Cap Rate (For Cash Payment Only)3.4
Listed withThomas Jonsson (CBC Advisors)