– Value Add Upside.
– Lease Up Potential.
– 2 Units Delivered Vacant.
– LOW Price Per Sq Ft.
– Same Ownership for Over 30 Years.
– Prime Location Across From Roxbury Park.
– Owner User, Developer, Investor Opportunity
Owner User, Investor, Developer Opportunity! Prime location directly across Roxbury Park. The charming French style apartment complex has 5 units and a manager’s office around a lovely central courtyard garden. Two of the 5 units will be delivered vacant (the front unit, and a one level back unit). The front unit is on 2 levels, and has 2 bedrooms, a living room, dining room, den, kitchen, 1 full bath, 2 half baths, washer and dryer, and private basement. A manager’s office is located on the front upper level, it has a 3/4 bath and a separate entrance. The manager’s office could be combined with the front unit by opening up the common wall. A permit may be required. The 4 units in the back consist of 2 units on two levels, and 2 units on one level. Each of the 4 units has 2 bedrooms, a living room, dining room, kitchen, 1 full bath, and 1 half bath. There are 7 on-site parking spaces, 4 are covered. All of the units feature lovely hardwood floors, wainscoting, moldings, and tiles. Many improvements have been made to the property. There is a laundry facility in the common basement. Per the Assessor, the building is 6,800 sf, the land 7,806 sf. Competitive price per square foot for 2020 Beverly Hills multifamily. Amenities at Roxbury Park include tennis, lawn bowling, a community center, and playground. Walking distance to Century City and Beverly Hills High School. Drive by to appreciate the amazing location of this unique property. Do not disturb tenants.
$3,850,000 – Off Market Sale Price
Must provide proof of funds and P.E.A.D. forms prior to a showing. The showing is limited to the vacant units interiors, plus the exterior grounds of the property.
For more info about the property, please feel free to call.
The Sellers and the Sellers’ broker/agent do not guarantee or warrant the size, condition, zoning, permits, and other information about the property. Due diligence and independent professional verification is advised for the Buyer and the Buyer’s agent and broker regarding the subject property. Some photos were taken at different periods, and may display some differences to what is presently at the property.