Assumable loan of $8,050,000 at 3.1% fixed until 10/1/26 to qualified buyers. Trophy Property located in Beverly Hills Golden Triangle. Walking distance to shops and restaurants on internationally well known Rodeo, Beverly and Canon Drives in Beverly Hills. Over $1,500,000 in renovation has been spent in the past few years. Controlled access, pool, elevator and subterranean parking garage. Large 1, 2, and 3 bedroom units, some have been renovated. Significant (21%) upside in rents. Priced at 14.5 x Gross and 4.4% Cap with rents at market. Showing with accepted offer.
Features
directions_car29 carspaces
30971 sq. ft. floor area
crop_free15098 sq. ft. lot size
cottageOther
Property history for 170 N Crescent Dr
2006
Sold
$2,462,383
20 Apr 2006
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