Prime Beverly Hills location, N. of Wilshire. Property has been in Seller's Family Trust since 1985. Selling with additional APN 4335-007-015. Charming Property with meticulously renovated units. Some units were designed by award winning architect from Rome, Italy. Significant (27%) upside in rents. 14.6 x gross and 4.5% cap with existing rents; 11.5 x gross and 6.25% cap with rents at market. New roof in 2022; replaced sewer line in 2020; new rain gutters in 2024. Value-Add: Potential to add two ADUs on top of the garages (Buyer to confirm). The City line separating City of Beverly Hills from City of Los Angeles runs through the property. Part of the Property is in the City of Beverly Hills (parcel # 4335-007-015) and the other part is in the City of Los Angeles (Parcel # 4335-007-016). Tenants can send their children to Beverly Hills school system.
Features
5 bedrooms
8 bathrooms
directions_car6 carspaces
5305 sq. ft. floor area
crop_free7726 sq. ft. lot size
cottageOther
Property history for 342 North Oakhurst Drive
2023
Rented
Undisclosed
09 Mar 2023 by Douglas Elliman
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Local market activity for 5 bedroom other properties in Beverly Hills
Sold
For Sale
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