For Sale

Listed by Hamid Soroudi from Keller Williams Beverly Hills

Source: Combined LA Westside Multiple Listing Service, Inc #25494335

342 North Oakhurst Drive, Beverly Hills, CA, 90210

$3,600,000

5
8
6
5305 sq. ft.
7726 sq. ft.

Other

•

30+ days on the market

What's around 342 North Oakhurst Drive

About this property

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.

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