303 N Swall Drive Pending Save Request In-Person Tour Request Virtual Tour
Beverly Hills,CA 90211
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 40,928 sqft
Price per Sqft $450
MLS Listing ID CL25535365
Year Built 1964
Lot Size 0.328 Acres
Property Sub-Type Other
Property Description
Trophy Property in the heart of Beverly Hills. Near multi-million-dollar condominiums at Four Seasons North (300 N. Swall Dr., Beverly Hills) selling over $1,200/S.F. Large 1-BR, 2-BR, 2+Den and P.H. units; some units have wet bars. The 3,000 +/- S.F. 3-BR+Den/2.5 BA PH. Unit is on the 5th floor with huge rooftop outdoor space, built-in BBQ, private elevator access, washer and dryer, wet bar, panoramic city views. Trophy multi-family Property, north of Wilshire location, controlled access, grand entry lobby, 2-level subterranean parking garage. Significant (59%) upside in rents. Priced at 10.3 x gross and 6.3% cap with rents at market. Assumable loan of $8,290,000 @ 4.52% fixed until 7/1/29 has a market value over $490,000 compared to a new loan at 6%
Location
State CA
County Los Angeles
Zoning BHR4
Building
New Construction No