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240 S Tower Dr, Beverly Hills, CA 90211
$2,135,000
240 S Tower Dr, Beverly Hills, CA 90211View this property at 240 S Tower Dr, Beverly Hills, CA 90211
240 S Tower DrBeverly HillsCA90211
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Property Description
1929 Character Spanish 4-unit pride of ownership building in the city of Beverly Hills. Upstairs: 1 bed 1 bath unit that was extensively remodeled in the last 7 years ($2,700 monthly rent) and a charming 2 bed 1 bath ($2,370 monthly rent). Downstairs: cozy 1 bed 1 bath unit that has some recent updates to the kitchen ($2,550 monthly rent) and a 2 bed 2 bath+ Office unit with private patio ($2,390 monthly rent). 3 of the 4 units have their own private laundry. All units have central AC. Roof for Building and Garage replaced in 2022. Property was fumigated in 2023. Estimated annual expenses are $11,500 for water, gardener, insurance, pest, and common electrical. Owner has maintained and upgraded property over the years by installing dual paned windows in some units, painting, installing newer appliances and remodeling in some of the units. Garage has 2 tandem spaces fitting 4 cars as well as storage. Located close to Rodeo Drive, Century City, La Cienega Park & Tennis Courts, Cedars Sinai, Restaurant Row, Miracle Mile, West Hollywood, Pico-Robertson, LACMA, and the upcoming "Purple" Metro Subway Line. Incredible opportunity to own income property in the city of Beverly Hills with its award-winning schools, fire, police, and city services. The building is currently 100% tenant occupied. Access to property with accepted offer only.
Full Property Details
Full Property Details for 240 S Tower Dr
General
- Sold For: $2,135,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 24-373499
- Added to Site: 68 day(s) ago
Interior
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Inside, In Unit, Other
Additional Information
- Other Features: Other
Parking
- Garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
- Garage Description: Tandem, Garage Is Detached, Garage - 4+ Car
Location
- Area: Beverly Hills
- County: Los Angeles
- Driving Directions: East of La Cienega | South of Wilshire
Heating & Cooling
- Cooling Type: Central, Air Conditioning
- Heating Type: Central
Structural Information
- # Buildings: 1
- Architectural Style: Spanish
- Stories/Levels: 2
- Square Feet: 4,343
- Sq. Ft. Source: Assessor
- Year Built: 1929
- Year Built Source: Assessor
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 2
- Bedrooms: 2
Additional Structures
- Other Structures: Other
Lot Features
- Property View: Tree Top, Walk Street
- Lot Size (Acres): 0.1546
- Lot Size: 6734
- Lot Size Source: Assessor
- Zoning: BHR475
Financial Considerations
- Price Per Sq. Ft.: $505.41
- Assessment Year: 1929
Disclosures and Reports
- Disclosures/Reports: Rent Control
- APN: 4333-030-013
Listed by Compass, Jimmy Martinez and Sotheby's International Realty, Shaun Seeram
Sold by KW Advisors, Hamid Nejad
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Schools
Schools serving 240 S Tower Dr
School District:Beverly Hills Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
8701 Charleville Blvd, Beverly Hills, CA 90211 | K-8 | 0.6 mi | |
241 S Moreno Dr, Beverly Hills, CA 90212 | 9-12 | 2.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 240 S Tower Dr
Date
Details
Price
Change
Source
5/24/2024
Sold
$2,135,000
-2.73%
MLS
3/27/2024
Listed
$2,195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
240 S Tower Dr, Beverly Hills, CA 90211 (MLS# 24-373499) is a Multi-Family property that was sold at $2,135,000 on May 24, 2024. Want to learn more about 240 S Tower Dr? Do you have questions about finding other Multi-Family real estate for sale in Beverly Hills? You can browse all Beverly Hills real estate or contact a Coldwell Banker agent to request more information.