308 S Reeves Dr, Beverly Hills, CA 90212 - Photo 1

1/1

$3,652,000

Sold
Closed
Multi-Family
4 Total Beds

1/1

Property Description

Reduced $150,000! Highest Cap Rate in Beverly Hills! Over $400,000 in Recent Upgrades/Renovations! 308 S Reeves Dr is an 8 Unit Apartment Building built in 1939. The property is located in an A+ Beverly Hills Location just north of Olympic Blvd and East of S Beverly Dr. The property offers an excellent unit mix comped of all Studio & 1 Bedroom / 1 Bathroom units. Spacious Units Averaging Approx. 701 SF Each. 5 of 8 Units Extensively Renovated. New Plumbing (5 Renovated Units), New Paint, New Landscaping. Carport in back offers 6 Parking Spaces. Potential ADU Opportunities

Full Property Details

Full Property Details for 308 S Reeves Dr

General

Sold For: $3,652,000
Status: Closed
Type: Multi-Family
Source: CLAW
MLS ID: 25-486971
Added to Site: 400 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 8

Bedrooms

Total Bedrooms: 4

Other Rooms

Laundry: Community

Additional Information

Other Features: Stall(s)

Parking

Garage Description: Carport

Location

Area: Beverly Hills
County: Los Angeles
Driving Directions: North of Olympic Blvd, on S Reeves Dr

Heating & Cooling

Cooling Type: Wall Unit(s)
Heating Type: Wall

Structural Information

# Buildings: 1
Common Walls: Detached/No Common Walls
Stories/Levels: 2
Square Feet: 5,606
Sq. Ft. Source: Assessor
Year Built: 1939
Year Built Source: Vendor Enhanced
Other Struct. Feat.: Partial Copper Plumbing

Unit Information

Units in Complex: 8
Unit Type: 2106, 2107

Unit 1

Total Bathrooms: 1

Unit 2

Total Bathrooms: 1
Bedrooms: 1

Additional Structures

Other Structures: Stall(s)

Lot Features

Lot Size (Acres): 0.1394
Lot Size: 6070
Lot Size Source: Assessor
Lot Dimensions: 50 x 121
Zoning: BHR4YY

Financial Considerations

Price Per Sq. Ft.: $668.03
Assessment Year: 1939

Disclosures and Reports

Disclosures/Reports: None
APN: 4331-005-035

Listed and Sold by Lyon Stahl Investment Real Estate, Inc., Jordan Asheghian

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Listing agent

— 308 S Reeves Dr —

Jordan Asheghian

Lyon Stahl Investment Real Estate, Inc.

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Schools

Schools serving 308 S Reeves Dr

School District:Beverly Hills Unified School District

Name	Grades	Distance
Beverly Vista Elementary School 200 South Elm Drive, Beverly Hills, CA 90212	K-8	0.3 mi
Beverly Hills High School 241 Moreno Dr., Beverly Hills, CA 90212	9-12	0.8 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 308 S Reeves Dr

Date

Details

Price

Change

Source

4/15/2025

Sold

$3,652,000

-2.48%

MLS

2/20/2025

Price Reduced

$3,745,000

-3.85%

MLS

1/21/2025

Listed

$3,895,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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308 S Reeves Dr, Beverly Hills, CA 90212 (MLS# 25-486971) is a Multi-Family property that was sold at $3,652,000 on April 15, 2025. Want to learn more about 308 S Reeves 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.

308 S Reeves Dr Beverly Hills, CA 90212