NOT LISTED FOR SALE

141 S Bedford Dr Beverly Hills, CA 90212

31 Beds
34 Baths
-- Sq Ft
333,386,112 Sq Ft Lot

Last Sold December 29, 2021

Last sale price $16,500,000

16 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Laundry Facilities
  • Beverly Vista Elementary School Rated A
  • 6 Car Garage

About This Home

As of December 2021

We are excited to exclusively offer for sale for the first time in two generations, five well-maintained, charming apartment buildings in prime Beverly Hills (can be purchased together or individually). Totaling 28 units, all five properties are located within minutes of each other and offer an investor a rare opportunity to purchase irreplaceable real estate (as a portfolio, sub-portfolio or individually). This is the first time these properties have been on the market in over two generations. The properties are in phenomenal locations and are within walking distance to a plethora of high-end shopping, dining and entertainment. The area is known for its luxury living, top-rated schools and with two future Metro stations within one half-mile of all the buildings or a very short walk from most of the buildings, it offers tremendous proximity to employment centers including Century City, Westwood, Hollywood and Downtown Los Angeles. Strong fundamentals in Beverly Hills support robust rents with an average home value of $3,634,399 and an average household income of $208,129 (Source: STI PopStats). The PORTFOLIO offers an attractive selection of studios, one- and two-bedroom units. ALL PORTFOLIO ADDRESSES ARE: 141-143 S Bedford Dr, BH 90212 (6u - APN: 4328-020-008); 8918 & 8924 Burton Way/332 N La Peer, BH 90211 (9u - APN: 4335-019-032; -006); 123 N Hamilton Dr, BH 90211 (6u - APN: 4334-021-064); 218 S Gale Dr, BH 90211 (7u - APN: 4333-030-035). RENTS SHOWN are averages for the entire portfolio. Detailed Rent Rolls are available in OM. Tenant Occupied - Please DO NOT DISTURB TENANTS or Walk the Property without an appointment.

Last Agent to Sell the Property

Adrienne Barr

Berkadia License #01308753 Listed on: 10/14/2021

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 31,657 Sq Ft Lot

Parking

  • 6 Car Garage
  • Carport

Interior Spaces

  • 2-Story Property
  • Decorative Fireplace

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 31 Bedrooms
  • 34 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 4328-020-008

Community Details

Overview

  • 5 Buildings
  • 28 Units

Additional Features

  • Laundry Facilities
  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0.73 Acres

Parking

6

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Lot Acreage: 0.1757
  • Stories: 2
  • Year Built: 1937
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Hardwood, Tile
  • Bedrooms: 31
  • Laundry: Community
  • Total Bathrooms: 34.00
  • Equipment: Garbage Disposal, Refrigerator, Range/Oven

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Garage Spaces: 6
  • Parking Garage: Garage, Carport
  • Total Parking: 6

Utilities

  • Cooling: Wall/Window
  • Heating: Forced Air

Lot Info

  • Assessed Improvement Percent: 33.33
  • Assessed Improvement Value: 720622
  • Assessed Land Percent: 66.67
  • Assessed Land Value: 1441251
  • Total Assessed Value: 2161873
  • Assessor Parcel Number: 4328-020-008
  • Lot Size Area: 31657

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 20.70
  • Number Of Units: 28
  • Type Of Units: income
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2021 12/29/21 Sold $16,500,000 +9.3% --
10/30/2021 10/30/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $15,100,000 -- --
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $50,116 $4,085,650 $2,865,261 $1,220,389
2024 $49,063 $4,005,540 $2,809,080 $1,196,460
2023 $52,040 $3,927,000 $2,754,000 $1,173,000
2022 $46,825 $3,850,000 $2,700,000 $1,150,000
2021 $26,718 $2,184,269 $1,456,182 $728,087
2020 $26,627 $2,162,053 $1,441,251 $720,802
2019 $25,965 $2,119,665 $1,412,992 $706,673
2018 $24,900 $2,078,108 $1,385,287 $692,821
2016 $23,820 $1,997,242 $1,331,496 $665,746
2015 $22,825 $1,967,242 $1,311,496 $655,746
2014 $22,116 $1,928,707 $1,285,806 $642,901
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-795326

The MLS
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