NOT LISTED FOR SALE

148 S Maple Dr Beverly Hills, CA 90212

Estimated Value: $2,545,000 - $2,784,000

8 Beds
8 Baths
4,977 Sq Ft
$536/Sq Ft Est. Value

Last Sold December 20, 2024

Last sale price $2,650,000 $532 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $16,894/month

84 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • 4 Car Garage
  • Beverly Vista Elementary School Rated A
  • Central Heating
  • Front Yard

About This Home

As of December 2024

Just reduced! 148 S Maple presents an exceptional investment opportunity in the heart of Beverly Hills. Situated just two blocks from Wilshire Blvd, this fourplex is ideally located near premier shopping, dining, and entertainment. The property comprises four spacious 2-bedroom, 2-bath units, each offering open floor plans, individual gas and electric meters plus in-unit washer/dryers. A detached four-car garage at the rear of the property offers additional income potential through ADU conversion (buyer to verify). The property’s prime location in the thriving Beverly Hills rental market ensures strong demand, with easy access to upscale businesses, fine dining, and major employment centers. 148 S Maple is available for purchase individually or as a package with the nearby fourplex at 253 S. Elm, providing further investment potential. Contact for OMs. DISCLAIMER: The broker and broker’s agents do not guarantee the accuracy of square footage, bedroom/bathroom counts, lot size, or dimensions. Buyers are strongly advised to conduct their own independent investigations to verify all information. This includes inspections and consultations with appropriate licensed professionals. Prior to closing escrow, buyers should ensure all aspects of the property meet their satisfaction through thorough verification.

Last Agent to Sell the Property

Justin Seigel

ADR/Preferred Bus.Prop Brokerage Phone: 818-599-6466 License #02104699 Listed on: 09/12/2024

Co-Listed By

Karla Cisneros

Nansco Management Inc. Brokerage Phone: 818-599-6466 License #01423383

Last Buyer's Agent

Justin Seigel

ADR/Preferred Bus.Prop Brokerage Phone: 818-599-6466 License #02104699 Listed on: 09/12/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 6,072 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,977 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1254
  • Tax Tract Number 6380
  • Assessor Parcel Number 4331018038
  • $501 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $7,000
  • Water Sewer Expense $9,000
  • Operating Expense $61,500
  • Gross Income $152,040
  • Net Operating Income $85,979

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

6,072 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 3.13
  • Property Attached: Yes
  • Water Sewer Expenses: 9000.00
  • Zoning: BHR4YY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 4331018038
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 532.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Other
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6072.00
  • Lot Size Acres: 0.1394

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 152040.00
  • Gross Multiplier: 18.09
  • Gross Operating Income: 152040.00
  • Gross Scheduled Income: 152040.00
  • Insurance Expense: 7000.00
  • Lot Size Area: 6072.0000 Square Feet
  • Net Operating Income: 85979.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 61500.00
  • Rent Control: Yes
  • Total Actual Rent: 12670.00
  • Total Expenses: 61500.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Census Tract: 7009.02
  • Tax Lot: 1254
  • Tax Tract Number: 6380
  • TaxOtherAnnualAssessmentAmount: 501.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Dec 6, 2024
Sold by
Hang Town Properties Llc
Bought by
Alon And Natasha Ofir Living Trust and Ofir
Seller's Agent
Justin Seigel
ADR/Preferred Bus.Prop
Buyer's Agent
Justin Seigel
ADR/Preferred Bus.Prop
List Price
$2,900,000
Sold Price
$2,650,000
Premium/Discount to List
-$250,000
-8.62%
Views
35
Current Estimated Value
$2,668,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,923
Avg. Annual Appreciation
0.58%

Purchase Details

Closed on
Jul 15, 2013
Sold by
Kring Richard
Bought by
Hang Town Properties Llc

Purchase Details

Closed on
Oct 25, 2011
Sold by
Kring Richard and Kring Lisa Lacorte
Bought by
Kring Richard and Kring Lisa Lacorte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,950
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2009
Sold by
Rajadas Sheiba R
Bought by
Kring Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2005
Sold by
Kanani Michael
Bought by
Rajadas Sheiba R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 3, 2004
Sold by
Kanani Michael
Bought by
Kanani Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2003
Sold by
Sassaman Nicole A
Bought by
Kanani Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2003
Sold by
David John and Lowenstein Sharon David
Bought by
Sassaman Nicole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$948,750
Interest Rate
5.89%

Purchase Details

Closed on
Sep 1, 1998
Sold by
David John and Lowenstein Sharon David
Bought by
David John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.92%

Purchase Details

Closed on
May 2, 1996
Sold by
David John
Bought by
David John and Lowenstein Sharon David
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alon And Natasha Ofir Living Trust $2,650,000 None Listed On Document
Alon And Natasha Ofir Living Trust $2,650,000 None Listed On Document
Hang Town Properties Llc -- Stewart Title
Kring Richard -- Fidelity National Title Co
Kring Richard $2,350,000 Nations Title Company Of Ca
Rajadas Sheiba R $2,550,000 Commonwealth Title
Kanani Michael -- Commerce Title
Kanani Michael $1,850,000 California Title Company
Sassaman Nicole A -- California Title Company
David John -- Old Republic Title Company
David John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kring Richard $801,950
Previous Owner Kring Richard $1,350,000
Previous Owner Rajadas Sheiba R $1,500,000
Previous Owner Kanani Michael $1,300,000
Previous Owner Kanani Michael $1,350,000
Previous Owner Sassaman Nicole A $948,750
Previous Owner David John $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2024 12/20/24 Sold $2,650,000 -3.6% $532 / Sq Ft
12/05/2024 12/05/24 Pending -- -- --
11/22/2024 11/22/24 Price Changed $2,750,000 -5.2% $553 / Sq Ft
11/12/2024 11/12/24 For Sale $2,900,000 0.0% $583 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $2,900,000 -- $583 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $36,084 $2,650,000 $2,250,000 $400,000
2024 $36,084 $2,966,897 $2,146,271 $820,626
2023 $35,439 $2,908,724 $2,104,188 $804,536
2022 $34,427 $2,851,691 $2,062,930 $788,761
2021 $33,413 $2,795,777 $2,022,481 $773,296
2019 $32,453 $2,713,694 $1,962,494 $751,200
2018 $31,182 $2,660,502 $1,924,014 $736,488
2016 $29,908 $2,556,386 $1,849,303 $707,083
2015 $28,634 $2,804,945 $1,937,962 $866,983
2014 $30,817 $2,750,000 $1,900,000 $850,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24189754

California Regional Multiple Listing Service (CRMLS)

APN: 4331-018-038

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