NOT LISTED FOR SALE

228 S Reeves Dr Beverly Hills, CA 90212

8 Beds
6 Baths
5,789 Sq Ft
6,070 Sq Ft Lot

Last Sold August 03, 2021

Last sale price $3,280,000 $567 Per Sq Ft

58 Days on Market

About This Home

As of August 2021

6 units in Prime Beverly Hills location, located 1 block east of Beverly Drive and 1 1/2 blocks south of Wilshire Blvd. Close to the Beverly Hills Golden Triangle, Rodeo Drive, Wilshire/Rodeo subway station, Beverly Vista Middle School, shops and restaurants. There are 4 - 1 bedroom + 1 bath & 2- 2 bedroom + 1 bath units. The building is 5,789 square feet and it sits on a 6,070 square foot lot.The units are large and there is upside in the rents. First time on the market in more than 20years. The owner is also selling the 4 unit building located at 256 S. Reeves Drive. The properties can be purchased separately or together. Please Do Not Disturb the Tenants. Inspection with Accepted Offer.

Last Agent to Sell the Property

Michael Salerno

Michael Anthony Salerno License #01212427 Listed on: 03/24/2021

Michael Anthony Salerno

Last Buyer's Agent

Michael Salerno

Michael Anthony Salerno License #01212427 Listed on: 03/24/2021

Michael Anthony Salerno

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 6,070 Sq Ft Lot

Parking

  • 5 Car Attached Garage

Interior Spaces

  • 5,789 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4331-002-031

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5789
  • Lot Acreage: 0.1394
  • Stories: 2
  • Year Built: 1941
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 586.46

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 5

Lot Info

  • Assessed Improvement Percent: 38.27
  • Assessed Improvement Value: 99517
  • Assessed Land Percent: 61.73
  • Assessed Land Value: 160491
  • Total Assessed Value: 260008
  • Assessor Parcel Number: 4331-002-031
  • Lot Size Area: 6070

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 19.68
  • Number Of Units: 6
  • Total Annual Expense: 69858
  • Type Of Units: Apartments
  • Vacancy Rate: 5,158

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2021 08/03/21 Sold $3,280,000 -3.4% $567 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $3,395,000 -- $586 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Salerno

    Seller's Agent in 2021

    Michael Salerno

    Michael Anthony Salerno

    (310) 202-9166

    2 in this area

    29 Total Sales

    Michael Salerno
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Map

Source: The MLS

MLS Number: 21-710880

The MLS
California Los Angeles County Beverly Hills 90212

228 S Reeves Dr, Beverly Hills, CA

This home is located at 228 S Reeves Dr, Beverly Hills, CA 90212 since 24 March 2021. This property was built in 1941. 228 S Reeves Dr is a home located in Los Angeles County with nearby schools including Beverly Vista Elementary School, Beverly Hills High School, and Harkham Hillel Hebrew Academy.

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