Seller's Agent in 2021
Eric Sackler
Coldwell Banker Realty
(310) 820-6651
2 in this area
30 Total Sales
6 Unit located in Beverly HIlls, one of the most sought-after apartment markets in the country! // Ideal unit mix: (1) 3+2, (3) 2+2, (2) 1+1 currently at 19.02 GRM and 3.14% CAP. 1 two-bedroom unit will be delivered vacant at closing. // 8 covered parking + on-site laundry available for tenants. Property is not identified as soft-story - retrofitting not required (check w/ city) // South Rodeo Drive is also close to the Beverly Hills business district - one of the most coveted commercial real estate sub-markets in the country, and a prime area for office space, high-end retail, restaurant, and entertainment establishments. It's close distance to the hot and bustling corridor of South Beverly Drive. The property is situated just outside the Beverly Hills Triangle where demand for rental housing is consistently high and vacancies low, which has helped keep rental rents for space at a stable premium throughout the pandemic. The property benefits from its close proximity to a vibrant retail area as well as to premier dining establishments and luxury hotels. The building's preeminent location makes it an incredible investment opportunity with great upside! Proforma at 14.8 GRM and 4.5% CAP. // Do not disturb tenants and inside with accepted offers only.
Last Agent to Sell the Property
Coldwell Banker Realty License #01057377 Listed on: 06/14/2021
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/30/2021 07/30/21 | Sold | $3,775,000 | +0.7% | $569 / Sq Ft |
| 06/23/2021 06/23/21 | Pending | -- | -- | -- |
| 06/14/2021 06/14/21 | For Sale | $3,750,000 | -- | $565 / Sq Ft |
| 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 | $48,087 | $4,006,058 | $2,960,238 | $1,045,820 |
| 2024 | $48,087 | $3,927,509 | $2,902,195 | $1,025,314 |
| 2023 | $47,231 | $3,850,500 | $2,845,290 | $1,005,210 |
| 2022 | $45,891 | $3,775,000 | $2,789,500 | $985,500 |
| 2021 | $4,359 | $297,581 | $172,121 | $125,460 |
| 2020 | $4,339 | $294,531 | $170,357 | $124,174 |
| 2019 | $4,250 | $288,757 | $167,017 | $121,740 |
| 2018 | $4,017 | $283,096 | $163,743 | $119,353 |
| 2016 | $3,745 | $272,105 | $157,386 | $114,719 |
| 2015 | $3,612 | $268,018 | $155,022 | $112,996 |
| 2014 | $3,556 | $262,769 | $151,986 | $110,783 |
Seller's Agent in 2021
Eric Sackler
Coldwell Banker Realty
(310) 820-6651
2 in this area
30 Total Sales
Seller Co-Listing Agent in 2021
Susan Lau
Coldwell Banker Realty
(213) 220-5466
2 in this area
68 Total Sales
Source: The MLS
MLS Number: 21-747498