405 Shirley Place Beverly Hills, CA 90212
Estimated payment $44,149/month
Highlights
- Intercom
- Laundry Room
- 8 Detached Carport Spaces
- Beverly Hills High School Rated A
About This Home
Century Park Realty, Inc. is proud to present this pride-of-ownership 11-unit apartment complex located in prime Beverly Hills, across from Beverly Hills High School and at the gateway to Century City. 405 Shirley Place is a 13,122 SF building situated on a 0.32-acre lot, consisting of ten (10) spacious two-bedroom, two-bathroom units (averaging almost 1,200 SF) and one fully renovated standalone studio. The building features classic Beverly Hills charm with a leafy brick-gated courtyard, original crown moldings in units, and timeless architectural details with modern updates.This offering presents a compelling value-add opportunity, with a proven value add business plan already in motion. Five of the eleven units have been partially or fully updated as tenants naturally moved out over the year and those renovated units have achieved significantly higher rents (up to 95% rental premium through interior renovation), clearly demonstrating the potential to increase income across the board. A new owner can execute the same or similar renovation strategy to increase net operating income (NOI) by +/- 40% a clear path to increased cash flow and long-term value creation.Additional Opportunity to Acquire Adjacent Parcel(s)
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 0.32 Acre Lot
Parking
- 3 Car Garage
- 8 Detached Carport Spaces
Interior Spaces
- 13,122 Sq Ft Home
- 2-Story Property
- Intercom
- Dishwasher
- Laundry Room
Bedrooms and Bathrooms
- 21 Bedrooms
- 21 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
- Gas Water Heater
Listing and Financial Details
- The owner pays for water
- Assessor Parcel Number 4330-001-007
Community Details
Overview
- 2 Buildings
- 11 Units
Additional Features
- Laundry Facilities
- Rent Control
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | For Sale | $7,000,000 | 0.0% | $533 / Sq Ft |
| 04/19/2024 04/19/24 | Rented | $4,250 | 0.0% | -- |
| 03/24/2024 03/24/24 | For Rent | $4,250 | 0.0% | -- |
| 09/27/2018 09/27/18 | Sold | $6,850,000 | -11.9% | $522 / Sq Ft |
| 09/05/2018 09/05/18 | Pending | -- | -- | -- |
| 06/18/2018 06/18/18 | For Sale | $7,775,000 | -- | $593 / Sq Ft |
Source: The MLS
MLS Number: 25544177
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
- 9850 W Olympic Blvd
- 415 S Spalding Dr Unit 102
- 2160 Century Park E Unit 1103
- 2160 Century Park E Unit 1201
- 2160 Century Park E Unit 1903
- 2160 Century Park E Unit 1512
- 2170 Century Park E Unit 1004S
- 2160 Century Park E Unit 1107
- 2170 Century Park E Unit 1210S
- 2160 Century Park E Unit 411
- 2170 Century Park E Unit 1507
- 2170 Century Park E Unit 212
- 2160 Century Park E Unit 103N
- 2170 Century Park E Unit 109
- 2160 Century Park E Unit 308N
- 2131 Century Park Ln Unit 402
- 2224 Century Hill
- 2122 Century Park Ln Unit 109
- 2102 Century Park Ln Unit 217
- 2122 Century Park Ln Unit 411