Seller's Agent in 2023
Jake Glaser
Lyon Stahl Investment Real Estate, Inc.
(310) 494-6368
3 in this area
43 Total Sales
Estimated Value: $3,006,358 - $3,881,000
TO BE SOLD WITH ADJACENT PROPERTY 9912 DURANT DR... We are pleased to present a remarkable opportunity to acquire a two-property portfolio of prime multifamily real estate in the highly sought-after City of Beverly Hills. Comprising two side-by-side 4-unit buildings, 9912 & 9916 Durant Drive presents an enchanting investment opportunity in an esteemed Beverly Hills locale. Built in 1937, the charming property showcases timeless architectural design, exuding a sense of classic elegance. The two 4-plexes share a picturesque courtyard with 50% townhome-style units, offering spacious floor plans of 2+1.5, 3+2.5 and 3+3 configurations. With an average unit size of approximately 1,500 square feet, the units boast hardwood floors, faux fireplaces, and formal dining rooms. Additionally, half of the units have been tastefully renovated with central A/C and heat, and each unit features its own in-unit washer/dryer. Approximately 80% of the property has been re-piped with copper plumbing. There's also a potential to build (2) ADUs in the existing carports (Buyer to verify).Located in one of Beverly Hills' most coveted areas, 9912-18 Durant offers unparalleled convenience. Residents can easily access iconic destinations such as the The Peninsula Hotel, LACountry Club, Westfield Century City, Rodeo Drive, Beverly Hills High School and more.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #02128816 Listed on: 05/18/2023
Last Buyer's Agent
Lyon Stahl Investment Real Estate, Inc. License #02128816 Listed on: 05/18/2023
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kaa Family Trust | $5,600,000 | Old Republic Title Company | |
| Blue Parrot Ii Llc | -- | None Available | |
| Schneider Matthew | -- | None Available | |
| Schneider Dee Dee | -- | None Available | |
| Schneider Dee Dee | -- | None Available | |
| Blue Parrot Llc | -- | None Available | |
| Schneider Dee Dee | -- | None Available | |
| Reed Charlotte | -- | None Available | |
| Reed Charlotte | $2,650,000 | Stewart Title | |
| Reed Charlotte | $2,650,000 | Stewart Title | |
| Durant 9900 Llc | -- | Benefit Land Title | |
| Rogell David | -- | -- | |
| Rogell David | -- | First Southwestern Title Co |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Reed Charlotte | $1,500,000 | |
| Previous Owner | Rogell David | $565,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/03/2023 08/03/23 | Sold | $2,800,000 | -5.1% | $458 / Sq Ft |
| 07/21/2023 07/21/23 | Pending | -- | -- | -- |
| 07/12/2023 07/12/23 | Price Changed | $2,950,000 | -10.6% | $482 / Sq Ft |
| 06/11/2023 06/11/23 | For Sale | $3,300,000 | 0.0% | $539 / Sq Ft |
| 06/01/2023 06/01/23 | Pending | -- | -- | -- |
| 05/18/2023 05/18/23 | For Sale | $3,300,000 | -- | $539 / 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 | $34,203 | $2,856,000 | $867,000 | $1,989,000 |
| 2024 | $34,203 | $2,800,000 | $850,000 | $1,950,000 |
| 2023 | $39,005 | $3,195,738 | $2,455,988 | $739,750 |
| 2022 | $37,893 | $3,133,078 | $2,407,832 | $725,246 |
| 2021 | $36,774 | $3,071,646 | $2,360,620 | $711,026 |
| 2020 | $36,650 | $3,040,151 | $2,336,415 | $703,736 |
| 2019 | $35,719 | $2,980,541 | $2,290,603 | $689,938 |
| 2018 | $34,277 | $2,922,100 | $2,245,690 | $676,410 |
| 2016 | $32,868 | $2,808,634 | $2,158,488 | $650,146 |
| 2015 | $31,469 | $2,766,447 | $2,126,066 | $640,381 |
| 2014 | $30,437 | $2,700,000 | $2,076,900 | $623,100 |
Seller's Agent in 2023
Jake Glaser
Lyon Stahl Investment Real Estate, Inc.
(310) 494-6368
3 in this area
43 Total Sales
Source: The MLS
MLS Number: 23-272038
APN: 4328-004-013