Property Detail

Description

Prime Beverly Hills multifamily investment opportunity located south of Olympic Boulevard. This well-maintained six-unit apartment building, totaling approximately 6,724 square feet, offers an attractive unit mix and significant upside potential in one of Southern California's most desirable rental markets. The property consists of four spacious 2-bedroom, 2-bathroom units and two 1-bedroom, 1-bathroom units, all featuring efficient floor plans and generous living spaces. The asset is complemented by six on-site carport parking spaces. Two units will be delivered vacant, including one featuring a rare private patio of approximately 800 square feet, making the property ideal for an owner-user seeking supplemental rental income or an investor looking to immediately achieve market rents.The building has been recently painted and is well maintained overall. Many units feature hardwood flooring throughout, enhancing tenant appeal. Two units include in-unit washers and dryers, while the remaining units present an opportunity for strategic upgrades. The roof is in good condition, minimizing near-term capital expenditure requirements. Additionally, all units are separately metered for gas and electricity, allowing for efficient utility management and improved operating margins.There is potential to add a seventh unit through the development of an ADU (buyer to verify), creating additional long-term value. Existing tenants have expressed openness to cash-for-keys agreements, providing a potential pathway for a value-add repositioning or redevelopment strategy.Ideally situated in prime Beverly Hills, just south of Olympic Boulevard and in close proximity to premier shopping, dining, and major employment centers, 455 S. Oakhurst Drive presents a rare opportunity to acquire a stable, well-located asset with multiple value-creation strategies and substantial upside potential.