Property listed by Remax Commercial and Investment Realty, Jonathan Taksa 213-817-1000
144 S Spalding Drive
Beverly Hills, CA 90212
Beds
9
Square Ft.
5,142
$3,650,000
SIGNIFICANT PRICE IMPROVEMENT IN A+++ BEVERLY HILLS LOCATION. We are pleased to present 144 S. Spalding Drive, a rare and highly desirable owner-user opportunity in the heart of prime Beverly Hills. With one of the four units delivered vacant, a buyer can immediately move into a spacious2-bedroom, 1-bath, two-story… Read More townhome-style unit while collecting strong rental income from the remaining three units. The building features an ideal unit mix, including two expansive 3-bedroom, 2-bath, two-story townhome-style residences and a charming 1-bedroom, 1-bath flat. Built in 1936, the property exudes period charm and architectural elegance, with original details such as hardwood floors, crown moldings, large bay windows, fireplaces, and oversized kitchens and bathrooms. Natural light fills every unit, and four garage parking spaces add convenience and appeal. This character-rich asset is located on one of the most coveted streets in Beverly Hills a walker's paradise just steps from Rodeo Drive, the Peninsula Hotel, the upcoming One Beverly Hills and Aman Hotel developments, and the Wilshire/Rodeo Metro station. Surrounded by world-class retail, fine dining, cultural landmarks, and major business hubs, the property offers both lifestyle and investment upside. Located in a high-barrier-to-entry submarket with limited supply and strong, consistent rental demand, 144 S. Spalding Drive is an ideal blend of personal use and income-producing potential a true generational opportunity in one of the world's most sought-after neighborhoods. Read Less
Listing Snapshot
Days Online
70
Last Updated
Property Type
Other
Beds
9
Square Ft.
5,142
Lot Size
0.14 Acres
Year Built
1936
MLS Number
25548349
30 Days Snapshot Of 90212
$3.39M
+38%
(avg) sold price
7
+40%
homes sold
62
-23%
(avg) days on market
Snapshot
Area Map
Additional Details
Income
Gross income: $181,680, Net operating income: $109,556
Building
Built in 1936, Building area total: 5,142, Levels: One, MultiSplit, Living area: 5142, 1 story, 1 building
Cooling
WallWindowUnits
Heating
WallFurnace
Lot
0.1406 acres, 6,125 square feet, Size: 6,125
Parking
4 totals parking, Assigned, Garage
Property
Zoning: BHR4YY
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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