OFF MARKET

Off market sep 2022 for $4.2M

—

Est. refi paymentEst. refi $15,265/mo

•

11 ba

•

6,560

sq ft

212 S Reeves Dr, Beverly Hills, CA 90212

About this home

We are pleased to present this eleven-unit complex located in Beverly Hills, CA consisting of seven studio and four one-bedroom, one-bathroom apartments. The Property, located south of Wilshire Blvd near the intersection of S Beverly Dr and Charleville Blvd and consists of a two structures. There is both covered and uncovered parking spaces in the courtyard and rear with access from the alleyway. 212 S Reeves Dr. boasts a Walk Score of 93, Transit Score of 59, and Bike Score of 60 and is conveniently located near Beverly Hills' Golden Triangle business district, with direct access to luxury shopping and dining establishments along Rodeo Dr. , S Beverly Dr. and in nearby Century City. The earthquake retrofitting was recently completed and the Owner added an on-site laundry room allowing for a new income stream. This deal provides an investor with the opportunity to acquire a trophy asset in irreplaceable Beverly Hills with significant rental upside.

Multi-familyProperty Type

1941Year Built

6,071 sq ftLot Size

$648Price/Sq.Ft.

1 garage spacesParking

Listed by Joshua Luchs •DRE #01845545 • CB Richard Ellis, Inc.

•818-231-2477 (agent)

•Josh.Luchs@Kidder.com (agent)

Bought with Dittany Zhang Seltzer •DRE #01960099 • Berkshire Hathaway HomeServices California Propert

Redfin checked: a few seconds ago

•Source:TheMLS #22-153125

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 90212, CA

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

96.1%

2.0% MoM

Median sale price

$3.2M

$449K MoM

Avg. days on market

74d

20 days MoM

Recently sold homes

1 MoM

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Provided by Redfin

Sale history for 212 S Reeves Dr

Year

Property tax

Land + Additions

Assessment*

2025

$52,088 (+2.1%)

$3,608,107 + $732,233

$4,340,340

2024

$50,995 (+2.1%)

$3,537,360 + $717,876

$4,255,236

2023

$49,966 (+103.4%)

$3,468,000 + $703,800

$4,171,800

2022

$24,560 (+3.0%)

$3,400,000 + $680,000

$4,080,000

2021

$23,836 (+0.3%)

$1,408,805 + $574,566

$1,983,371

2020

$23,755 (+2.5%)

$1,381,182 + $563,300

$1,944,482

2019

$23,166 (+4.2%)

$1,367,020 + $557,525

$1,924,545

2018

$22,238 (+2.6%)

$1,340,216 + $546,594

$1,886,810

2017

$21,684 (+1.9%)

$1,288,175 + $525,370

$1,813,545

2016

$21,271 (+4.3%)

$1,288,175 + $525,370

$1,813,545

2015

$20,385 (+3.0%)

$1,262,917 + $515,069

$1,777,986

2014

$19,792 (+33.2%)

$1,219,580 + $497,396

$1,716,976

2012

$14,857 (+3.1%)

$910,878 + $371,495

$1,282,373

2011

$14,413 (+0.7%)

$893,018 + $364,211

$1,257,229

2010

$14,314 (+1.9%)

$875,508 + $357,070

$1,232,578

2009

$14,052 (+1.8%)

$868,965 + $354,402

$1,223,367

2008

$13,809

$871,030 + $355,244

$1,226,274

Tax history for 212 S Reeves Dr

Year

Property tax

Land + Additions

Assessment*

2025

$52,088 (+2.1%)

$3,608,107 + $732,233

$4,340,340

2024

$50,995 (+2.1%)

$3,537,360 + $717,876

$4,255,236

2023

$49,966 (+103.4%)

$3,468,000 + $703,800

$4,171,800

2022

$24,560 (+3.0%)

$3,400,000 + $680,000

$4,080,000

2021

$23,836 (+0.3%)

$1,408,805 + $574,566

$1,983,371

2020

$23,755 (+2.5%)

$1,381,182 + $563,300

$1,944,482

2019

$23,166 (+4.2%)

$1,367,020 + $557,525

$1,924,545

2018

$22,238 (+2.6%)

$1,340,216 + $546,594

$1,886,810

2017

$21,684 (+1.9%)

$1,288,175 + $525,370

$1,813,545

2016

$21,271 (+4.3%)

$1,288,175 + $525,370

$1,813,545

2015

$20,385 (+3.0%)

$1,262,917 + $515,069

$1,777,986

2014

$19,792 (+33.2%)

$1,219,580 + $497,396

$1,716,976

2012

$14,857 (+3.1%)

$910,878 + $371,495

$1,282,373

2011

$14,413 (+0.7%)

$893,018 + $364,211

$1,257,229

2010

$14,314 (+1.9%)

$875,508 + $357,070

$1,232,578

2009

$14,052 (+1.8%)

$868,965 + $354,402

$1,223,367

2008

$13,809

$871,030 + $355,244

$1,226,274

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

6,073 Sq. Ft.

Year renovated

1941

Sq. Ft.

5,768

Year built

1941

Style

Multi-Family (5+ Unit)

County

Los Angeles County

APN

4331002035

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 8, 2026.

Property details

Parking

Garage
Assigned, Offsite

Parking
# of Parking Spaces (Total): 8
# of Carport Spaces: 4
# of Open Other Spaces: 4

Interior

Kitchen Information
Oven-Gas

Laundry Information
Community Laundry

Flooring Information
Hardwood Floors, Ceramic Tile Floors

Equipment
Ceiling Fan, Garbage Disposal

Heating & Cooling
Window Unit Cooling
Natural Gas Heat

Multi-Unit Income
Actual Rent Total: $239,736
Actual Annual Gross Rent: $239,736
Actual Gross Annual Income: $241,736
Gross Income: 241736
Gross Spendable Income: $140,166
Gross Scheduled Income: $234,544
Gross Operating Income: $234,544
Net Operating Income: $143,835
Monthly Gross Income: $11,680

Multi-Unit Expenses
Maintenance Expense %: 40
Operating Expense %: 60
Total Annual Expense: $90,709

Multi-Unit Other Financial Information
Cap Rate: 3.1
Gross Rent Multiplier: 19.33
Vacancy Rate: 1
Vacancy Allow Dollar: $7,192
Vacancy Allow %: 3
Scheduled Actual: Scheduled

Multi-Unit Information
Owner Pays: Gardener, Gas, Water
Tenant Pays: Electric
Unit Type Type: 1, 2
Type Of Units: Apartment
# of Buildings: 2

Unit 1 Information
# of Beds: 0
# of Baths: 1.00
Rent: $1,604
Projected Rent: $11,228
Actual Rent: $11,228
# of Units: 7

Unit 2 Information
# of Beds: 1
# of Baths: 1.00
Rent: $2,188
Projected Rent: $8,752
Actual Rent: $8,752
# of Units: 4

Exterior

Building Information
Total Floors: 2
Multi Levels
Faces West

Property Information
Property Type: Residential Income

Land Information
Other Structures: None

Lot Information
Lot Size (Sq. Ft.): 6,071
Lot Size (Acres): 0.1394
Lot Size Dimensions: 50 x 121
Zoning: BHR4YY

Financial

Assessment Information
Assessed Total Value: $1,944,482
Assessed Land Value: $1,381,182
Assessed Land %: 71.03
Assessed Improvement Value: $563,300
Assessed Improvement %: 28.97
Assessor Parcel Number: 4331-002-035

Lease Information
Tenant Pays: Electric

Location

Community Information
# of Units in Complex (Total): 11

Location Information
Directions: South of Wilshire One Block East of Beverly Drive

Public facts

Beds: 4
Baths: 11.0
Sq. Ft.: 5,768
Stories: —
Lot Size: 6,073 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1941
Year Renovated: 1941
County: Los Angeles County
APN: 4331002035

Home facts updated by county records on Oct 8, 2026

Other

Documents & Disclosures
Disclosures: As Is

Around this home

Schools

Beverly Vista Elementary School

Public 6-8 • Assigned • 0.2mi

9/10

Beverly Hills High School

Public 9-12 • Assigned • 0.8mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

The Los Angeles County market is becoming more balanced, giving buyers a little more room to negotiate while well-priced homes can still attract strong interest. With homes taking longer to sell and buyers becoming more selective, pricing and...
16 hours ago • Los Angeles County
Sang Ur
Redfin Premier agent
123 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 86° expected this year, 21 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

5/10 Air Factor

7 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Beverly Hills, CA • 90212

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 6.6 hours in December, placing it above the U.S. average for solar exposure.

9.5 hrs

6.6 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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Home values near 212 S Reeves Dr

Data from public records.

Address	Redfin Estimate
228 S Reeves Drive #A, Beverly Hills, CA 8 Beds \| 6 Baths \| 5789 Sq. Ft.	—
216 S Reeves Drive, Beverly Hills, CA 8 Beds \| 6 Baths \| 5773 Sq. Ft.	—

Address	Redfin Estimate
224 S Reeves Drive, Beverly Hills, CA 6 Beds \| 4 Baths \| 4240 Sq. Ft.	$2,487,661
208 S Reeves Drive, Beverly Hills, CA 8 Beds \| 4 Baths \| 5123 Sq. Ft.	$3,589,254

Address	Redfin Estimate
220 S Reeves Drive, Beverly Hills, CA 10 Beds \| 6 Baths \| 5822 Sq. Ft.	—
204 S Reeves Drive, Beverly Hills, CA - Beds \| 20 Baths \| 8856 Sq. Ft.	—

Property information provided by undefined .

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About this home

Redfin Estimate

Market trends in 90212, CA

Sale history for 212 S Reeves Dr

Tax history for 212 S Reeves Dr

Public record

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 90212

Home values near 212 S Reeves Dr

More real estate resources