Unique Mid-Century style building on a beautiful tree lined street in the heart of Beverly Hills. One block from Beverly Drive and just south of Wilshire Blvd from downtown, Rodeo Drive and the soon to be Metro stop. Eleven highly desirable units featuring abundance of natural light, quality living environment, gated garage parking and on premises laundry. Ten of the eleven units have been appropriately remodeled or upgraded. The building is easy to manage and there is good upside potential in rents. Soft story retrofit has been done, painting and new roof September 2024, elevator mechanics recently modernized (all permits available). Limited showings so as not to disturb tenants, or with accepted offer. Property status is technically not back on market - it was initially listed as Coming Soon and then put on HOLD for after the holidays.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
14
Baths
14
Stories
—
Lot width
—
Lot depth
—
Lot size
6,072 Sq. Ft.
Year renovated
1963
Sq. Ft.
11,240
Year built
1963
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
4331002039
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 8, 2026.
Property details
Parking
Garage
Carport, 4+ Car Garage
Parking
# of Parking Spaces (Total): 14
Interior
Kitchen Information
Granite Counters, Tile Counters, Remodeled
Laundry Information
Community Laundry
Interior Features
Main Level
Flooring Information
Carpeted Floors, Laminate Floors, Linoleum Floors
Equipment
Dishwasher, Refrigerator, Range/Oven
Heating & Cooling
Wall/Window Unit Cooling
Radiant Heat
Water Heater Features: Central Water Heater
Multi-Unit Income
Gross Income: 237000
Gross Operating Income: $237,450
Net Operating Income: $146,313
Multi-Unit Expenses
Total Annual Expense: $91,137
Multi-Unit Other Financial Information
Rent Control: 11
Gross Rent Multiplier: 19
Scheduled Actual: Actual
Multi-Unit Information
Owner Pays: Gardener, Water
Tenant Pays: Cable TV, Electric, Gas
Unit Type Type: 1, 2
Type Of Units: apartment
# of Units Leased: 11
# of Buildings: 1
# of Disposals: 9
# of Gas Meters: 11
# of Dishwashers: 11
# of Patios: 4
# of Wall A/Cs: 11
# of Electric Meters: 11
# of Refrigerators: 11
# of Ranges: 11
# of Carpets: 10
Laundry Equipment: Lease
Unit 1 Information
# of Beds: 1
# of Baths: 1.00
Rent: $2,075
Projected Rent: $7,800
Actual Rent: $6,227
# of Units: 9
Unit 2 Information
# of Beds: 2
# of Baths: 1.50
Rent: $1,700
Projected Rent: $17,000
Actual Rent: $13,519
# of Units: 3
Exterior
Building Information
Total Floors: 3
Three Or More Levels
Attached
Security Features: Smoke Detector, Automatic Gate
Exterior Construction: Stucco
Exterior Features
Roof: Rolled/Hot Mop
Other Structural Features: Balcony
Property Information
Property Type: Residential Income
Land Information
Other Structures: None
Lot Information
Lot Size (Sq. Ft.): 6,072
Lot Size (Acres): 0.1394
Zoning: BHR4YY
Property Features
Alley: True
Financial
Assessment Information
Assessed Total Value: $1,103,597
Assessed Land Value: $574,773
Assessed Land %: 52.08
Assessed Improvement Value: $528,824
Assessed Improvement %: 47.92
Assessor Parcel Number: 4331-002-039
Tax Information
No Mello-Roos Tax
Lease Information
Tenant Pays: Cable TV, Electric, Gas
Location
Community Information
# of Units in Complex (Total): 11
Athletic Court: None
Location Information
Complex Name: The Reeves
Directions: Between Wilshire and Olympic, one block east of Beverly Drive
Public facts
Beds: 14
Baths: 14.0
Sq. Ft.: 11,240
Stories: —
Lot Size: 6,072 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1963
Year Renovated: 1963
County: Los Angeles County
APN: 4331002039
Home facts updated by county records on Oct 8, 2026
Other
Documents & Disclosures
Disclosures: Rent Control
Listing Information
Possession: Close Of Escrow
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...