Active

318 N Oakhurst Dr

Beverly Hills CA, 90210

$5,800,000


$430.59 per sqft

Active

17 Beds

15 Baths

13,470 sqft

Multi-family

Built in 1969

Century Park Realty Inc. is proud to present 318 N Oakhurst Drive, a prime 7-unit, 4 story, multifamily investment opportunity situated in the most desirable multifamily pocket of Beverly Hills and Listed at just $431 PER SQUARE FOOT! Totaling 13,470 square feet on approximately 7,500 square feet of land zoned BHR4 and LAR4. The entire top floor features a luxurious single story Penthouse, with direct elevator access spanning +/- 5,300 square feet. The PH floor underwent a $660K renovation under the supervision of an ASID designer, making it one of the largest single-floor luxury penthouse apartments in Beverly Hills. The other six (6) units are all well apportioned 2 bed and 2 bath units. The property is currently 100% leased, providing robust cash flow to an investor, while also presenting a value-add component for future enhancements. The building is separately metered for electricity and features a central water meter. The property has unique zoning in that it sits between Beverly Hills and Los Angeles. As such, permits for renovations can be obtained in either city while the property benefits from all the Beverly Hills city services, like K-12 schools, Police and Fire Departments. Rarely do such well-maintained secured access buildings become available in this submarket. This is only the second time 318 N Oakhurst Drive is available for purchase since its construction in 1969.This generational legacy asset is ideally positioned just north of Burton Way and west of Doheny, only one block from the Four Seasons and of a mile from the Beverly Hills City Hall, Police Department and renowned dining on Canon Drive and shopping along Beverly and Rodeo Drives. Melrose/Robertson, Cedars Sinai Medical Center, and the Beverly Center are just a half mile away.

24-452575

MLS ID

October 14, 2024

Listed

December 16, 2024

Updated

Map

318 N Oakhurst Dr
Beverly Hills CA, 90210

Interior Features

Total Stories

4


Bedrooms

17


Total Bathrooms

15


Appliances

Elevator, Dishwasher, Refrigerator


Laundry Description

Community, In Unit


Floor Description

Laminate, Vinyl Plank, Vinyl, Carpet


Fireplace

No


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.17 Acres

Other Property Details

Area Name

Beverly Hills


Days on Market

63


Garage

Yes


Parking

Direct Entrance, Community Garage, Tandem, Side By Side, Gated


Parking Total

14


View

No


County

Los Angeles


Pool

No


Pool Features

None


Zoning

LAR4

Listing History

Date

Event

Price

12/16/2024

Active

11/12/2024

Under contract

Listed by Jordan Rubinstein with Century Park Realty, Inc.
Listing Contact: 310-435-3926 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Chris Pickett shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/16/2024

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