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Michelle Esquivel
michelle@michellehomesellingteam.com$ 4,195,000
Est. payment | /mo
9 Beds
6 Baths
6,093 SqFt
$ 4,195,000
Est. payment | /mo
9 Beds
6 Baths
6,093 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,093 sqft
Price per Sqft $688
MLS Listing ID 24455833
Bedrooms 9
HOA Y/N No
Year Built 1929
Lot Size 7,008 Sqft
Property Description
This exquisite four-unit Mediterranean-style multifamily property exudes classic charm and modern convenience, nestled in the heart of Beverly Hills. Comprising two expansive 1,500 SF 2-bed/1-bath units, a 1,500 SF 2-bed/1.5-bath unit, and a generously sized 1,600 SF 3-bed/1.5-bath unit, each residence offers distinct architectural details that enhance the living experience. Features include decorative fireplaces, spacious separate showers and tubs, elegant pedestal sinks adjacent to the primary bedrooms, and full kitchens equipped with modern appliances. Individual laundry rooms with washer/dryer hookups are also provided for each unit.The top-floor units boast high ceilings adorned with intricate original moldings, while one unit enjoys the added luxury of a private balcony. Each unit is further enhanced by on-site garaged parking with electric doors, upgraded electrical systems, and HVAC. Much of the plumbing has been updated to copper, and the property also benefits from private back entrances leading to a shared patio, surrounded by drought-tolerant landscaping for both beauty and sustainability.Recent upgrades include roof improvements (with portions resealed and recoated in 2024) and a voluntary seismic retrofit completed in 2015. Additionally, the building has recently passed mandated balcony inspections, adding peace of mind for future ownership. With the potential to convert the garages into 1-2 ADUs, there is also an opportunity to boost revenue significantly.Located on a tranquil, tree-lined street, this property offers an unbeatable Beverly Hills address. Just a short stroll from Century City, iconic Rodeo Drive, Beverly Hills High School, and conveniently near public transportation, tenants enjoy easy access to the 405 and 10 freeways. Positioned in a highly desirable rental market, this property is poised for long-term appreciation and tenant satisfaction.
Location
State CA
County Los Angeles
Area C01 - Beverly Hills
Zoning BHR4YY
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher, Refrigerator
Exterior
Garage Spaces 4.0
Garage Description 4.0
Total Parking Spaces 5
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Schools
School District Beverly Hills Unified
Others
Senior Community No
Tax ID 4328005005
Special Listing Condition Standard
Listed by John Swartz • Compass
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA