140 S Camden Drive, Beverly Hills, CA 90212

$3,985,000
8
BD
8
BA
7,052
SqFt

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Sold Price
$3,985,000
List Price
$4,115,000
Closing Date
Mar 15, 2024
Status
CLOSED
MLS#
23334845
Year Built
1931
Bedrooms
8
Bathrooms
8
Living Sq. Ft
7,052
Lot Size
6,372
Acres
0.15
Days on Market
91
Property Type
Multifamily
Style
Mediterranean
Stories
Two Levels

Property Description

This is part of "The Six Building Trophy Portfolio" Properties can be sold individually or as a Portfolio. We are pleased to present the exclusive listing of an eight (8) unit charming, well-maintained Mediterranean Style apartment building at 140 S Camden Drive, a world-class location, steps from the renowned Golden Triangle of Beverly Hill. . The offering is enviably situated next to Rodeo Drive, a few doors south of Wilshire Blvd and just West of South Beverly Drive. The building is located only a half block north of multi-million dollar homes. Built in 1931, the South Camden Drive Apartments have been well-maintained by the same ownership for over 50 years. The building features a desirable unit mix consisting of eight (8) large 1 bed / 1 bath units. This Mediterranean style apartment building boasts large French Window Doors, gorgeous wood beamed ceilings, extra wide hallways featuring beautiful wood wainscoting, bright stucco walls & modern amenities like on-site washer / dryer. Each unit comes with its own decorative fireplace, dishwasher, kitchen, refrigerator, some with a private balcony. Tenants also will enjoy the covered parking spaces. The total size of the building is approximately 7,052 square feet and sits on a 6,370 square foot lot that is BHR4YY zoned. The offering is nestled within the heart of Beverly Hills, just south of the famed Rodeo Drive Mall and retail corridor. This is one of the most coveted neighborhoods in the County, being within the Beverly Hills School district and featuring close proximity to the Beverly Hills High School. Everything from luxury five-star hotels, designer brand shopping, and Michelin star dining options, are within a short walking distance from South Camden Drive. WalkScore of 96 out of 100 Easy access to Major Employers, Restaurants, and Lifestyle Amenities. Highly Affluent Sub-Market: Within Minutes to World Class Dining, Shopping and Entertainment. Commuters will appreciate this property's central location in Beverly Hills provides easy access to popular public transit options, like the Expo Line, and major arterial thoroughfares like Wilshire and Olympic Boulevards. The South Camden Drive Apartments provide an experienced investor a once-in-a-century opportunity to capitalize on a world-famous located asset with strong in-place cash flow with added upside.

Additional Information

Appliances
Dishwasher, Refrigerator
Fireplace Description
Decorative
Heat
Natural Gas
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Attached Structure
Detached
Number Of Units Total
8

Listing courtesy of Listing Agent: Eliyahu Appel (eappel@marcusmillichap.com) from Listing Office: Marcus & Millichap.

Listing sold by Jeffrey Louks from Marcus & Millichap

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.