240 S Tower DR, Beverly Hills, CA 90211
$2,135,000
$2,195,000
2.7%
Est.Price: ?

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6 BD
5 BA
4,343 SqFt

240 S Tower DR Beverly Hills, CA 90211

Est. payment /mo
SOLD DATE : 05/24/2024

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Key Details

Sold Price $2,135,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 4,343 sqft

Price per Sqft $491

MLS Listing ID 24373499

Sold Date 05/24/24

Bedrooms 6

HOA Y/N No

Year Built 1929

Lot Size 6,734 Sqft

Property Description

1929 Character Spanish 4-unit pride of ownership building in the city of Beverly Hills. Upstairs: 1 bed 1 bath unit that was extensively remodeled in the last 7 years ($2,700 monthly rent) and a charming 2 bed 1 bath ($2,370 monthly rent). Downstairs: cozy 1 bed 1 bath unit that has some recent updates to the kitchen ($2,550 monthly rent) and a 2 bed 2 bath+ Office unit with private patio ($2,390 monthly rent). 3 of the 4 units have their own private laundry. All units have central AC. Roof for Building and Garage replaced in 2022. Property was fumigated in 2023. Estimated annual expenses are $11,500 for water, gardener, insurance, pest, and common electrical. Owner has maintained and upgraded property over the years by installing dual paned windows in some units, painting, installing newer appliances and remodeling in some of the units. Garage has 2 tandem spaces fitting 4 cars as well as storage. Located close to Rodeo Drive, Century City, La Cienega Park & Tennis Courts, Cedars Sinai, Restaurant Row, Miracle Mile, West Hollywood, Pico-Robertson, LACMA, and the upcoming "Purple" Metro Subway Line. Incredible opportunity to own income property in the city of Beverly Hills with its award-winning schools, fire, police, and city services. The building is currently 100% tenant occupied. Access to property with accepted offer only.

Location

State CA

County Los Angeles

Area C01 - Beverly Hills

Zoning BHR475

Interior

Heating Central

Cooling Central Air

Flooring Wood

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Laundry Inside, See Remarks

Exterior

Parking Features Garage, Tandem

Garage Spaces 4.0

Garage Description 4.0

View Y/N Yes

Total Parking Spaces 4

Building

Story 2

Entry Level One

Architectural Style Spanish

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4333030013

Special Listing Condition Standard

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Listed by Jimmy Martinez Carolwood Estates #01252139
Bought with Hamid Nejad KW Advisors
Jessica Lam

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