318 North Oakhurst Drive
$5,800,000
17
15
13,470
13,470
$431
Description
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...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.
- Listed by Jordan Rubinstein • DRE #01736033 • Brokerage DRE #01736033 • Century Park Realty, Inc.
Property Details for 318 North Oakhurst Drive
Zoning
LAR4
Parcel Number4335015004
Total Units7.0
Living Area13470
Source Living AreaAssessor
AreaBeverly Hills (C01)
Vacancy Rate0
Lot Size Area7497
LISTING UPDATED: 10/22/2024 12:01 AM
Property Details for 318 North Oakhurst Drive
Status | Active |
---|---|
MLS # | 24-452575 |
Days on Market | 9 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1969 |
Lot Size | 0.17 AC / 7,497 SF |
County | Los Angeles County |
Building Information for 318 North Oakhurst Drive
Stories4Residences-Year Built1969Building Size-Lot Size0.17 AC / 7,497 SF
Property Information for 318 North Oakhurst Drive
Property History for 318 North Oakhurst Drive
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 318 North Oakhurst Drive
Taxable ValueLand$496,971Additions$283,977Total$780,948
Tax Record2024$9,908 ($826 / month)
Home Facts
Total Finished SqFt13,470 SqFtAbove Grade Finished SqFt13,470 SqFtLot Size2,107 SqFtStyleMulti-Family Res (5+ Units)Year Built1969ZoningBHR4*CountyLOS ANGELESAPN4335-015-003
Schools near 318 North Oakhurst Drive
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 7 to 12 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Rosewood Avenue Elementary School PublicK to 5 | ||
West Hollywood Opportunity School Public7 to 12 | ||
Fairfax Senior High School Public9 to 12 | ||
West Hollywood Elementary School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.