9000 Burton Way

6
Baths
5,658 Sq. Ft.
$707 / Sq. Ft.
5,658
Sq. Ft.
$707
per Sq. Ft.

Description

Location, location, location! This is a tremendous opportunity to own a two story Art Deco building in an A+ desirable Beverly Hills area, just across from the Four Seasons Hotel. Situated on a 5,500 sqft lot, the property offers 5,700 rentable sqft, zoned BHR4YY. The current attractive unit mix consists of 3 (1+1), 1 (1+1+bonus) and 2 (2+2), all units are large with beautiful Crown Moldings and hardwood floors, some units have laundry inside. Each unit is separately metered for gas and electricity...Location, location, location! This is a tremendous opportunity to own a two story Art Deco building in an A+ desirable Beverly Hills area, just across from the Four Seasons Hotel. Situated on a 5,500 sqft lot, the property offers 5,700 rentable sqft, zoned BHR4YY. The current attractive unit mix consists of 3 (1+1), 1 (1+1+bonus) and 2 (2+2), all units are large with beautiful Crown Moldings and hardwood floors, some units have laundry inside. Each unit is separately metered for gas and electricity and has its own water heater. This is a perfect opportunity to purchase an investment property in a prime Beverly Hills location with HUGE upside potential which could be achieved through interior and exterior renovations. There are 6 covered on-site parking and plenty of street parking. There is no earthquake seismic retrofit required. Great location just a few blocks from the iconic Golden Triangle and numerous world-class retailers, restaurants, Rodeo Dr., Beverly Center and Cedars Sinai Hospital. Showing with accepted offers only. Two units will be delivered vacant.
  1. Listed by Faye Sarafian-Erdman • DRE #01121133 • Brokerage DRE #01022898 • Nelson Shelton Real Estate Era Powered

Property Details for 9000 Burton Way

Zoning
BHR4YY
Style
Art Deco
Parcel Number
4335018001
Total Units
6.0
Living Area
5658
Source Living Area
Vendor Enhanced
Area
Beverly Hills (C01)
Vacancy Rate
3%
LISTING UPDATED: 03/25/2022 06:10 PM

Property Details for 9000 Burton Way

StatusSold
MLS #21-107971
Days on Market77
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.13 AC / 5,500 SF
CountyLos Angeles County

Location

Listing Courtesy of Nelson Shelton Real Estate Era Powered, Faye Sarafian-Erdman, DRE #01121133

Sold By Elite Properties Realty, Mazda Hoghoughi, DRE #00987570

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Building Information for 9000 Burton Way

Stories2Residences-Year Built1940Building Size-Lot Size0.13 AC / 5,500 SF

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$23,819 per month

30 year fixed, 6.15% Interest

Principal and Interest

$19,495

Property Taxes

$4,324

HOA Dues

$0

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Property Information for 9000 Burton Way

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: single story
  • View: Yes
  • View Description: Walk Street, Tree Top
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $196,200
  • Net Operating Income: $132,350.00
  • Gross Income: $196,200
  • Cap Rate: 3.35%
  • Gross Rent Multiplier: $20.13
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 63850
  • Water Expense: $7,000.00
  • Gas Expense: $870
  • Electric Expense: $3,000.00
  • Tax Expense: $47,400
  • Gardener Expense: $1,200
  • Insurance Expense: $4,380
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1263
  • Lot Size Square Feet: 5500
  • Lot Size Dimensions: 140x50
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Door Opener, Covered Parking
  • Total Parking: 6
  • Parking Features: Garage Door Opener, Covered
Interior Features
Interior Features
  • Cooling: Window Unit(s)
  • Cooling Type: Window Unit(s)
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structural Features: Balcony
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-29-2021
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,263.00
  • Unit Actual Rent: $9,050.00
  • Unit Projected Rent: $12,000.00
  • Like Units: 4
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,000.00
  • Unit Actual Rent: $6,000.00
  • Unit Projected Rent: $9,000.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $706,493.00
  • Assessed Improvement Percent: 31.58
  • Assessed Land Value: $1,530,744.00
  • Assessed Land Percent: 68.42
  • Assessed Total Value: $2,237,237.00

Property History for 9000 Burton Way

DateEvent & SourcePriceAppreciation
Mar 25, 2022

Sold

CLAW #21-107971

$4,000,000—
Mar 25, 2022

Sold

CRMLS #21107971

$4,000,000—
Mar 23, 2022

Sold (Public Record)

Public Record #1486340345

$4,000,000

+5.9% / yr

Feb 16, 2022

Pending

CRMLS #21107971

—
Feb 14, 2022

Pending

CLAW #21-107971

—
Nov 29, 2021

Listed (Active)

CRMLS #21107971

$3,950,000—
Nov 29, 2021

Listed (Active)

CLAW #21-107971

$3,950,000—
Mar 25, 2009

Sold

CRMLS #08302857

$2,385,000—
Mar 25, 2009

Sold

CLAW #08-302857

$2,385,000—
Mar 16, 2009

Sold (Public Record)

Public Record #264313293

$1,900,000—
Jan 27, 2009

Pending

CLAW #08-302857

—
Jan 27, 2009

Pending

CRMLS #08302857

—
Jan 6, 2009

Listed (Active)

CLAW #08-302857

$2,595,000—
Jul 23, 2008

Listed (Active)

CRMLS #08302857

$2,385,000—
Dec 30, 2006

Expired

CLAW #06-118067

$2,875,000—
Jul 31, 2006

Listed (Active)

CLAW #06-118067

$2,875,000—
Apr 30, 2006

Expired

CLAW #05-072577

$2,995,000—
Dec 8, 2005

Listed (Active)

CLAW #05-072577

$2,995,000—
Feb 21, 2001

Expired

CLAW #00-223017

$1,275,000—
Dec 13, 2000

Listed (Active)

CLAW #00-223017

$1,275,000—
Mar 11, 1998

Sold

CLAW #735807

—
Jan 5, 1998

Pending

CLAW #735807

—
Dec 9, 1997

Listed (Active)

CLAW #735807

$700,000—
DateEvent & SourcePrice
03/25/2022

Sold

CLAW #21-107971

$4,000,000
03/25/2022

Sold

CRMLS #21107971

$4,000,000
03/23/2022

Sold (Public Record)

Public Record #1486340345

$4,000,000

+5.9% / yr

02/16/2022

Pending

CRMLS #21107971

—
02/14/2022

Pending

CLAW #21-107971

—
11/29/2021

Listed (Active)

CRMLS #21107971

$3,950,000
11/29/2021

Listed (Active)

CLAW #21-107971

$3,950,000
03/25/2009

Sold

CRMLS #08302857

$2,385,000
03/25/2009

Sold

CLAW #08-302857

$2,385,000
03/16/2009

Sold (Public Record)

Public Record #264313293

$1,900,000
01/27/2009

Pending

CLAW #08-302857

—
01/27/2009

Pending

CRMLS #08302857

—
01/06/2009

Listed (Active)

CLAW #08-302857

$2,595,000
07/23/2008

Listed (Active)

CRMLS #08302857

$2,385,000
12/30/2006

Expired

CLAW #06-118067

$2,875,000
07/31/2006

Listed (Active)

CLAW #06-118067

$2,875,000
04/30/2006

Expired

CLAW #05-072577

$2,995,000
12/08/2005

Listed (Active)

CLAW #05-072577

$2,995,000
02/21/2001

Expired

CLAW #00-223017

$1,275,000
12/13/2000

Listed (Active)

CLAW #00-223017

$1,275,000
03/11/1998

Sold

CLAW #735807

—
01/05/1998

Pending

CLAW #735807

—
12/09/1997

Listed (Active)

CLAW #735807

$700,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9000 Burton Way

Taxable ValueLand$3,501,986Additions$742,845Total$4,244,831
Tax Record2025$51,888 ($4,324 / month)
Home Facts
Total Finished SqFt5,658 SqFtAbove Grade Finished SqFt5,658 SqFtLot Size5,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningBHR4YYCountyLOS ANGELESAPN4335-018-001

Schools near 9000 Burton Way

This home is within Beverly Hills Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 9 to 12
Public - 9 to 12
Private - PK to 6
Rating
School
Distance
Horace Mann Elementary School
PublicK to 5

Beverly Hills High School
Public9 to 12

Moreno High (Continuation) School
Public9 to 12

Temple Emanuel Academy Day School
PrivatePK to 6

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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nelson Shelton Real Estate Era Powered, Faye Sarafian-Erdman, DRE #01121133

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.