9948 Robbins Drive

Beverly Hills, CA 90212

$4,195,000
Price
9
Beds
6
Baths
6,093 Sq. Ft.
$688 / Sq. Ft.
6,093
Sq. Ft.
$688
per Sq. Ft.

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...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.

Listing Agents

  1. John Swartz

    John Swartz

    Listing Agent

    Compass

    DRE #01873487

    john.swartz@compass.com

    P: (310)-779-9929

  2. Jacqueline Carroll

    Jacqueline Carroll

    Alternative Listing Agent

    Compass

    DRE #02139996

Property Details for 9948 Robbins Drive

Zoning
BHR4YY
Parcel Number
4328005005
Total Units
4.0
Living Area
6093
Source Living Area
Vendor Enhanced
Area
Beverly Hills (C01)
Vacancy Rate
0
Lot Size Area
7007
LISTING UPDATED: 11/29/2024 03:29 PM

Property Details for 9948 Robbins Drive

StatusActive
MLS #24-455833
Days on Market67
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1929
Lot Size0.16 AC / 7,007 SF
CountyLos Angeles County
Buyer's Agent Compensation2%

Building Information for 9948 Robbins Drive

Stories2Residences-Year Built1929Building Size-Lot Size0.16 AC / 7,007 SF

Property Information for 9948 Robbins Drive

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: Rent Control
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $221,595
  • Net Operating Income: $154,174.00
  • Gross Income: $219,059
  • Cap Rate: 3.68%
  • Gross Rent Multiplier: $19.15
  • Total Annual Expense: 67421
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1609
  • Lot Size Square Feet: 7007
Parking Details
Parking Details
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 5
  • Open Other Spaces Total: 1
  • Garage Spaces Total: 4
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Gas Or Electric Dryer Hookup, Dishwasher, Refrigerator
  • Room Bathroom Features: Shower in Tub
  • Bathroom Features: Shower and Tub
  • Laundry: In Unit
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-24-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $4,255.00
  • Unit Actual Rent: $8,510.00
  • Unit Projected Rent: $11,500.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $5,468.00
  • Unit Actual Rent: $5,468.00
  • Unit Projected Rent: $6,395.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,276.00
  • Unit Actual Rent: $4,276.00
  • Unit Projected Rent: $5,895.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $182,814.00
  • Assessed Improvement Percent: 29.37
  • Assessed Land Value: $439,677.00
  • Assessed Land Percent: 70.63
  • Assessed Total Value: $622,491.00

Property History for 9948 Robbins Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 9948 Robbins Drive

Taxable ValueLand$448,470Additions$186,470Total$634,940
Tax Record2024$8,145 ($679 / month)
Home Facts
Total Finished SqFt6,093 SqFtAbove Grade Finished SqFt6,093 SqFtLot Size7,004 SqFtStyleQuadraplexYear Built1929ZoningBHR4YYCountyLOS ANGELESAPN4328-005-005

Schools near 9948 Robbins Drive

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 8
Rating
School
Distance
El Rodeo Elementary School
PublicK to 5

Beverly Hills High School
Public9 to 12

Moreno High (Continuation) School
Public9 to 12

Good Shepherd Catholic School
PrivatePK to 8

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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9948 Robbins Drive is a multi-family home for sale in Beverly Hills, CA 90212. This property was listed for sale on October 24, 2024 by Compass, it's currently listed at $4,195,000. This listing's school district is Beverly Hills Unified School District. Nearby schools include El Rodeo Elementary School, Beverly Hills High School and Moreno High (Continuation) School. 9948 Robbins Drive is a 9-bed, 6-bath, 6,093 sqft multi-family home built in 1929.

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 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 Compass, John Swartz, DRE #01873487; Compass, Jacqueline Carroll, DRE #02139996

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.