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24-Bedroom Residential Income - 218 S Tower Drive, Beverly Hills, CA

$9,900,000

218 S Tower Drive, Beverly Hills, CA

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Description

First time on the market in 26 years. Well maintained property with significant (25%) upside in rents. Priced at 12.3 x gross and 5% cap at closing; 9.8 x gross and 7% cap with rents at market. $309,375/unit and $367/bldg. S.F.

Property details

Bedrooms
24
Bathrooms
32
Square feet
26,972
Year built
1929
Property type
Residential Income
Lot size
12,428 sqft

Location

218 S Tower Drive • Beverly Hills, CA 90211

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Listed by

Hamid Soroudi · Keller Williams Beverly Hills

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