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140 S Camden Drive, Beverly Hills, CA 90212

Property

140 S Camden Drive, Beverly Hills, CA 90212 Sold March 2024 CRMLS
$3,985,000Sold March 2024

Listing Agent: Eliyahu Appel (DRE #01918652) · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Jeffrey Louks · Marcus & Millichap · MLS #23334845 · Source: CRMLS

8
Bedrooms
8
Bathrooms
7,052
Sq Ft
6,372 sqft
Lot Size
1931
Year Built
Property
Type
2
Stories
WallWindowUnits
Cooling
NaturalGas
Heating

About this property

This is part of "The Six Building Trophy Portfolio" Properties can be sold individually or as a Portfolio. We are pleased to present the exclusive listing of an eight (8) unit charming, well-maintained Mediterranean Style apartment building at 140 S Camden Drive, a world-class location, steps from the renowned Golden Triangle of Beverly Hill. . The offering is enviably situated next to Rodeo Drive, a few doors south of Wilshire Blvd and just West of South Beverly Drive. The building is located only a half block north of multi-million dollar homes. Built in 1931, the South Camden Drive Apartments have been well-maintained by the same ownership for over 50 years. The building features a desirable unit mix consisting of eight (8) large 1 bed / 1 bath units. This Mediterranean style apartment building boasts large French Window Doors, gorgeous wood beamed ceilings, extra wide hallways featuring beautiful wood wainscoting, bright stucco walls & modern amenities like on-site washer / dryer. Each unit comes with its own decorative fireplace, dishwasher, kitchen, refrigerator, some with a private balcony. Tenants also will enjoy the covered parking spaces. The total size of the building is approximately 7,052 square feet and sits on a 6,370 square foot lot that is BHR4YY zoned. The offering is nestled within the heart of Beverly Hills, just south of the famed Rodeo Drive Mall and retail corridor. This is one of the most coveted neighborhoods in the County, being within the Beverly Hills School district and featuring close proximity to the Beverly Hills High School. Everything from luxury five-star hotels, designer brand shopping, and Michelin star dining options, are within a short walking distance from South Camden Drive. WalkScore of 96 out of 100 Easy access to Major Employers, Restaurants, and Lifestyle Amenities. Highly Affluent Sub-Market: Within Minutes to World Class Dining, Shopping and Entertainment. Commuters will appreciate this property's central location in Beverly Hills provides easy access to popular public transit options, like the Expo Line, and major arterial thoroughfares like Wilshire and Olympic Boulevards. The South Camden Drive Apartments provide an experienced investor a once-in-a-century opportunity to capitalize on a world-famous located asset with strong in-place cash flow with added upside.

Listing description from the March 2024 sale, as reported to CRMLS.

Sale history

$3,985,000
Sold March 2024 · listed $4,115,000, orig. $4,395,000, on market November 2023 · MLS #23334845 · Source: CRMLS
Listing Agent: Eliyahu Appel · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Jeffrey Louks · Marcus & Millichap
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