Property
Listing Agent: Jake Glaser (DRE #02128816) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Jake Glaser · Lyon Stahl Investment Real Estate, Inc. · MLS #23272027 · Source: CRMLS
TO BE SOLD WITH ADJACENT PROPERTY 9916 DURANT DR... We are pleased to present a remarkable opportunity to acquire a two-property portfolio of prime multifamily real estate in the highly sought-after City of Beverly Hills. Comprising two side-by-side 4-unit buildings, 9912 & 9916 Durant Drive presents an enchanting investment opportunity in an esteemed Beverly Hills locale. Built in 1937, the charming property showcases timeless architectural design, exuding a sense of classic elegance. The two 4-plexes share a picturesque courtyard with 50% townhome-style units, offering spacious floor plans of 2+1.5, 3+2.5 and 3+3 configurations. With an average unit size of approximately 1,500 square feet, the units boast hardwood floors, faux fireplaces, and formal dining rooms. Additionally, half of the units have been tastefully renovated with central A/C and heat, and each unit features its own in-unit washer/dryer. Approximately 80% of the property has been re-piped with copper plumbing. There's also a potential to build (2) ADUs in the existing carports (Buyer to verify).Located in one of Beverly Hills' most coveted areas, 9912-18 Durant offers unparalleled convenience. Residents can easily access iconic destinations such as the The Peninsula Hotel, LACountry Club, Westfield Century City, Rodeo Drive, Beverly Hills High School and more.
Listing description from the August 2023 sale, as reported to CRMLS.