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9000 Burton Way

Beverly Hills, CA 90211
  • $3,950,000
  • STATUS: Active
  • ON SITE: 50 Days
  • ID#: 21107971
UPDATED: 41 min ago
$3,950,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Listing Agent(s): Faye Sarafian-Erdman of Nelson Shelton Real Estate Era Powered (310-271-2229)


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 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-19T20:28:49.923. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EGA Homes. Licensed in the State of California, USA.
www.egahomes.com/homes/123598946
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9000 Burton Way Beverly Hills, CA 90211

  • Price: $3,950,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 41 min ago
  • ID#: 21107971
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1940
Built
Neighborhood:
C01 - Beverly Hills
County:
Los Angeles
Area:
C01 - Beverly Hills
Property 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 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.
Exterior Features

Parking Features CoveredGarageGarage Door Opener Parking Total 6 View YN Yes

Interior Features

Appliances DisposalRefrigerator Flooring Wood Heating Central Heating YN Yes

Property Features

Association Fee 0 Electric Expense 3000 Garage YN Yes Gross Income 196200 Insurance Expense 4380 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 132350 New Construction YN No New Taxes Expense 47400 Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Water Sewer Expense 7000 Zoning Bhr4yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-19T20:28:49.923. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EGA Homes. Licensed in the State of California, USA.
 
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Riverside CA, 92504
Listing Agent(s): Faye Sarafian-Erdman of Nelson Shelton Real Estate Era Powered (310-271-2229)