218 S Tower Drive, Beverly Hills, CA 90211
- $9,900,000
- 24
- BD
- 32
- BA
- 26,972
- SqFt
- List Price
- $9,900,000
- Status
- ACTIVE
- MLS#
- 26672315
- Year Built
- 1929
- Bedrooms
- 24
- Bathrooms
- 32
- Living Sq. Ft
- 26,972
- Lot Size
- 12,428
- Acres
- 0.29
- Days on Market
- 91
- Property Type
- Multifamily
- Stories
- Three Or More Levels
Property 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.
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Additional Information
- Attached Structure
- Detached
- Number Of Units Total
- 32
Listing courtesy of Listing Agent: Hamid Soroudi (hsoroudi@kw.com) from Listing Office: Keller Williams Beverly Hills.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.