We are pleased to present the exclusive listing of a charming four-unit apartment building located at 224 S. Gale Drive in Beverly Hills, an exceptional opportunity to own in one of Los Angeles' most prestigious neighborhoods. Built in 1926 and owned by the same family for generations, this rare offering… Read More includes two separate duplexes on a 6,496 SF lot, totaling 3,447 rentable square feet. The unit mix consists of two 2-bedroom/1-bathroom units one of which is a vacant, ground-floor unit with minimal steps, ideal for an owner-user and two 1-bedroom/1-bathroom units. Priced under $2.2 million, this is a truly rare chance to own a Beverly Hills fourplex in a prime location steps from La Cienega Park, two blocks east of La Cienega Boulevard, and one block south of Wilshire Boulevard. The building features four parking spaces in the rear, a completed soft-story retrofit, window A/C units, wall heaters, refinished hardwood floors, and bright, airy living spaces with windows in every room. With one unit vacant, this is a perfect scenario to live in one unit and collect rental income from the other three. Residents enjoy unbeatable access to world-class amenities including Rodeo Drive, The Grove, The Beverly Center, and West Hollywood, as well as premier dining options like Spago, Mastro's, The Bazaar by Jos Andrs, and Nobu Beverly Hills. Cultural attractions such as the Saban Theater, Greystone Mansion, The Beverly Hills Hotel, the Getty Center, and Museum Rowhome to LACMA, La Brea Tar Pits, the Petersen Museum, and the Academy Museum are all just minutes away. With strong rental demand, timeless charm, and excellent connectivity via Santa Monica Boulevard, Wilshire, and the 405 and 10 Freeways, this is a unique investment with enduring appeal in the heart of Beverly Hills. Read Less
Property listed by Marcus & Millichap, Eliyahu Appel 818-212-2700
Listing Snapshot
Days Online
135
Last Updated
Property Type
Other
Beds
6
Square Ft.
3,447
Lot Size
0.15 Acres
Year Built
1926
MLS Number
25491455
30 Days Snapshot Of 90211
$2.31M
-53%
(avg) sold price
3
+200%
homes sold
137
+174%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1926, Building area total: 3,447, Levels: Two, Living area: 3447, 2 stories, 2 buildings
Heating
ForcedAir
Income
Gross income: $109,236, Net operating income: $6,655
Lot
0.1492 acres, 6,498 square feet, Size: 6,498
Parking
4 totals parking, Assigned
Property
Zoning: BHR475
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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