Beautifully restored Spanish income property ideally located adjacent to Beverly Hills. This stunning investment opportunity blends timeless architecture with extensive capital improvements, offering both exceptional curb appeal and peace of mind for future ownership. The property showcases a beautifully painted exterior, classic Spanish arches, and an inviting landscaped courtyard that… Read More creates a warm and elegant first impression. Multiple units have been thoughtfully remodeled with updated kitchens, bathrooms, flooring, paint, lighting, and modern finishes while maintaining the property's original character.Beyond the cosmetic renovations, ownership has made substantial investments in the building's infrastructure, including significant plumbing improvements with repiping, gas line upgrades, electrical improvements, sewer line repairs and cleanouts, seismic safety enhancements, and numerous building system upgrades. These major capital improvements significantly reduce future maintenance concerns while enhancing the long term value of the asset.With strong in place income, additional garage rental income, and an irreplaceable location adjacent to Beverly Hills, Cardiff presents an outstanding opportunity to acquire a beautifully maintained Spanish apartment building with meaningful long term upside. Read Less
Property listed by Douglas Elliman, Ivan Estrada 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Beds
6
Square Ft.
4,571
Lot Size
0.14 Acres
Year Built
1931
MLS Number
26847677
Additional Details
Appliances & Equipment
Oven, Range
Building
Built in 1931, Living area: 4571.0, 1 building, Building faces East, 2 stories, Levels: One
Community
Gated
Fireplaces
Bath, DiningRoom, FamilyRoom, Kitchen, LivingRoom
Floors
Laminate, Wood
Heating
Radiant
Income
Gross Income: $1,280, Net Operating Income: $122,592
Laundry
Inside, Stacked
Lot
0.1401 acres, Yard
Parking
5 total parking spaces, Assigned
Property
UpdatedRemodeled
Security Features
GatedCommunity
Taxes
Parcel Number: 4332002032, Zoning: LAR3
Tenant Pays
Electricity, Gas
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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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