Condominium buy in Beverly Hills California

This 8 unit building has a great unit mix of four 2 beds and four 1 beds. The end units are 2 beds/2baths and on each floor there are two interior 1 bed units. ** Long term tenants - average is 5 years! ** At the moment there are 2 vacancies (#1 and #8 which are both 2 bed units) which is great! Rent will be top of the market! ** Ample parking: 7 tandem tuck-under slots that each hold 2 cars, plus an open spot, for a total of 15 onsite parking spots. ** Been in the same family for 2 decades and greatly cared for. Extremely well maintained. Most units have air conditioning. Really nice curb appeal with mature landscaping. ** On site common laundry room with seller-owned washer and dryer. Individually metered for gas and electric. ** Located in a high demand rental area, close to UCLA & neighboring communities of Westwood, Century City & Beverly Hills. Easily accessible to 405 Freeway, public transportation, shopping and entertainment. ** Drive By Only. DO NOT DISTURB TENANTS. A related owner owns 1910 Malcolm which is the identical building on the right side. They share a driveway and the front car gate. No intent to sell 1910 at this time. ** Gated parking for security. ** Seller will consider offers that are contingent on the closing of another property. Seller will coop with buyer's 1031. ** Once both vacant units are rented the Proforma cap rate will be 4.25%; the Proforma GRM will be 14.2. MLS® ID: SB21088760 Listed: 4/27/21 Updated: 10/17/22 Interior Features Kitchen Appliances: Dryer, Washer Total Bedrooms: 0 Total Bathrooms: 0 Laundry Description: Common Area, Gas Dryer Hookup, Laundry Room, Outside Cooling: Wall/Window Unit(s) Heating: Wall Furnace Exterior/Building Features Lot Size: 6,755 ft2 lot Lot Details: Landscaped, Rectangular Lot, Sprinkler System Sewer: Public Sewer Other Property Details Area Name: C05 - Westwood - Century City HOA Amenities: Street Lights, Sidewalks Garage: No Parking: Attached Carport, Concrete, Covered, Driveway, Electric Gate, Paved, Tandem, Uncovered Parking Total: 15.0 View: N County: Los Angeles Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected Water Source: Public Pool: No Pool Description: None Total Stories: 3 Zoning: LAR3 Property History Date Event Price Value 9/7/21 Pending - - Courtesy of Engel & Volkers LA-South Bay, Nick Peters, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/17/22. 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.