Beverly Hills, CA 90212,425 Shirley PL
Beverly Hills, CA 90212,425 Shirley PL
Beverly Hills, CA 90212,425 Shirley PL
Beverly Hills, CA 90212,425 Shirley PL
Beverly Hills, CA 90212,425 Shirley PL
Beverly Hills, CA 90212,425 Shirley PL
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$ 3,480,000
Est. payment | /mo

10 Beds

8 Baths

5,999 SqFt


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$ 3,480,000
Est. payment | /mo
Save

10 Beds

8 Baths

5,999 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,999 sqft

Price per Sqft $580

MLS Listing ID 23334857

Bedrooms 10

HOA Y/N No

Year Built 1939

Lot Size 6,878 Sqft

Property Description

This is part of "The Six Building Trophy Portfolio" Properties can be sold individually or as a Portfolio. We are pleased to present the exclusive listing of a nine (9) unit apartment building, currently operating as six (6) units, located at 425-427 Shirley Place in Beverly Hills, California. The offering is situated in the world-renown Beverly Hills neighborhood, just South of Olympic Boulevard and East of Century Park East. Built in 1939, the Shirley Place Apartments have been well-maintained by the same ownership for over 50 years. This property's architectural significance shines through the series of elegant white pillars at its front doorstep. This New Orleans style apartment building exudes period specific charm such as huge French doors opening to a spacious Southern style private porch overlooking lush landscaping. The building features a very strong unit mix consisting of four (4) 1 bed / 1 bath units, two (2) 3 bed / 2 bath with dining room units, and three (3) studio ADUs. The studio ADUs average approximately 350 square feet each. Previously single apartments, they currently are gutted, with permits and blueprints in place ready for them to be renovated and brought back to market. The total size of the building is approximately 6,877 square feet and sits on a 5,999 square foot lot that is BHR4YY zoned.The offering is nestled within the heart of Beverly Hills, between Beverly Hills High School, Roxbury Park, and the Century City Mall. The Shirley Place apartments reside on the same block as many multi-million dollar, Beverly Hills homes. This is one of the most coveted neighborhoods in the County, being within the Beverly Hills School district as it is in close proximity to the Beverly Hills High School. Everything from luxury five-star hotels, designer brand shopping, and Michelin star dining options, are within a short walking distance from Shirley Place. Commuters will appreciate this property's central location in Beverly Hills provides easy access to popular public transit options, like the Expo Line, and major arterial thoroughfares like the 10 and 405 freeways. The Shirley Play Apartments provide an experienced investor a once-in-a-century opportunity to capitalize on an A+++ location with extreme value add potential.

Location

State CA

County Los Angeles

Area C01 - Beverly Hills

Zoning BHR4YY

Interior

Heating Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Garage Covered

Parking Type Covered

Total Parking Spaces 6

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Schools

School District Beverly Hills Unified

Others

Senior Community No

Tax ID 4330001010

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Eliyahu Appel • Marcus & Millichap
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260 Bakerstreet East Suite #200, Costa Mesa, California, 92626, USA

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425 Shirley PL