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141 Canon Drive
Beverly Hills, CA 90212
Sold
Constructed in 1938, the property sits on a 6,070 square foot parcel and consists of a two-story building with a detached carport offering six covered parking spots. The unit mix comprises (6) six large one-bedroom, one-bathroom units, each measuring approximately 800 square feet. Available for purchase on the open market for the first time in more than four decades, 141 South Canon Drive has been meticulously cared for by its current owners. They have made significant capital improvements over the years, such as a new roof and completely replacing the plumbing with copper pipes. By taking advantage of the premium rental rates typically associated with character-style buildings in Beverly Hills, this presents a rare opportunity to start benefiting from increased returns right from day one. This property is located in a highly sought-after rental submarket that is in need of renovated units, making it an exceptional investment opportunity. Nestled in an enclave of luxury, 141 South Canon Drive enjoys a prime location just south of Wilshire Boulevard in Beverly Hills and one block away from the famed South Beverly Drive, providing residents with access to an array of upscale boutiques, fine dining establishments, and cultural attractions within walking distance of the prestigious Golden Triangle shopping district. Its strategic positioning near major employment hubs such as the Wilshire Corridor and Century City offers professionals convenient access to diverse job opportunities in finance, law, entertainment, and technology, making it an enticing destination for those seeking a vibrant urban lifestyle coupled with proximity to their workplace.
PROPERTY INFORMATION
| MLS # | SR24091815 | Lot Size | 6,072 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Apartment |
| Price | $ 3,550,000
Price Per SqFt: $ 649 |
DOM | 417 Days |
| Address | 141 Canon Drive | Type | Residential Income |
| City | Beverly Hills | Sq.Ft. | 5,468 Sq. Ft. |
| Postal Code | 90212 | Garage | 6 |
| County | Los Angeles | Year Built | 1938 |
| Bed / Bath | 1 / 0 | Parking | 6 |
| Built In | 1938 | Status | Closed |
| Sold Date | 2024-08-30 |
INTERIOR FEATURES
| Has Laundry | No |
| Laundry Information | None |
| EntryLocation | Walk Up |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $3,787
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/30/2024 | Sold | $2,855,000 |
| 08/06/2024 | Active Under Contract | $3,550,000 |
| 06/27/2024 | Relisted | $3,550,000 |
| 06/20/2024 | Active Under Contract | $3,550,000 |
| 05/07/2024 | Listed | $3,550,000 |
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Listing provided courtesy of Vincent Norris, Vincent B Norris, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
