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257 Almont Drive

Beverly Hills, CA 90211

$2,900,000 Sale Price
Est. Payment: $ 0/mo
8
Bed
0
Bath
4,948 Sq. Ft.
$637 / Sq. Ft.
Sold

257 Almont Drive

Beverly Hills, CA 90211

Sold
$2,900,000 Sale Price
$0/mo
8
Bed
0
Bath
4,948
Sq. Ft.
We are pleased to present the exclusive listing of 257, 259, 261 and 263 N Almont Drive, a charming, well-maintained 4-unit apartment home. Built in 1935 and held by the same ownership for over 5 decades, this property marries historic Spanish-style architecture with contemporary upgrades, including Central Air Conditioning and Heat. The unit mix offers two townhomes one featuring 3 bedrooms (one of which is an infant nook) and the 2 other bedrooms both with 1 full bathroom, plus an additional half bathroom. Additionally, two 2-bedroom ats provide further exibility in leasing options. Many units are equipped with in-unit washer-dryer facilities, enhancing tenant satisfaction. From an investor's perspective, the property ensures tenant retention and demand through meaningful upgrades and secure covered parking spaces, totaling four in number. Ideally located in the unique quiet neighborhood pocket of the southwest corner of Dayton Way and Almont Dr 2 blocks East Doheny and 4 blocks west of Robertson, 2 blocks north of Wilshire Boulevard, and 1 block south of Burton Way. The property's proximity to renowned attractions such as Rodeo Drive, Beverly Gardens Park, Greystone Mansion and Park, and the Wallis Annenberg Center for the Performing Arts enhances its appeal to existing and potential tenants, ensuring a competitive edge in the rental market. Furthermore, the area is surrounded by world-class dining options, offering investors an added advantage in attracting high-quality tenants. Notable restaurants nearby include Spago, Mastro's Steakhouse, Il Pastaio, The Ivy, and Nobu Beverly Hills. In summary, this exclusive investment opportunity at 257-263 N Almont Drive, BH combines a prime location, versatile unit mix, access to Beverly Hills' elite demographics, and superior existing tenants and property manager, make this rare treasure an enticing offering in one of the most prestigious neighborhoods in Beverly Hills. Buyer to verify information independently and with listing broker
PROPERTY INFORMATION
MLS # 23315153 Lot Size 5,733 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 3,150,000
Price Per SqFt: $ 637
DOM 587 Days
Address 257 Almont Drive Type Residential Income
City Beverly Hills Sq.Ft. 4,948 Sq. Ft.
Postal Code 90211 Garage N/A
County Los Angeles Year Built 1935
Bed / Bath 8 / 0 Parking 4
Built In 1935 Status Closed
Sold Date 2023-10-20
INTERIOR FEATURES
Has Heating Yes
Heating Information Central
Has Cooling Yes
Cooling Information Central Air
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $3,360
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
10/20/2023 Sold $2,900,000
09/26/2023 Sold $3,150,000
Topfind Realty

Topfind Realty

REALTOR®

(844)-333-8033

Questions? Contact today.

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Listing provided courtesy of Eliyahu Appel, Marcus & Millichap. 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.
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