153 S Spalding Dr Beverly Hills, CA 90212
Pending
$5,399,000
7%
10 Units
14 Beds
14 Baths
12,802 Area(sq.ft.)
9,006 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 3 | 2 | 1 | No | $ 1,903 | $ 5,710 | $ 19,560 |
| Unit 2 | 4 | 2 | 2 | No | $ 2,234 | $ 8,935 | $ 29,240 |
| Unit 3 | 1 | 3 | 3 | No | $ 3,900 | $ 3,900 | $ 8,350 |
| Unit 4 | 2 | 1 | 1 | No | $ 2,175 | $ 4,350 | $ 10,550 |
| 4 | 10 | 19 | 16 | $ 22,895 | $ 65,470 | $ 205,090 |
| MLS #: | 24-397657 |
| Days On Market: | 115 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 422 |
| Price per unit: | $ 539,900 |
| Year Built: | 1940 |
Property Details
153 S Spalding Dr welcomes you to a distinguished ten-unit French Chateau style building in prestigious Beverly Hills. Each unit is generously sized and designed with a blend of classic charm and convenience. This property presents a standout investment opportunity in Beverly Hills, featuring a desirable unit mix and a prime location. Available for individual purchase or as part of a trio with two other multi-family buildings (153 S Linden Dr and 148 S Camden Dr), it offers investors significant income growth potential. Located near transformative developments such as the planned conversion of the Saks Fifth Avenue complex and The Peninsula Hotel, as well as the renowned boutiques of Rodeo Drive, 153 S Spalding Dr is strategically positioned for long-term value appreciation. Discover the allure of owning property in one of Beverly Hills' most sought-after neighborhoods, where luxury living meets exceptional investment opportunity.Interested in this Listing?
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Income Details
| Gross Operating Income: | $ 266,877 |
| Total Annual Expense: | $ 54,595 |
| Net Operating Income: | $ 212,283 |
| Gross Annual Income: | $ 266,877 |
| Gross Rent Multiplier: | 21.02 |
| Actual Gross Rent: | $ 266,878 |
Structure
| Type of Units: | Residential |
| Buildings: | 1 |
| Levels: | Two |
Land & Parking
| Zoning: | BHR4YY |
| Parking Garage: | Garage Is Attached |
Interior
| AC/Cooling: | Other |
| Equipment: | Refrigerator, Microwave, Range/Oven, Garbage Disposal |
| Heating: | Gravity, Wall, Other |
Exterior
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