432 Smithwood DR Beverly Hills, CA 90212
Active
$4,390,000
2 Units
6 Beds
6 Baths
5,054 Area(sq.ft.)
6,599 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 1 | 1 | 3 | 2.50 | No | $ 8,000 | n/a | $ 8,500 |
Unit 2 | 1 | 3 | 2.50 | No | $ 8,000 | $ 7,500 | $ 8,500 |
2 | 2 | 6 | 6 | $ 16,000 | $ 7,500 | $ 17,000 |
MLS #: | 25-481157 |
Days On Market: | 8 |
County: | Los Angeles |
Property Type: | Residential Income |
Price per ft2: | $ 869 |
Price per unit: | $ 2,195,000 |
Year Built: | 1931 |
Property Details
Remodeled and updated beautiful Beverly Hills Mediterranean property with pride of ownership. One unit is vacant and ready to owner-occupy. Gated private entry leads to each unit which feels like a home. Both units have 3 bedrooms and 2.5 baths of approximately 2,500 SF - on their own levels with no shared walls. The residences have been completely customized with large gourmet kitchens and Wolf gas range ovens and high-end appliances. Both dining rooms and very large living rooms are meant for entertaining. Beautiful hardwood floors throughout and must-see finishes. Primary suites have walk-in closets and double vanity baths with separate tubs and showers. Washers & Dryers in each unit, pantries, and 2 separate two-car garages. The property is zoned R-4. Opportunities may exist for building additional units above the garage area. Perfectly located - near shopping, the finest dining, grocery store, Rodeo Drive, houses of worship, and transportation.Interested in this Listing?
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Income Details
Vacancy Rate: | 50% |
Gross Operating Income: | $ 192,000 |
Total Annual Expense: | $ 65,875 |
Net Operating Income: | $ 139,259 |
Gross Annual Income: | $ 192,000 |
Cap Rate: | 3.2% |
Gross Rent Multiplier: | 22.86 |
Actual Gross Rent: | $ 192,000 |
Structure
Type of Units: | Duplex |
Buildings: | 1 |
Levels: | Two |
Security Features: | Gated |
Style: | Mediterranean |
Water: | Meter on Property |
Land & Parking
Zoning: | BHR4* |
Parking Garage: | Garage - 4+ Car, Detached, Door Opener |
Interior
Cooking Appliances: | Microwave, Range, Gas, Range Hood |
AC/Cooling: | Central |
Equipment: | Built-Ins, Cable, Ceiling Fan, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, Microwave, Vented Exhaust Fan, Alarm System |
Heating: | Central |
Fireplace Rooms: | Living Room |
Interior Features: | Beamed Ceiling(s), Built-Ins, Turnkey |
Kitchen Features: | Gourmet Kitchen, Stone Counters, Remodeled |
Laundry: | Room, In Unit |
Exterior
Roof: | Flat, Spanish Tile |
Detailed Map
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