215 Swall DrBeverly Hills, CA 90211
- Residential income properties
- 5,226 SF
Property Details for 215 Swall Dr
- Year built
- 1937
- Lot size
- 0.13 AC
- Property size (Sq ft)
- 5,226 SF
- Zone code
- BHR4YY
- Property type
- Residential income properties
- Property subtype
- Other apartment buildings
- APN
- 4335-021-008
- APU
- 4335021008
Description
This exceptional Class A, multifamily investment property, located at 215 N Swall Dr, Beverly Hills, CA 90211, presents a rare opportunity. The property consists of two three-story buildings totaling 5,226 square feet on a 5,744 square foot lot (APN 4335-021-008). Built in 1937, this 5-unit apartment building features five bright, one-bedroom, one-bathroom units, each with hardwood floors, original moldings, and private laundry. Each unit also includes one covered garage space located at the rear of the property, with one unit situated above a garage. The property boasts a desirable Beverly Hills location, within walking distance of upscale shopping, dining, and medical facilities, ensuring a consistently high demand for rental units. The current asking price is $3,000,000, with a 2.00% cap rate. The property is zoned BHR4YY, offering potential for future development. This presents a strong investment opportunity with significant upside potential in rental income, ideal for an owner-user or investor seeking a prime Beverly Hills location. All information should be independently verified by the buyer.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,877,584
- 6.5%
- $1,733,154
- 7%
- $1,609,358
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,540,353
- Geo Method
- $1,540,353
-
Alternative Use
- Use
- Valuation
- Residential
- $1,733,154
- Hospitality
- $1,587,560
- Educational
- $1,320,831
- Medical
- $1,366,257
- Retail
- $2,054,626
Location Insight
- City
- Beverly Hills
- County
- Los Angeles
- State
- California
- Latitude
- 34.0697
- Longitude
- -118.386
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].