Beverly Hills, CA 90212,141 S Canon Drive
Beverly Hills, CA 90212,141 S Canon Drive
Beverly Hills, CA 90212,141 S Canon Drive
17
$2,855,000
$3,550,000
19.6%
Est.Price: ?

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5,468 SqFt

141 S Canon Drive Beverly Hills, CA 90212

Est. payment /mo
SOLD DATE : 08/30/2024

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Key Details

Sold Price $2,855,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 5,468 sqft

Price per Sqft $522

MLS Listing ID CRSR24091815

Sold Date 08/30/24

HOA Y/N No

Year Built 1938

Lot Size 6,072 Sqft

Acres 0.14

Property Description

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 G

Location

State CA

County Los Angeles

Area Listing

Zoning BHR4

Interior

Fireplace No

Laundry No Hookups

Exterior

Utilities Available Other Water/Sewer

Parking Type Other

Building

Lot Description Other

Water Public, Other

New Construction No

Others

Tax ID 4331001008

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Bridge MLS
Listed by Vincent Norris • Vincent B Norris, Inc.
Bought with GeneralNonmember

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