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141 S Canon Dr
Beverly Hills, CA 90212
Multifamily Property For Sale
·
6 Units
Investment Highlights
- The Opportunity:141 South Canon Drive is a 6-unit value-add opportunity located in Beverly Hills.
- Long Term Ownership: being offered for sale on the open market for the first time in 40+ years.
- Property is located just south of Wilshire Boulevard and walking distance to the famed South Beverly Drive.
- Immediate Value-Add Opportunity: With 3-vacant units at the close of escrow, value-add strategies can commence immediately upon the close.
- Ownership completed a full copper re-pipe and a new roof allowing the subsequent buyer to focus mainly on income generating enhancements.
- Centrally located within a 30-minute radius to 225 million square feet of office space and prominent employers across a wide variety of industries.
Property Facts
| No. Units | 6 | Building Size | 5,734 SF |
| Property Type | Multifamily | Average Occupancy | 50% |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | C | Year Built | 1938 |
| Lot Size | 0.14 AC | Parking Ratio | 1.05/1,000 SF |
| Zoning | BHR4* - Multiple Dwelling Zone | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,734 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1938 |
| Parking Ratio | 1.05/1,000 SF |
| Zoning | BHR4* - Multiple Dwelling Zone |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 800 |
Property Taxes
| Parcel Number | 4331-001-008 | Improvements Assessment | $355,000 |
| Land Assessment | $2,500,000 | Total Assessment | $2,855,000 |
Property Taxes
Parcel Number
4331-001-008
Land Assessment
$2,500,000
Improvements Assessment
$355,000
Total Assessment
$2,855,000
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