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205 S Reeves Dr 4 Unit Apartment Building $3,700,000 ($925,000/Unit) 3.65% Cap Rate Beverly Hills, CA 90212



Investment Highlights
- In-Unit & On-Site Laundry — Select units include in-unit washer/dryer, with additional on-site laundry facilities.
- Premium, Irreplaceable Unit Mix - Two 3-bedroom units, complemented by a 2+1 and 1+1.
- Private Courtyard Setting — Landscaped courtyard with seating creates a residential feel and enhances tenant experience.
- Assigned Parking — The property offers 5 parking spaces, a high-value amenity that strengthens marketability in Beverly Hills.
- Architectural Character — Spanish-style design elements, hardwood flooring, and period details differentiate the property from newer construction.
- Updated Unit Amenities — Units feature air conditioning, heating, functional kitchen appliances, select fireplaces, as well as a private courtyard.
Executive Summary
-In-Unit & On-Site Laundry — Select units include in-unit washer/dryer, with additional on-site laundry facilities providing everyday convenience and enhancing tenant retention.
-Assigned Parking — The property offers 5 parking spaces, a high-value amenity that strengthens marketability in Beverly Hills’ dense, supply-constrained environment.
-Premium, Irreplaceable Unit Mix - Two 3-bedroom units (including a rare 3+3) anchor the property, complemented by a 2+1 and 1+1—driving higher rents, longer
tenant retention, and strong demand from affluent Westside renters, further enhanced by recent upgrades and clear rent-growth upside.
-Architectural Character — Spanish-style design elements, hardwood flooring, and period details differentiate the property from newer construction and support lifestyle-driven demand.
-Private Courtyard Setting — Landscaped courtyard with seating creates a residential feel and enhances tenant experience uncommon among nearby multifamily offerings.
-Updated Unit Amenities — Units feature air conditioning, heating, functional kitchen appliances, select fireplaces, as well as a private courtyard.
-Prime Beverly Hills Location — Situated a stroll away from Urth Caffé, Chaumont Bakery & Café, Parakeet Café, and Maru Espresso Bar, 205 S Reeves Dr offers immediate access to top dining destinations including Bacari Beverly Hills, Matu, and All’Antico Vinaio. The property is also conveniently close to Whole Foods Market, Pavilions, Beverly Canon Gardens, and world-class shopping along Rodeo Drive.
-Assigned Parking — The property offers 5 parking spaces, a high-value amenity that strengthens marketability in Beverly Hills’ dense, supply-constrained environment.
-Premium, Irreplaceable Unit Mix - Two 3-bedroom units (including a rare 3+3) anchor the property, complemented by a 2+1 and 1+1—driving higher rents, longer
tenant retention, and strong demand from affluent Westside renters, further enhanced by recent upgrades and clear rent-growth upside.
-Architectural Character — Spanish-style design elements, hardwood flooring, and period details differentiate the property from newer construction and support lifestyle-driven demand.
-Private Courtyard Setting — Landscaped courtyard with seating creates a residential feel and enhances tenant experience uncommon among nearby multifamily offerings.
-Updated Unit Amenities — Units feature air conditioning, heating, functional kitchen appliances, select fireplaces, as well as a private courtyard.
-Prime Beverly Hills Location — Situated a stroll away from Urth Caffé, Chaumont Bakery & Café, Parakeet Café, and Maru Espresso Bar, 205 S Reeves Dr offers immediate access to top dining destinations including Bacari Beverly Hills, Matu, and All’Antico Vinaio. The property is also conveniently close to Whole Foods Market, Pavilions, Beverly Canon Gardens, and world-class shopping along Rodeo Drive.
Property Facts
| Price | $3,700,000 | Apartment Style | Garden |
| Price Per Unit | $925,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 3.65% | Building Size | 5,301 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1935 |
| Property Subtype | Apartment | ||
| Zoning | R4 - Bhr4yy | ||
| Price | $3,700,000 |
| Price Per Unit | $925,000 |
| Sale Type | Investment |
| Cap Rate | 3.65% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,301 SF |
| No. Stories | 2 |
| Year Built | 1935 |
| Zoning | R4 - Bhr4yy |
Amenities
Site Amenities
- Courtyard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 1 | - | - |
| 2+1 | 1 | - | - |
| 1+1 | 1 | - | - |
1 1
Walk Score®
Walker's Paradise (97)
Property Taxes
| Parcel Number | 4331-003-002 | Improvements Assessment | $1,056,006 |
| Land Assessment | $2,080,800 | Total Assessment | $3,136,806 |
Property Taxes
Parcel Number
4331-003-002
Land Assessment
$2,080,800
Improvements Assessment
$1,056,006
Total Assessment
$3,136,806
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205 S Reeves Dr
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