Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

32

Building size

26,972 sqft

Lot size

12,428 sqft

Year built

1929

Stories

4

Status

Active

Days on market

118

MLS #

242895694

About this property

First time on the market in 26 years. Well maintained property with significant (25%) upside in rents. Priced at 12.3 x gross and 5% cap at closing; 9.8 x gross and 7% cap with rents at market. $309,375/unit and $367/bldg. S.F.

Location

218 S Tower Drive

Beverly Hills, Los Angeles, CA, 90211