Property
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 24 BR |
| Bathrooms: | 32 |
| Area: | 12428 sq ft |
| Lot Size: | 0.3 Acres |
Financials
Price:$9,900,000
Listing Courtesy of Keller Williams Beverly Hills
218 S Tower Dr 24BR Beverly Grove La
Description
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.
Neighborhood
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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.