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132 S BEDFORD Drive, Beverly Hills, CA 90212

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132 S BEDFORD Drive
Beverly Hills, CA 90212

For Sale: $9,995,000

Property Type: Commercial Apartments
MLS#: 18410580

  • Building Size: 11632 SF
  • Lot Size: 7649 SF
  • Number of Units: 16
  • Number of Stories: 2
  • Year Built: 1930
  • Days on market: 10
  • Net Operating Income: $219,227
  • Gross Scheduled Income: $364,290
  • Rent Control: No
  • GRM: 27.43
  • Contact Listing Agent Direct:
  • Michael Libow, Coldwell Banker Residential Br


Property Description

PLEASE DO NOT DISTURB OCCUPANTS! CLASSIC 2STY MONTEREY SPANISH 16-UNIT BUILDING WITH RARE 18 SPACE GATED SUBTERRANEAN GARAGE! LOCATED IN THE MOST DESIRABLE SECTION OF BEVERLY HILLS DIRECTLY ADJACENT TO ITS WORLD-RENOWNED 'GOLDEN TRIANGLE' BUSINESS DISTRICT. UPSIDE POTENTIAL GALORE IN THIS TROPHY PROPERTY INCLUDES THE CAPABILITY OF CONVERTING THE BUILDING TO AN 8-UNIT CONDOMINIUM PROJECT WHILE MAINTAINING ITS ELEGANT ARCHITECTURAL DETAILS. THE STRUCTURE IS CURRENTLY COMPRISED OF 16 SUNLIT APARTMENTS WITH SUPER HIGH CEILINGS AND NUMEROUS UPGRADES. CERTAIN UNITS HAVE PRIVATE WASHER/DRYER FACILITIES. RENTS LISTED ABOVE ARE A SAMPLING OF CURRENT RENT ROLLS FOR THE ENTIRE BUILDING WHICH ARE ATTACHED UNDER "DOCS" ABOVE. SEE PRIVATE/AGENT REMARKS FOR IMPORTANT DETAILS ABOUT THE POSSIBILITY OF CONVERSION.


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132 S BEDFORD Drive, Beverly Hills, CA 90212

Based on information from California Regional Multiple Listing Service, Inc. as of December 11, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by: Michael Libow, Coldwell Banker Residential Br

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