FOR SALE
159 N Arnaz Dr
Beverly Hills, CA 90211
La Cienega Park
6 Beds
4 Baths
4,089 sqft
- 6 Beds
- 4 Baths
- 4,089 sqft
6 Beds
4 Baths
4,089 sqft
Local Information
© Google
-- mins to
Commute Destination
Description
Price Adjustment $50,000. We are pleased to present the exclusive listing of 159 North Arnaz Drive. Built in 1933, a beautiful well-maintained duplex located in prime Beverly Hills. Comprised of two spacious three-bedroom, two-bathroom units, with a total 4,089 rentable square feet sitting on a 6,489 square foot lot. The property boasts beautiful period charm with archways, crown moldings and the original aqua & black Art Deco tile in the primary bathrooms, enhancing its aesthetic appeal and attracting tenants who appreciate classic architecture. These architectural details add a touch of elegance and sophistication to the property, distinguishing it from modern constructions and potentially commanding higher rental rates. The front of the property has beautiful xeriscaping providing minimal maintenance and significantly lower utility expenses. Featuring replaces, modern kitchen amenities and in unit laundry facilities provide convenience and added value for tenants. Beautiful hardwood floors add warmth and character to the units while also offering durability and easy maintenance Each unit comes with 2-car garage parking, one of which has a new garage door opener, adding secure and convenient parking options for tenants. The upper unit front and back stairs have been renovated as well as plumbing in the guest bathrooms for each unit. The upper unit has a den above the driveway. From a financial perspective, this property offers a compelling proposition. The property's spacious three-bedroom units, period charm, and modern amenities make it highly desirable among renters, commanding premium rental rates or a wonderful opportunity for an owner/user. With strong demand for premium rental properties in Beverly Hills, investors can expect a steady stream of rental income. Beverly Hills is known for its high demand for quality housing, reducing the risk of vacancies and ensuring a steady income stream for investors. In addition to the appealing features, there are opportunities for value-add initiatives such as cosmetic upgrades, landscaping improvements, and adding amenities to further enhance the property's value and rental income potential. Located on Arnaz Dr, a street with a historic designation in the unique quiet neighborhood off Clifton Way 1 block east of Robertson Boulevard, 1 block north of Wilshire Boulevard. in the unique quiet neighborhood off Clifton Way 1 block east of Robertson Boulevard, 1 block north of Wilshire Boulevard. The property's proximity to renowned attractions such as Rodeo Drive, Beverly Gardens Park, Greystone Mansion and Park, and the Wallis Annenberg Center for the Performing Arts enhances its appeal to existing and potential tenants, ensuring a competitive edge in the rental market. Furthermore, the area is surrounded by world-class dining options, offering investors an added advantage in attracting high-quality tenants. Notable restaurants nearby include Spago, Mastro's Steakhouse, Il Pastaio, The Ivy, and Nobu Beverly Hills. Buyer to verify information independently and with listing broker.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Cooling only
HOA
None
Price/Sqft
$647
Listed
27 days ago
Home Details for 159 N Arnaz Dr
Interior Features |
|---|
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 4089 Square Feet |
Heating & Cooling Heating: NoneHas CoolingAir Conditioning: Air ConditioningNo Heating |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
Exterior Features |
|---|
Exterior Home Features Other Structures: None |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 4Parking: Driveway,Covered |
Days on Market |
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Days on Market: 27 |
Property Information |
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Year Built Year Built: 1933 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Price & Status |
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Price List Price: $2,645,000Price Per Sqft: $647 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Beverly Hills |
Agent Information |
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Listing Agent Listing ID: 24-375109 |
Building |
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Building Area Building Area: 4089 Square Feet |
Lot Information |
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Lot Area: 6490.44 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: 24-375109 |
Last check for updates: about 22 hours ago
Listing courtesy of Eliyahu Appel DRE # 01918652, (818) 390-4181
Marcus & Millichap, (818) 212-2700
Source: CLAW, MLS#24-375109
Price History for 159 N Arnaz Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 04/18/2024 | $2,645,000 | PriceChange | CLAW #24-375109 |
| 04/02/2024 | $2,695,000 | Listed For Sale | CLAW #24-375109 |
| 11/01/2022 | ListingRemoved | CLAW #22-184143 | |
| 08/01/2022 | $2,995,000 | Listed For Sale | CLAW #22-184143 |
| 07/18/2022 | ListingRemoved | CLAW #22-157269 | |
| 05/16/2022 | $3,195,000 | Listed For Sale | CLAW #22-157269 |
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New Listings near 159 N Arnaz Dr
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- 0.31 ACRESIvan Estrada DRE # 01882046, Douglas Elliman
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- 1.12 ACRESCaroline Fleck DRE # 01850225, Coldwell Banker Realty
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $40,306 |
| Assessment | $3,321,120 |
Home facts updated by county records
Comparable Sales for 159 N Arnaz Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.11 | Multi-Family Home | $2,852,000 | 03/19/24 | 6 | 4 | 4,396 | |
0.22 | Multi-Family Home | $2,205,000 | 02/09/24 | 4 | 4 | 4,022 | |
0.14 | Multi-Family Home | $2,600,000 | 10/20/23 | 8 | 6 | 5,293 | |
0.09 | Multi-Family Home | $2,865,000 | 10/03/23 | 8 | 8 | 5,840 | |
0.09 | Multi-Family Home | $2,855,000 | 08/18/23 | 8 | 8 | 5,834 | |
0.32 | Multi-Family Home | $2,900,000 | 10/20/23 | 8 | 6 | 4,948 | |
0.48 | Multi-Family Home | $2,636,000 | 10/24/23 | 6 | 6 | 4,488 | |
0.68 | Multi-Family Home | $1,753,750 | 01/19/24 | 6 | 4 | 3,934 | |
0.58 | Multi-Family Home | $2,512,500 | 02/06/24 | 8 | 4 | 4,619 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about La Cienega Park
- Margaret A.
- Resident
- 3y ago
"I’m new here - still learning about the area. So far, it’s quiet. Neighbors are friendly. There is a good mix of young and old, families and single people. Lots of nice dogs and dog owners."
- CCBlvd
- Resident
- 4y ago
"There is a strong sense of community. You can always see a neighbor outside and will say hello. Sometimes they can be very helpful, too. There’s always some kind of noise late in the night and construction seems to start sooner than allowed. "
- Ma90211
- Resident
- 4y ago
"I have lived in this nieghbourhood for over 20 years and love it! it is close to shops, close to transportation and close to hospitals. "
- Amleroy
- Resident
- 5y ago
"Great accesses to busses and new purple line train centrally located. Easy to take surface streets downtown or to the west side "
- Amleroy
- Resident
- 5y ago
"Easy commute via buses. Also very walkable to restaurants shopping and parks. The purple line is also going to be close by once built. "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Eliyahu Appel, Marcus & Millichap
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
159 N Arnaz Dr, Beverly Hills, CA 90211 is a 6 bedroom, 4 bathroom, 4,089 sqft multi-family built in 1933. 159 N Arnaz Dr is located in La Cienega Park, Beverly Hills. This property is currently available for sale and was listed by CLAW on Apr 2, 2024. The MLS # for this home is MLS# 24-375109.