240 S Tower Dr, Beverly Hills, CA 90211
UNDER CONTRACT

240 S Tower Dr
Beverly Hills, CA 90211

La Cienega Park
  • 6 Beds
  • 5 Baths
  • 4,343 sqft
  • 6 Beds
  • 5 Baths
  • 4,343 sqft

$2,195,000

Est. Mortgage $14,010/mo*
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Local Information

map showing home location
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Commute Destination

Description

1929 Character Spanish 4-unit pride of ownership building in the city of Beverly Hills. Upstairs: 1 bed 1 bath unit that was extensively remodeled in the last 7 years ($2,700 monthly rent) and a charming 2 bed 1 bath ($2,370 monthly rent). Downstairs: cozy 1 bed 1 bath unit that has some recent updates to the kitchen ($2,550 monthly rent) and a 2 bed 2 bath+ Office unit with private patio ($2,390 monthly rent). 3 of the 4 units have their own private laundry. All units have central AC. Roof for Building and Garage replaced in 2022. Property was fumigated in 2023. Estimated annual expenses are $11,500 for water, gardener, insurance, pest, and common electrical. Owner has maintained and upgraded property over the years by installing dual paned windows in some units, painting, installing newer appliances and remodeling in some of the units. Garage has 2 tandem spaces fitting 4 cars as well as storage. Located close to Rodeo Drive, Century City, La Cienega Park & Tennis Courts, Cedars Sinai, Restaurant Row, Miracle Mile, West Hollywood, Pico-Robertson, LACMA, and the upcoming "Purple" Metro Subway Line. Incredible opportunity to own income property in the city of Beverly Hills with its award-winning schools, fire, police, and city services. The building is currently 100% tenant occupied. Access to property with accepted offer only.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$505
Listed
31 days ago

Home Details for 240 S Tower Dr

Interior Features

Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 5
Dimensions and Layout
Living Area: 4343 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Range/Oven, Microwave, WasherDishwasherDisposalDryerLaundry: Inside,In Unit,OtherMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central Air,Air ConditioningHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: NoneNo Fireplace
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 2Levels: OneFloors: Hardwood
View
Has a ViewView: Tree Top, Walk Street

Exterior Features

Exterior Home Features
Other Structures: Other
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageNo Attached GarageParking Spaces: 4Parking: Tandem,Garage Is Detached,Garage - 4+ Car

Days on Market

Days on Market: 31

Property Information

Year Built
Year Built: 1929
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Spanish

Price & Status

Price
List Price: $2,195,000Price Per Sqft: $505
Status Change & Dates
Off Market Date: Wed Apr 17 2024

Active Status

MLS Status: Active Under Contract

Location

Direction & Address
City: Beverly Hills

Agent Information

Listing Agent
Listing ID: 24-373499

Building

Building Area
Building Area: 4343 Square Feet

Lot Information

Lot Area: 6734.376 sqft

Listing Info

Special Conditions: Standard

Compensation

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

Mls Number: 24-373499Zillow Contingency Status: Under Contract
Last check for updates: about 8 hours ago
Listing courtesy of Jimmy Martinez DRE # 01252139, (323) 377-0548
Compass, (323) 593-6999
Shaun Seeram DRE # 00966519, (310) 779-3990
Sotheby's International Realty, (310) 724-7000
Source: CLAW, MLS#24-373499

Price History for 240 S Tower Dr

DatePriceEventSource
04/20/2024$2,195,000ContingentCLAW #24-373499
03/27/2024$2,195,000Listed For SaleCLAW #24-373499
02/20/2024ListingRemovedCLAW #23-334917
01/18/2024$2,399,000PriceChange
CLAW #23-334917
12/01/2023$2,499,000Listed For SaleCLAW #23-334917

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Property Taxes and Assessment

Year2023
Tax$12,864
Assessment$997,578
Home facts updated by county records

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Neighborhood Overview

La Cienega Park
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about La Cienega Park

  • Margaret A.
    "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."
    1
    Flag
  • CCBlvd
    "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. "
    7
    Flag
  • Ma90211
    "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. "
    0
    Flag
  • Amleroy
    "Great accesses to busses and new purple line train centrally located. Easy to take surface streets downtown or to the west side "
    0
    Flag
  • Amleroy
    "Easy commute via buses. Also very walkable to restaurants shopping and parks. The purple line is also going to be close by once built. "
    1
    Flag

LGBTQ Local Legal Protections

Jimmy Martinez, Compass
© 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.
240 S Tower Dr, Beverly Hills, CA 90211 is a 6 bedroom, 5 bathroom, 4,343 sqft multi-family built in 1929. 240 S Tower Dr is located in La Cienega Park, Beverly Hills. This property is currently available for sale and was listed by CLAW on Mar 27, 2024. The MLS # for this home is MLS# 24-373499.