350 S McCarty Dr
Beverly Hills, CA 90212
Contact For Estimate

350 S McCarty Dr
Beverly Hills, CA 90212

  • 12 baths
  • 6,948 sqft
  • 8,400 sqft lot size
  • Multi-Family
Off Market · Public Record
Contact For Estimate
350 S McCarty Dr
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  • 1 Elementary School

    1 Middle School

    1 High School

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  • Lowest crime relative to the rest of Los Angeles county.

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  • 87% of residents commute by car.

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  • 279 Restaurants

    15 Grocery stores

    59 Nightlife

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Off Market · Public Record

Home Details

Overview
  • Multi-Family
  • 12 Baths
  • Built in 1955
  • 8,400 sqft lot size
  • 6,948 sqft
Description

This property is no longer available to rent or buy. This description is from November 08, 2012
Rare opportunity to acquire a 100% vacant, rehab-ready project located in the City of Beverly Hills. Unique mid-century modern architecture with lots of open and outdoor space. Large private terraces. Once rehabbed, this will be one of the premier multifamily buildings in Beverly Hills. This is a great opportunity to renovate a trophy asset. Plans approved and permits ready.Rents are projected rents after total renovation. GRM and Cap Rate based on acquisition cost and renovation costs. Property has all approved plans from City of Beverly Hills. Full investment memorandum available, contact listing agent. Property Highlights:*Unit Mix: 8 Units - Four (4) 2 Bedroom/ 2 Bath   Four (4) 1 Bedroom/ 1 Bath*8 Covered Parking Places*1 Mile Average Household Incomes: Over $108,000*1955 Construction, Rare Modern Architecture*Zoning: BHR4*Adjacent to Roxbury Park and Century City

Price History
Date
Price
Event

06/20/2013
$2,700,027
Sold
Recording Date
06/20/2013
Contract Date
06/03/2013
Sale Price
$2,700,027
Price Type
Full amount stated on Document.
County Transfer Tax
N/A
Total Transfer Tax
N/A
Transaction Type
Insured Non-Residential Grant Deed
Document Type
N/A

Property Taxes and Assessment
Year
2017
Tax
$33,877.70
Assessments
$2,864,807
Land
$1,936,398
Improvements
$928,409
Total
$2,864,807
Market Value
N/A

Affordability
Additional Costs

Price Trends
Real Estate Trends
Average Listing Price for 90212
$2,479,692
Median Sale Price for 90212
$2,235,000
Average Sale price/sqft for 90212
$1,003/sqft
Comparables and Estimates
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
2.52
Multi-Family
$1,753,000
11/15/17
6
5
4,853
3.75
Multi-Family
$1,836,000
11/22/17
8
8
4,948
3.43
Multi-Family
$1,450,000
11/28/17
4
4
4,500
2
Multi-Family
$2,875,000
11/28/17
16
8
7,476
8.12
Multi-Family
$1,385,000
11/15/17
10
8
4,482
2.86
Multi-Family
$658,000
11/30/17
4
2
2,176
4.35
Multi-Family
$1,345,000
12/01/17
8
4
3,890
4.57
Multi-Family
-
-
2
2
1,470
3.52
Multi-Family
$1,110,000
11/21/17
4
2
2,374
3.31
Multi-Family
$665,000
11/22/17
8
4
2,378

Contact Info


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