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    260 S Spalding Dr

    Beverly Hills, CA 90212
    • $4,200,000
    • STATUS: Active Under Contract
    • ON SITE: 12 days
    • ID#: 21-737960
    Under Contract
    UPDATED: 55 min ago
    $4,200,000
    • 9
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,269
      SQFT
    • $670
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1936
    County:

    School Ratings & Info

    Description

    Spalding Manor is a tranquil 4-unit courtyard building on Spalding Drive in prime Beverly Hills. Oak gates with keypad entry secure the perimeter of the property offering additional privacy for its residents. Unit mix is 2 townhouse-style 3 bed 2.5 bath units, 1 townhouse-style 2 bed 1.75 bath unit, and a separate townhouse-style 1 bed 2 bath penthouse unit with no shared walls and its own large private rooftop balcony. Garage parking for 4 vehicles plus an additional uncovered parking space. A fantastic opportunity for commercial investors as well as for those who may wish to owner-occupy, as unit 262 will be delivered vacant (3 bed + 2.5 bath + formal dining room + bonus room/office with separate entry.) Great upside potential in one of the most coveted multi-family markets in the nation! Current tenants are reliable, quiet, and considerate. The asset is a stones throw from The Peninsula Hotel, Rodeo Drive, restaurants, shopping, great schools, and the downtown Beverly Hills lifestyle valued by residents and visitors alike. Half a block to Beverly Hills High School and Roxbury Park and less than a mile from Century City and the Westfield Mall. The Purple Line Extension Metro Stop, to be completed by 2025, is just a few blocks away, providing light rail commuters the ease of one-stop rides between Downtown Los Angeles and Westwood

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-14T18:42:56.83. 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.
    www.sellbuyla.com/homes/117760375
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    260 S Spalding Dr Beverly Hills, CA 90212

    • Price: $4,200,000
    • Status: Active Under Contract
    • Updated: 55 min ago
    • ID#: 21-737960
    9
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    6,269
    SQFT
    $670
    $/SQFT
    1936
    Built
    Neighborhood:
    Beverly Hills
    County:
    Los Angeles
    Area:
    Beverly Hills
    Property Description
    Spalding Manor is a tranquil 4-unit courtyard building on Spalding Drive in prime Beverly Hills. Oak gates with keypad entry secure the perimeter of the property offering additional privacy for its residents. Unit mix is 2 townhouse-style 3 bed 2.5 bath units, 1 townhouse-style 2 bed 1.75 bath unit, and a separate townhouse-style 1 bed 2 bath penthouse unit with no shared walls and its own large private rooftop balcony. Garage parking for 4 vehicles plus an additional uncovered parking space. A fantastic opportunity for commercial investors as well as for those who may wish to owner-occupy, as unit 262 will be delivered vacant (3 bed + 2.5 bath + formal dining room + bonus room/office with separate entry.) Great upside potential in one of the most coveted multi-family markets in the nation! Current tenants are reliable, quiet, and considerate. The asset is a stones throw from The Peninsula Hotel, Rodeo Drive, restaurants, shopping, great schools, and the downtown Beverly Hills lifestyle valued by residents and visitors alike. Half a block to Beverly Hills High School and Roxbury Park and less than a mile from Century City and the Westfield Mall. The Purple Line Extension Metro Stop, to be completed by 2025, is just a few blocks away, providing light rail commuters the ease of one-stop rides between Downtown Los Angeles and Westwood
    Exterior Features

    Direction Faces West Entry Location Ground Level W/Steps Exterior Construction StuccoWood Siding Lot Size Area 6125 Other Structures None Parking Garage DetachedGarage - 4+ Car Patio Features Roof Top DeckPorchBrick Paved YN Yes Pool Description None Pool YN No Roof Composition Spa None Spa YN No Sprinklers Sprinkler TimerSideRearFrontDrip SystemSprinkler System Style Traditional Tennis Court None Tennis YN No Total Parking 5 View Description Tree TopCity Lights View YN Yes Water Frontage None

    Interior Features

    Bathroom Features Shower And TubShower Over TubPowder RoomLow Flow Toilet(S)Linen ClosetShower StallLow Flow Shower(S)Tile Baths Total 10.00 Bedroom Features All Bedrooms UpMaster BedroomWalkincloset Common Walls Attached Cooking Appliances RangeGasMicrowave Cooling Window Unit(S) Den No Dining Room Yes Equipment CableDishwasherDryerWasherRefrigeratorRange/Oven Family Room No Fireplace Rooms Wood Burning Flooring HardwoodLaminateLinoleum Foundation Details Combination Heating Gravity Interior Features Crown Moldings Kitchen Features Tile Counters Laundry In Unit Rooms Bonus RoomJack And JillMaster BedroomStudy/OfficeDining RoomWalk-In Closet Water Heater Features Gas

    Property Features

    ADACompliance No Alley YN Yes Assessed Total Value 3539400 Disability Access None Gross Income 181716 Gross Operating Income 181716 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 123016.00 Number Of Buildings 2 Number Of Units 4 Owner Pays WaterGardener Rent Control YN Yes Sale Type Standard Security Features Gated Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays Cable TvGasElectricityWater Total Annual Expense 58700 TVServices Cable Tv Type Of Units Townhouse Water Heaters YN Yes Year Built Source Assessor Zoning Bhr4yy

    Listing provided courtesy of Kristina Anapau Roper DRE# of Berkshire Hathaway Homeservices California.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-14T18:42:56.83. 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.
     
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