218 S Tower Drive, Beverly Hills, CA 90211
List Price: $9.9M
Listing Status: Active
0Days on Market: 35
24 Bedrooms · 32 Bathrooms · 26,972 sq ft
Property Type: ResidentialIncome
Year Built: 1929
Lot Size: 12,428 sq ft
MLS Number: 26672315
About This Property
First time on the market in 26 years. Well maintained property with significant (25%) upside in rents. Priced at 12.3 x gross and 5% cap at closing; 9.8 x gross and 7% cap with rents at market. $309,375/unit and $367/bldg. S.F.
Listing provided by: Hamid Soroudi DRE #00708618 310-432-6400 hsoroudi@kw.com, Keller Williams Beverly Hills
Source: CRMLS, MLS #: 26672315
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.