451 S Oakhurst Drive | Beverly Hills, CA 90212

Sold

|

$3,550,000

Sold

|

$3,550,000

3.05
% Cap Rate
|
19.98
‎ GRM
|
451 S Oakhurst Dr is an 8-unit apartment building in prime Beverly Hills, featuring a mix of one- and two-bedroom units with recent capital improvements and parking for each unit. With a current cap rate of 3.05% and market cap rate of 4.08%, the property offers upside through two vacant units and rental growth potential. Its sought-after location near cultural landmarks, UCLA, and major Los Angeles hubs makes it a rare long-term investment opportunity.
NEW
SOLD

property highlights

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8
Units
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$453,750
price per unit
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6,075
lot size (sq ft)
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1953
year built
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$510.79
price per sq ft
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6,950
building size (sq ft)

property highlights

451 S Oakhurst Drive is an 8-unit apartment building located in

the iconic, beautiful Beverly Hills, CA.

Built in 1953, the building is a two-story low-rise complex located between Whitworth Drive and W Olympic Blvd. It is comprised of one (1) two-bedroom, one-bathroom unit, and seven (7) one-bedroom one-bathroom units.

Each apartment unit has an included parking spot. The property has undergone capital improvements over the last few years including light unit renovation with plumbing, electrical, roof, and structure upgrades as needed. The units are individually metered for all utilities making this a low-expense building compared to others in the area.

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