215 Swall Dr Beverly Hills, CA 90211-1712
- Apartment buildings
- 5,226 SF
- 0.13 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 215 Swall Dr
- Year built
- 1937
- Lot size
- 0.13 lot acres
- Property size
- 5,226 SF
- Zone code
- BHR4YY
- Property type
- Apartment buildings
- APN
- 4335-021-008
- APU
- 4335021008
Description
This exceptional Class A, multifamily investment property, located at 215 N Swall Dr, Beverly Hills, CA 90211, presents a rare opportunity. The property consists of two three-story buildings totaling 5,226 square feet on a 5,744 square foot lot (APN 4335-021-008). Built in 1937, this 5-unit apartment building features five bright, one-bedroom, one-bathroom units, each with hardwood floors, original moldings, and private laundry. Each unit also includes one covered garage space located at the rear of the property, with one unit situated above a garage. The property boasts a desirable Beverly Hills location, within walking distance of upscale shopping, dining, and medical facilities, ensuring a consistently high demand for rental units. The current asking price is $3,000,000, with a 2.00% cap rate. The property is zoned BHR4YY, offering potential for future development. This presents a strong investment opportunity with significant upside potential in rental income, ideal for an owner-user or investor seeking a prime Beverly Hills location. All information should be independently verified by the buyer.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,900,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,310,000
- 6.5%
- $2,200,000
- 7%
- $2,325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,290,000
- Geo Method
- $2,180,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,825,000
- Retail
- $2,125,000
- Mixed-Use
- $2,455,000
- Hospitality
- $2,545,000
- Educational
- $2,425,000
- Residential Income
- $2,800,000
- Energy
- $2,355,000
- Income-Based Land
- $2,080,000
- Food Service
- $2,170,000
Location Insight
- Map
- Local Demand
- City
- Beverly Hills
- County
- Los Angeles
- State
- California
- Longitude
- -118.386
- Latitude
- 34.0697
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA