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    220 S Gale Drive

    Beverly Hills, CA 90211
    • $5,700,000
    • STATUS: Active
    • ON SITE: 9 days
    • ID#: 20645486
    $5,700,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    SELLER IS MOTIVATED. We are pleased to present the exclusive listing of 220 S Gale Drive, an 11--unit (one non-conforming) 1960s Gold Medallion apartment building in beautiful Beverly Hills. Family owned and operated for over fifty years, this modern-deluxe property has been meticulously cared for and recently remodeled from floor to ceiling one unit at a time with thorough restorations and immaculate detail including upgrades to copper piping, brand new wide-plank flooring, and recessed LED light fixtures throughout. The thoughtfully revamped kitchens feature all energy-efficient appliances including dishwashers, modern sinks with sleek Goose Neck faucets, and electric glass stove-tops. Bedrooms have large closets stretching the width of the room providing abundant storage space, and laundry is available on site for tenants convenience. (Pls inquire for full list of upgrades). One vacant unit has fire damage.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-22T00:28:43.55. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/110931658
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    220 S Gale Drive Beverly Hills, CA 90211

    • Price: $5,700,000
    • Status: Active
    • ID#: 20645486
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1960
    Built
    Neighborhood:
    C01 - Beverly Hills
    County:
    Los Angeles
    Area:
    C01 - Beverly Hills
    Property Description
    SELLER IS MOTIVATED. We are pleased to present the exclusive listing of 220 S Gale Drive, an 11--unit (one non-conforming) 1960s Gold Medallion apartment building in beautiful Beverly Hills. Family owned and operated for over fifty years, this modern-deluxe property has been meticulously cared for and recently remodeled from floor to ceiling one unit at a time with thorough restorations and immaculate detail including upgrades to copper piping, brand new wide-plank flooring, and recessed LED light fixtures throughout. The thoughtfully revamped kitchens feature all energy-efficient appliances including dishwashers, modern sinks with sleek Goose Neck faucets, and electric glass stove-tops. Bedrooms have large closets stretching the width of the room providing abundant storage space, and laundry is available on site for tenants convenience. (Pls inquire for full list of upgrades). One vacant unit has fire damage.
    Exterior Features

    Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Heating None Heating YN No Laundry Features Individual Room

    Property Features

    Country Us Gross Income 300732.00 Gross Multiplier 18.95 Gross Operating Income 293030.00 Laundry YN Yes Net Operating Income 186897.00 Senior Community YN No Special Listing Conditions Standard Tenant Pays Electricity Total Expenses 106133.00 Zoning Bhr475

    Listing provided courtesy of Eliyahu Appel of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-22T00:28:43.55. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

     
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    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003