422 Smithwood Drive

    Beverly Hills, CA 90212
    • $3,250,000
    • STATUS: Active
    • ON SITE: 59 days
    • ID#: 19501522
    UPDATED: 70 min ago
    $3,250,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,707
      SQFT
    • $690
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1937
    County:

    School Ratings & Info

    Description

    422 Smithwood is a Prime Beverly Hills Legacy Asset with Upside Opportunity for both an owner user or investor looking to stabilize a core asset at market rent, with two (2) units delivered Vacant. The 4,707 SF property is situated on a 6,084 SF lot zoned BHR4YY. Featuring an ideal floorplan and unit mix consisting of three - 2 Bedroom / 1.5 Bathroom townhouse apartment units with all of the bedrooms upstairs. Each unit has its own private and covered garage (5 spaces in total) that are located at the rear of the property with a separate entrance through the alley. This well-maintained property has been upgraded throughout the years but still features many of quintessential Beverly Hills property characteristics. Upgrades include central HVAC, various power and plumbing upgrades, recently replaced roof, and refinished original hardwood floors. Each unit is separately metered for gas/electric and features in-unit W/D hookup. High walkability, just steps from world famous shopping+dining

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-19T00:36:24.343. 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 Najar Group | Keller Williams Realty. Licensed in the State of California, USA.
    www.thenajargroup.com/homes/98139899

    422 Smithwood Drive Beverly Hills, CA 90212

    • Price: $3,250,000
    • Status: Active
    • Updated: 70 min ago
    • ID#: 19501522
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,707
    SQFT
    $690
    $/SQFT
    1937
    Built
    Neighborhood:
    C01 - Beverly Hills
    County:
    Los Angeles
    Area:
    C01 - Beverly Hills
    Property Description
    422 Smithwood is a Prime Beverly Hills Legacy Asset with Upside Opportunity for both an owner user or investor looking to stabilize a core asset at market rent, with two (2) units delivered Vacant. The 4,707 SF property is situated on a 6,084 SF lot zoned BHR4YY. Featuring an ideal floorplan and unit mix consisting of three - 2 Bedroom / 1.5 Bathroom townhouse apartment units with all of the bedrooms upstairs. Each unit has its own private and covered garage (5 spaces in total) that are located at the rear of the property with a separate entrance through the alley. This well-maintained property has been upgraded throughout the years but still features many of quintessential Beverly Hills property characteristics. Upgrades include central HVAC, various power and plumbing upgrades, recently replaced roof, and refinished original hardwood floors. Each unit is separately metered for gas/electric and features in-unit W/D hookup. High walkability, just steps from world famous shopping+dining
    Exterior Features

    Exterior Features Tv Antenna Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Appliances FreezerDishwasher Appliances YN Yes Cooling Central Air Cooling YN Yes Laundry Features StackableSee Remarks

    Property Features

    Gross Multiplier 23.39 Gross Operating Income 138900.00 Improvements Amount 43068 Land Value 141093 Laundry YN Yes Net Operating Income 82632.00 Special Listing Conditions Standard Total Expenses 56267.00 Utilities Cable Available Zoning Bhr4yy

    Listing provided courtesy of Jan Alexander of Century Park Realty, Inc. and Jordan Rubinstein of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-19T00:36:24.343. 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 Najar Group | Keller Williams Realty. Licensed in the State of California, USA.
     
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