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$ 2,550,000
Est. payment | /mo
4,571 SqFt
$ 2,550,000
Est. payment | /mo
4,571 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,571 sqft
Price per Sqft $557
MLS Listing ID CL26847677
HOA Y/N No
Year Built 1931
Lot Size 6,102 Sqft
Acres 0.1401
Property Sub-Type Other
Property Description
Beautifully restored Spanish income property ideally located adjacent to Beverly Hills. This stunning investment opportunity blends timeless architecture with extensive capital improvements, offering both exceptional curb appeal and peace of mind for future ownership. The property showcases a beautifully painted exterior, classic Spanish arches, and an inviting landscaped courtyard that creates a warm and elegant first impression. Multiple units have been thoughtfully remodeled with updated kitchens, bathrooms, flooring, paint, lighting, and modern finishes while maintaining the property's original character.Beyond the cosmetic renovations, ownership has made substantial investments in the building's infrastructure, including significant plumbing improvements with repiping, gas line upgrades, electrical improvements, sewer line repairs and cleanouts, seismic safety enhancements, and numerous building system upgrades. These major capital improvements significantly reduce future maintenance concerns while enhancing the long term value of the asset.With strong in place income, additional garage rental income, and an irreplaceable location adjacent to Beverly Hills, Cardiff presents an outstanding opportunity to acquire a beautifully maintained Spanish apartment building with meaningful long term upside.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Radiant
Flooring Laminate, Wood
Fireplace No
Laundry Other, Inside
Exterior
View Y/N false
View None
Building
Water Other
New Construction No
Others
Tax ID 4332002032
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Listed by Ivan Estrada • Douglas Elliman
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