Beverly Hills, CA 90212 502 Smithwood Drive
$3,699,000
22 more
Presented By: Sally Forster Jones with Compass;
Home Details
MAJOR price reduction for emergency liquidation! Sellers must sell immediately! OFFER DEADLINE: Friday, May 10 at 5pm. An unmissable income opportunity awaits the fortunate new owner of this fantastic fourplex, as motivated sellers have reduced and are ready to move! Presenting a rare chance to own four homes on a corner lot, centrally located on a prime tree-lined street in a coveted Beverly Hills neighborhood close to all. Live in one and rent out the others, or utilize this desirable fourplex as passive income, making this property a great investment offering lasting value for many years to come. Set behind charming wrought-iron gates, the building's delightful Mediterranean facade affords beautiful and welcoming curb appeal amidst lush plantings and mature leafy trees. These residences have been meticulously updated throughout and present a variety of modern amenities for today's lifestyle. The two larger units are mirror images of one another and each include a fireplace in the living room, formal dining room, breakfast nook, and kitchen with copious cabinetry and top-of-the-line stainless-steel appliances. The primary bedroom has an adjacent sitting room/office, additional bonus room, dual walk-in closets, and en-suite bathroom with separate tub and shower, water closet, and dual-sink vanity with makeup desk. Other bedrooms and bathrooms are well appointed and spacious. Two rear units offer one bedroom each. Shared outdoor spaces comprise multiple lounging patios, decks, grassy yards to roam and play, and a soothing fountain. The property is sited just moments to numerous entertainment and recreational venues including golf courses, parks, restaurants, theatres, museums, and the iconic shopping of famous Rodeo Drive. Century City and major freeways are just a short drive away.
Presented By: Sally Forster Jones with Compass;
Interior Features for 502 Smithwood Drive
Bedrooms
Total Bedrooms8
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths10
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Street SuffixDrive
Total Stories2
General for 502 Smithwood Drive
Additional Parcels Y/NNo
AppliancesDishwasher, Microwave, Refrigerator, Dryer, Washer
Architectural StyleMediterranean
Association AmenitiesTrash
Association Fee IncludesSewer
Attached Garage Yes
Cap Rate3.4
Carport Y/NNo
CityBeverly Hills
Community FeaturesGated
CoolingCentralAir
CountyLos Angeles
Days on Market244
DirectionsS. Beverly Drive to Whitworth Drive
Garage Y/NNo
Gross Income10450.0
HOA / Comm AssnNo
HeatingFireplaces
Home Warranty Y/NNo
Interior FeaturesCeilingFans
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7201.0
MLS AreaC01 - Beverly Hills
MobileHomeRemainsYNNo
Net Operating Income107520.0
New ConstructionNo
Patio/Porch FeaturesCovered, Deck, Open, Patio
Private PoolNo
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesFireDetectionSystem, GatedCommunity, SmokeDetectors
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameSmithwood
Total Units4
ViewCityLights, Courtyard
View Y/NYes
Waterfront Y/NNo
Year Built1953
ZoningBHR4*
Exterior for 502 Smithwood Drive
Building Area Total6740.0
Crops Included Y/NNo
Foundation DetailsRaised, Slab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1653
Lot Size Area7201.0
Lot Size SourceOwner
Lot Size UnitsSquareFeet
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesDoorMulti, Driveway, Garage
SpaNo
Total Parking0.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480