$4,200,000
SOLD MAR 18, 2025

252 S Reeves Dr Beverly Hills, CA 90212

14 Beds
14 Baths
11,240 Sq Ft
6,072 Sq Ft Lot

Recently Sold

$374 Per Sq Ft

8% Below List Price

22 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Granite Countertops
  • Laundry Facilities
  • Beverly Vista Elementary School Rated A
  • Balcony
  • Carpet

About This Home

As of March 2025

Unique Mid-Century style building on a beautiful tree lined street in the heart of Beverly Hills. One block from Beverly Drive and just south of Wilshire Blvd from downtown, Rodeo Drive and the soon to be Metro stop. Eleven highly desirable units featuring abundance of natural light, quality living environment, gated garage parking and on premises laundry. Ten of the eleven units have been appropriately remodeled or upgraded. The building is easy to manage and there is good upside potential in rents. Soft story retrofit has been done, painting and new roof September 2024, elevator mechanics recently modernized (all permits available). Limited showings so as not to disturb tenants, or with accepted offer. Property status is technically not back on market - it was initially listed as Coming Soon and then put on HOLD for after the holidays.

Last Agent to Sell the Property

Robert Louis

Landmark Realtors, Inc. License #01032528

Last Buyer's Agent

Robert Louis

Landmark Realtors, Inc. License #01032528

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Home Design

  • Midcentury Modern Architecture
  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 11,240 Sq Ft Home
  • 3-Story Property
  • Fire and Smoke Detector
  • Leased Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher
  • Granite Countertops
  • Tile Countertops

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Parking

  • 14 Parking Spaces
  • Carport
  • Automatic Gate

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Central Water Heater

Additional Features

  • Balcony
  • 6,072 Sq Ft Lot

Community Details

  • 11 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4331-002-039

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Three Or More
  • Street Number Display: Yes
  • Alley: Yes
  • Complex Name: The Reeves
  • Entry Floor: 1
  • Entry Location: Main Level
  • Living Area: 11240
  • Lot Acreage: 0.1394
  • Probate: No
  • Stories: 3
  • Year Built: 1963
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 10
  • Number Dishwasher: 11
  • Number Disposal: 9
  • Number Range: 11
  • Number Refrigerator: 11
  • Flooring: Carpet, Laminate, Linoleum
  • Bedrooms: 14
  • Common Walls: Attached
  • Kitchen Features: Granite Counters, Tile Counters, Remodeled
  • Laundry: Community
  • Laundry Equipment: Lease
  • Total Bathrooms: 14.00
  • Equipment: Dishwasher, Refrigerator, Range/Oven
  • Price Per S Q F T: 407.38

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony
  • Other Structures: None
  • Tennis Court Y/N: No
  • Number Patio: 4
  • Paved: Yes
  • Pool: No
  • Roof: Rolled/Hot Mop
  • Spa Yn: No

Garage/Parking

  • Number Rented Garages: 0
  • Parking Garage: Carport, Garage - 4+ Car
  • Total Parking: 14

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Wall/Window
  • Heating: Radiant
  • Number Electric Meters: 11
  • Number Gas Meters: 11
  • Number Water Meters: 0
  • Security: Smoke Detector, Automatic Gate

Lot Info

  • Assessed Improvement Percent: 47.92
  • Assessed Improvement Value: 528824
  • Assessed Land Percent: 52.08
  • Assessed Land Value: 574773
  • Total Assessed Value: 1103597
  • Assessor Parcel Number: 4331-002-039
  • Lot Size Area: 6072

Rental Info

  • Number Leased: 11
  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 19.00
  • Number Of Units: 11
  • Number Wall A C: 11
  • Rent Control: 11
  • Total Annual Expense: 91137
  • Type Of Units: apartment
  • Vacancy Rate: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Sold $4,200,000 -8.3% $374 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
12/29/2024 12/29/24 For Sale $4,579,000 +9.0% $407 / Sq Ft
12/21/2024 12/21/24 Off Market $4,200,000 -- --
Source: The MLS

Source: The MLS

MLS Number: 24-463521

The MLS