Asking Price: $4,300,000

This is for the purchase of 337 S Doheny Drive located in the Beverly Hills submarket with the APN 4331-021-009. The property offers an investor the unique opportunity to own an exceptional piece of real estate in one of the healthiest and most coveted rental submarkets in California. Constructed in 1956/1965, the property consists of two-stories and seven units on a ~5,650 square foot R4 lot with a total building size of ~6,548 square feet. 337 S Doheny Drive offers an on-site laundry facility and carport parking. Units offer new energy efficient windows, wall units for cooling, forced heat, and laminate, tile, or carpet flooring. Select units are currently being renovated. Although the property is restricted by rent-control, 337 S Doheny Drive will be delivered 85% vacant presenting an investor with an extremely rare value-add opportunity to secure close-to market rents and hedge against inflation in one of the region's most desirable neighborhoods.