About 170 N Crescent Dr
Assumable loan of $8,050,000 at 3.1% fixed until 10/1/26 to qualified buyers. Trophy Property located in Beverly Hills Golden Triangle. Walking distance to shops and restaurants on internationally well known Rodeo, Beverly and Canon Drives in Beverly Hills. Over $1,500,000 in renovation has been spent in the past few years. Controlled access, pool, elevator and subterranean parking garage. Large 1, 2, and 3 bedroom units, some have been renovated. Significant (21%) upside in rents. Priced at 14.5 x Gross and 4.4% Cap with rents at market. Showing with accepted offer.
Features of 170 N Crescent Dr
| MLS® # | 24-376227 |
|---|---|
| Price | $18,700,000 |
| Bathrooms | 0.00 |
| Square Footage | 30,971 |
| Acres | 0.35 |
| Year Built | 1960 |
| Type | Residential Income |
| Sub-Type | Apartment Building |
| Status | Active |
Community Information
| Address | 170 N Crescent Dr |
|---|---|
| Area | Beverly Hills |
| City | BEVERLY HILLS |
| County | Los Angeles |
| State | CA |
| Zip Code | 90210 |
Amenities
| Parking Spaces | 29 |
|---|---|
| Garages | Subterranean |
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | Community |
Interior
| Heating | Central |
|---|---|
| Cooling | Central |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | No |
Additional Information
| Date Listed | April 1st, 2024 |
|---|---|
| Days on Market | 28 |
| Zoning | BHR4YY |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Hamid Soroudi (00708618) |
|---|---|
| Office | Keller Williams Beverly Hills |