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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$3,595,000

Est. payment - /mo

9 Beds

7 Baths

5,301 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,301 sqft

Price per Sqft $678

MLS Listing ID 26646779

Bedrooms 9

HOA Y/N No

Year Built 1935

Lot Size 6,059 Sqft

Property Description

205 S Reeves Drive is a charming four unit multifamily asset situated in one of Southern California's most coveted, supply constrained rental markets. Originally constructed in 1935, the property benefits from classic Spanish style architecture and a premier Beverly Hills location a few steps from Beverly Drive's dining, retail, and lifestyle amenities. This exceptional positioning continues to drive strong and consistent tenant demand supported by walkability, proximity to employment centers, and the city's high barriers to new development. The asset features an attractive and highly desirable unit mix anchored by larger format residences rarely found in comparable four unit properties. The configuration includes two expansive three bedroom units (one 3bedroom/3bath and one 3bedroom/2bath), complemented by a 2bedroom/1bath and a 1bedroom/1bath unit. These larger layouts appeal to families, professionals, and long term tenants, contributing to reduced turnover, durable income, and meaningful upside through interior renovation and rental growth. Residences are equipped with air conditioning and heating, functional kitchens, and select fireplaces, enhancing livability and tenant comfort. Additional amenities include in unit and onsite laundry, covered parking, and a private central courtyard features that further support tenant retention and long term occupancy. Period finishes and Spanish architectural details differentiate the property from surrounding multifamily inventory while preserving its timeless Beverly Hills character. Located south of Wilshire Boulevard and adjacent to Beverly Hills' Golden Triangle business district, 205 S Reeves Drive offers walkable access to major employment hubs, parks, high end retail, and renowned cultural destinations. Tenants benefit from immediate proximity to Urth Caffe, Chaumont Bakery & Cafe, Parakeet Cafe, and Maru Espresso Bar, as well as top dining destinations including Bacari Beverly Hills, Matu, and All'Antico Vinaio. Daily conveniences such as Whole Foods Market, Pavilions, Beverly Canon Gardens, and world class shopping along Rodeo Drive further reinforce the property's exceptional livability. Situated in an irreplaceable Beverly Hills location, 205 S Reeves Drive offers the opportunity to acquire a distinguished multifamily asset defined by long term desirability, timeless character, and enduring value in a tightly held Los Angeles submarket.

Location

State CA

County Los Angeles

Area C01 - Beverly Hills

Zoning BHR4YY

Interior

Heating Central, Fireplace(s)

Cooling Central Air

Fireplace No

Appliance Dishwasher, Refrigerator

Exterior

Parking Features Door-Single, Garage

Total Parking Spaces 5

Building

Entry Level Multi/Split

Architectural Style Spanish

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4331003002

Special Listing Condition Standard

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Listed by Eliyahu Appel Marcus & Millichap #01918652

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205 S Reeves DR Beverly Hills, CA 90212