$3,550,000
Active Under Contract
49 Days Online
0 Beds0 Baths5,468 SQFT
Active Under Contract

141 S Canon Drive Beverly Hills, CA 90212

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Constructed in 1938, the property sits on a 6, 070 square foot parcel and consists of a two-story building with a detached carport offering six covered parking spots. The unit mix comprises (6) six large one-bedroom, one-bathroom units, each measuring approximately 800 square feet. Available for purchase on the open market for the first time in more than four decades, 141 South Canon Drive has been meticulously cared for by its current owners. They have made significant capital improvements over the years, such as a new roof and completely replacing the plumbing with copper pipes. By taking advantage of the premium rental rates typically associated with character-style buildings in Beverly Hills, this presents a rare opportunity to start benefiting from increased returns right from day one. This property is located in a highly sought-after rental submarket that is in need of renovated units, making it an exceptional investment opportunity. Nestled in an enclave of luxury, 141 South Canon Drive enjoys a prime location just south of Wilshire Boulevard in Beverly Hills and one block away from the famed South Beverly Drive, providing residents with access to an array of upscale boutiques, fine dining establishments, and cultural attractions within walking distance of the prestigious Golden Triangle shopping district. Its strategic positioning near major employment hubs such as the Wilshire Corridor and Century City offers professionals convenient access to diverse job opportunities in finance, law, entertainment, and technology, making it an enticing destination for those seeking a vibrant urban lifestyle coupled with proximity to their workplace.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site49 Days
  • MLS StatusActive Under Contract
  • MLS ID NumberSR24091815
  • Home Size Source N/A
  • Year Built1938
  • Lot Size0.1394 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Detached Carport
  • Parking Spaces 6
  • Sewer Unknown
  • Number of Stories 2
  • Acreage 0.1394
  • Water Public
  • Property Sub Type Apartment
  • Garage Spaces 6
  • Zoning BHR4*
  • Listing Conditions Standard

Interior Features

  • Laundry Features None

Exterior Features

  • Pool Features None
  • Lot Rectangular Lot

Community Features

  • Community Features Urban
  • Senior Community No
  • MLS Area C01 - Beverly Hills

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Monthly Payment (Est.)

$18,647
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