215 N SWALL DRIVE
PRICE
BUILDING SIZE
BEVERLY HILLS, CA 90211
$2,900,000
5,226 SF
LOT SIZE
5,744 SF
OCCUPANCY
PRICE/SF (Bldg)
PRICE/SF (Land)
100%
$555
$505
The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 215 N Swall Drive, a charming 5,226 square foot, 5-unit apartment building situated on 0.13 acres of land (5,744 SF), ideally located just east of the Golden Triangle in the affluent Los Angeles submarket of Beverly Hills, CA.
215 N Swall Drive’s five (5) units are currently 100% occupied by tenants paying below market rents, creating a value-add opportunity as tenants turnover. Combined, the property brings in a rent of $112,982.28 annually or $9,415.19 monthly, an average of $1,883.04/unit and $1.80/SF. The property is made up completely of spacious one bedroom, one-bathroom units averaging 1,045 SF per unit spread across two floors.
The subject property is located just north of the NW corner of N Swall Dr & Clifton Way. The property’s position in Beverly Hills provides tenants the tranquility of a residential environment while also being close to amenities and employment hubs. 215 N Swall Dr is just 0.7 miles away from Beverly Hills’ Golden Triangle to the west and 0.8 miles from Beverly Grove’s Beverly Center and Cedars-Sinai Medical Center to the east.
The property is made up completely of spacious one bedroom, one-bathroom units averaging 1,045 SF per unit spread across two floors. Of the five units, four are laid out with a bedroom, bathroom, laundry, dining area, and living room with access from both the front and back of the property. The living or dining areas could be converted or used as an additional bathroom. The remaining unit, also a spacious 1,000 SF unit comes with a large second floor balcony.