170 N Crescent Drive, Beverly Hills, CA 90210

0 beds 0 baths 15,098 sq.ft.

Offerered at: $18,700,000.00

County: Los Angeles
Year Built: 1960
Association Fees: $0.00/mo.

Property Description

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.

ESSENTIAL INFO

  • Status: Active