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502 Smithwood Drive

Beverly Hills, CA 90212
  • $3,699,000
  • STATUS: Active Under Contract
  • ON SITE: 285 Days
  • ID#: 23306439
Under Contract
UPDATED: 143 min ago
$3,699,000
  • 8
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,740
    SQFT
  • $549
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Listing Agent(s): Sally Forster Jones of Compass (310-230-5478) and Joshua F. Smith of Compass(310-230-5478)


Description

MAJOR price reduction for emergency liquidation! Sellers must sell immediately! OFFER DEADLINE: Friday, May 10 at 5pm. An unmissable income opportunity awaits the fortunate new owner of this fantastic fourplex, as motivated sellers have reduced and are ready to move! Presenting a rare chance to own four homes on a corner lot, centrally located on a prime tree-lined street in a coveted Beverly Hills neighborhood close to all. Live in one and rent out the others, or utilize this desirable fourplex as passive income, making this property a great investment offering lasting value for many years to come. Set behind charming wrought-iron gates, the building's delightful Mediterranean facade affords beautiful and welcoming curb appeal amidst lush plantings and mature leafy trees. These residences have been meticulously updated throughout and present a variety of modern amenities for today's lifestyle. The two larger units are mirror images of one another and each include a fireplace in the living room, formal dining room, breakfast nook, and kitchen with copious cabinetry and top-of-the-line stainless-steel appliances. The primary bedroom has an adjacent sitting room/office, additional bonus room, dual walk-in closets, and en-suite bathroom with separate tub and shower, water closet, and dual-sink vanity with makeup desk. Other bedrooms and bathrooms are well appointed and spacious. Two rear units offer one bedroom each. Shared outdoor spaces comprise multiple lounging patios, decks, grassy yards to roam and play, and a soothing fountain. The property is sited just moments to numerous entertainment and recreational venues including golf courses, parks, restaurants, theatres, museums, and the iconic shopping of famous Rodeo Drive. Century City and major freeways are just a short drive away.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-18T18:30:04.867. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.kevinhillre.com/homes/143146150
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502 Smithwood Drive Beverly Hills, CA 90212

  • Price: $3,699,000
  • Status: Active Under Contract
  • On Site: 285 Days
  • Updated: 143 min ago
  • ID#: 23306439
8
Beds
0
Baths
0
½ Baths
0.17
Acres
6,740
SQFT
$549
$/SQFT
1953
Built
Neighborhood:
C01 - Beverly Hills
County:
Los Angeles
Area:
C01 - Beverly Hills
Property Description
MAJOR price reduction for emergency liquidation! Sellers must sell immediately! OFFER DEADLINE: Friday, May 10 at 5pm. An unmissable income opportunity awaits the fortunate new owner of this fantastic fourplex, as motivated sellers have reduced and are ready to move! Presenting a rare chance to own four homes on a corner lot, centrally located on a prime tree-lined street in a coveted Beverly Hills neighborhood close to all. Live in one and rent out the others, or utilize this desirable fourplex as passive income, making this property a great investment offering lasting value for many years to come. Set behind charming wrought-iron gates, the building's delightful Mediterranean facade affords beautiful and welcoming curb appeal amidst lush plantings and mature leafy trees. These residences have been meticulously updated throughout and present a variety of modern amenities for today's lifestyle. The two larger units are mirror images of one another and each include a fireplace in the living room, formal dining room, breakfast nook, and kitchen with copious cabinetry and top-of-the-line stainless-steel appliances. The primary bedroom has an adjacent sitting room/office, additional bonus room, dual walk-in closets, and en-suite bathroom with separate tub and shower, water closet, and dual-sink vanity with makeup desk. Other bedrooms and bathrooms are well appointed and spacious. Two rear units offer one bedroom each. Shared outdoor spaces comprise multiple lounging patios, decks, grassy yards to roam and play, and a soothing fountain. The property is sited just moments to numerous entertainment and recreational venues including golf courses, parks, restaurants, theatres, museums, and the iconic shopping of famous Rodeo Drive. Century City and major freeways are just a short drive away.
Exterior Features

Architectural Style Mediterranean Attached Garage YN Yes Foundation Details RaisedSlab Parking Features Door-MultiDrivewayGarage Parking Total 0 Patio And Porch Features CoveredDeckOpenPatio View City LightsCourtyard View YN Yes

Interior Features

Appliances DishwasherMicrowaveRefrigeratorDryerWasher Cooling Central Air Cooling YN Yes Heating Fireplace(s) Heating YN Yes Interior Features Ceiling Fan(s)

Property Features

Association Amenities Trash Association Fee Includes Sewer Association YN No Cap Rate 3.4 Community Features Gated Gross Income 10450 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 107520 New Construction YN No Property Condition Updated/Remodeled Security Features Fire Detection SystemGated CommunitySmoke Detector(s) Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning BHR4*



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-18T18:30:04.867. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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Berkshire Hathaway HomeServices California Properties
25909 Pala Dr, Suite 100
Mission Viejo CA, 92691
Listing Agent(s): Sally Forster Jones of Compass (310-230-5478) and Joshua F. Smith of Compass(310-230-5478)