141 South Canon Drive
141 South Canon Drive
$3,550,000
1
6
5,468
5,468
$649
Description
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...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.
- Listed by Vincent Norris • DRE #00843890 • Brokerage DRE #01340600 • Vincent B Norris, Inc. • 424-422-0904
Property Details for 141 South Canon Drive
Parking Spaces Total
6
Private PoolNo
Total Units6.0
Building TypeAttached
Lot Size SourcePublic Records
Living Area5468
Assessor Parcel Number4331-001-008
Property Attached YNtrue
Location
LISTING UPDATED: 05/08/2024 04:41 AM
Property Details for 141 South Canon Drive
Status | Active |
---|---|
MLS # | SR24091815 |
Days on Market | 16 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1938 |
County | Los Angeles County |
Location
Building Information for 141 South Canon Drive
Building/Complex141 S Canon DrFloor-Stories2Residences-Pet Policy-Year Built1938Building Size-
Payment Calculator
$23,206 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 141 South Canon Drive
Property History for 141 South Canon Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 141 South Canon Drive
Taxable ValueLand$168,703Additions$93,527Total$262,230
Tax Record2023$45,985 ($3,832 / month)
Home Facts
Total Finished SqFt5,468 SqFtAbove Grade Finished SqFt5,468 SqFtLot Size6,070 SqFtStyleMulti-Family Res (5+ Units)Year Built1938ZoningBHR4*CountyLOS ANGELESAPN4331-001-008
Schools near 141 South Canon Drive
This home is within Beverly Hills Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Private - | PK to 8 |
Rating | School | Distance |
---|---|---|
Beverly Vista Elementary School Public6 to 8 | ||
Beverly Hills High School Public9 to 12 | ||
Moreno High (Continuation) School Public9 to 12 | ||
Good Shepherd Catholic School PrivatePK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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