205 S Reeves Dr

Beverly Hills, CA 90212

$3,595,000
Price
9
Beds
7
Baths
5,301 Sq. Ft.
$678 / Sq. Ft.
5,301
Sq. Ft.
$678
per Sq. Ft.
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Description

205 S Reeves Drive is a charming four unit multifamily asset situated in one of Southern California's most coveted, supply constrained rental markets. Originally constructed in 1935, the property benefits from classic Spanish style architecture and a premier Beverly Hills location a few steps from Beverly Drive's dining, retail, and lifestyle amenities. This exceptional positioning continues to drive strong and consistent tenant demand supported by walkability, proximity to employment centers, and...205 S Reeves Drive is a charming four unit multifamily asset situated in one of Southern California's most coveted, supply constrained rental markets. Originally constructed in 1935, the property benefits from classic Spanish style architecture and a premier Beverly Hills location a few steps from Beverly Drive's dining, retail, and lifestyle amenities. This exceptional positioning continues to drive strong and consistent tenant demand supported by walkability, proximity to employment centers, and the city's high barriers to new development. The asset features an attractive and highly desirable unit mix anchored by larger format residences rarely found in comparable four unit properties. The configuration includes two expansive three bedroom units (one 3bedroom/3bath and one 3bedroom/2bath), complemented by a 2bedroom/1bath and a 1bedroom/1bath unit. These larger layouts appeal to families, professionals, and long term tenants, contributing to reduced turnover, durable income, and meaningful upside through interior renovation and rental growth. Residences are equipped with air conditioning and heating, functional kitchens, and select fireplaces, enhancing livability and tenant comfort. Additional amenities include in unit and onsite laundry, covered parking, and a private central courtyard features that further support tenant retention and long term occupancy. Period finishes and Spanish architectural details differentiate the property from surrounding multifamily inventory while preserving its timeless Beverly Hills character. Located south of Wilshire Boulevard and adjacent to Beverly Hills' Golden Triangle business district, 205 S Reeves Drive offers walkable access to major employment hubs, parks, high end retail, and renowned cultural destinations. Tenants benefit from immediate proximity to Urth Caffe, Chaumont Bakery & Cafe, Parakeet Cafe, and Maru Espresso Bar, as well as top dining destinations including Bacari Beverly Hills, Matu, and All'Antico Vinaio. Daily conveniences such as Whole Foods Market, Pavilions, Beverly Canon Gardens, and world class shopping along Rodeo Drive further reinforce the property's exceptional livability. Situated in an irreplaceable Beverly Hills location, 205 S Reeves Drive offers the opportunity to acquire a distinguished multifamily asset defined by long term desirability, timeless character, and enduring value in a tightly held Los Angeles submarket.
  1. Listed by Eliyahu Appel • DRE #01918652 • Brokerage DRE #01238010 • Marcus & Millichap

Property Details for 205 South Reeves Drive

Zoning
BHR4YY
Style
Spanish
Parcel Number
4331003002
Total Units
4.0
Living Area
5301
Source Living Area
Vendor Enhanced
Area
Beverly Hills (C01)
Vacancy Rate
1 Unit
LISTING UPDATED: 03/18/2026 10:16 AM

Property Details for 205 South Reeves Drive

StatusActive
MLS #26646779
Days on Market78
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1935
Lot Size0.14 AC / 6,060 SF
CountyLos Angeles County
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Location

Listing Courtesy of Marcus & Millichap, Eliyahu Appel, DRE #01918652
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Building Information for 205 South Reeves Drive

Stories-Residences-Year Built1935Building Size-Lot Size0.14 AC / 6,060 SF

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$21,288 per month

30 year fixed, 6.46% Interest

Principal and Interest

$18,103

Property Taxes

$3,185

HOA Dues

$0

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Property Information for 205 South Reeves Drive

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Multifamily
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $202,559
  • Net Operating Income: $136,378.00
  • Gross Income: $208,824
  • Cap Rate: 3.79%
  • Gross Rent Multiplier: $17.22
  • Total Annual Expense: 66181
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1391
  • Lot Size Square Feet: 6060
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car
  • Total Parking: 5
  • Covered Parking: 5
  • Parking Features: Garage - Single Door
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Central
  • Cooling Type: Central
  • Heating: Central, Fireplace
  • Heating Type: Central, Fireplace
  • Equipment: Refrigerator, Range/Oven, Dishwasher
  • Laundry: In Unit, Laundry Area
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-03-2026
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $7,995.00
  • Unit Actual Rent: $7,995.00
  • Unit Projected Rent: $7,995.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,515.00
  • Unit Actual Rent: $4,515.00
  • Unit Projected Rent: $7,995.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,992.00
  • Unit Actual Rent: $1,992.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,900.00
  • Unit Actual Rent: $2,900.00
  • Unit Projected Rent: $3,700.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,056,006.00
  • Assessed Improvement Percent: 33.67
  • Assessed Land Value: $2,080,800.00
  • Assessed Land Percent: 66.33
  • Assessed Total Value: $3,136,806.00

Property History for 205 South Reeves Drive

DateEvent & SourcePriceAppreciation
Mar 18, 2026

Price Change

CRMLS #26646779

$3,595,000—
Mar 18, 2026

Price Change

CLAW #26646779

$3,595,000—
Feb 3, 2026

Listed (Active)

CRMLS #26646779

$3,700,000—
DateEvent & SourcePrice
03/18/2026

Price Change

CRMLS #26646779

$3,595,000
03/18/2026

Price Change

CLAW #26646779

$3,595,000
02/03/2026

Listed (Active)

CRMLS #26646779

$3,700,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 205 South Reeves Drive

Taxable ValueLand$2,080,800Additions$1,056,006Total$3,136,806
Tax Record2025$38,224 ($3,185 / month)
Home Facts
Total Finished SqFt5,301 SqFtAbove Grade Finished SqFt5,301 SqFtLot Size6,058 SqFtStyleQuadraplexYear Built1935ZoningBHR4YYCountyLOS ANGELESAPN4331-003-002

Schools near 205 South Reeves Drive

This home is within Beverly Hills Unified School District.
Rating
School
Type
Grades
Distance
Beverly Vista Elementary School
Public - 6 to 8
Beverly Hills High School
Public - 9 to 12
Moreno High (Continuation) School
Public - 9 to 12
Good Shepherd Catholic School
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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More information about 205 South Reeves Drive, Beverly Hills, CA 90212

205 South Reeves Drive is a multi-family home for sale in Beverly Hills, CA 90212. This property was listed for sale on February 3, 2026 by Marcus & Millichap, it's currently listed at $3,595,000. It has been on the market for a total of 78 days and was last sold on December 19, 2022. This listing's school district is Beverly Hills Unified School District. Nearby schools include Beverly Vista Elementary School, Beverly Hills High School and Moreno High (Continuation) School. 205 South Reeves Drive is a 9-bed, 7-bath, 5,301 sqft multi-family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Eliyahu Appel, DRE #01918652

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.