209 S Reeves Dr

11
Baths
5,504 Sq. Ft.
$672 / Sq. Ft.
5,504
Sq. Ft.
$672
per Sq. Ft.

Description

Incredible investment opportunity in the heart of Beverly Hills! This 11-unit trophy property sits moments from world-renowned Rodeo Drive, Beverly Drive, and Wilshire Blvd, offering unmatched access to luxury shopping, five-star dining, and iconic hotels. Tenants enjoy a true Beverly Hills lifestyle, surrounded by the city's most desirable amenities and beautiful tree-lined streets. The property features 5 one-bedroom units and 6 spacious studios, all equipped with full appliance packages. On-site...Incredible investment opportunity in the heart of Beverly Hills! This 11-unit trophy property sits moments from world-renowned Rodeo Drive, Beverly Drive, and Wilshire Blvd, offering unmatched access to luxury shopping, five-star dining, and iconic hotels. Tenants enjoy a true Beverly Hills lifestyle, surrounded by the city's most desirable amenities and beautiful tree-lined streets. The property features 5 one-bedroom units and 6 spacious studios, all equipped with full appliance packages. On-site laundry generates additional income, and there is garage or carport parking for every unit. Rare chance to own a well-maintained building in an A+ location with tremendous upside potential and long-term stability in one of the most prestigious rental markets in the world.

Listing Agent

  1. Kaela Whelan

    Kaela Whelan

    Listing Agent

    Compass

    DRE #01965737

    kaela.whelan@compass.com

    P: (310)-526-1259

Property Details for 209 South Reeves Drive

Zoning
BHR4YY
Parcel Number
4331003003
Total Units
11.0
Living Area
5504
Source Living Area
Assessor
Area
Beverly Hills (C01)
Vacancy Rate
1
Lot Size Area
6073
LISTING UPDATED: 12/29/2025 11:36 AM

Property Details for 209 South Reeves Drive

StatusSold
MLS #25609689
Days on Market40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.14 AC / 6,073 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Kaela Whelan, DRE #01965737

Sold By Wetrust Realty, Rick Lin, DRE #01915920

Add your commute

Virtual Tour

Building Information for 209 South Reeves Drive

Stories2Residences-Year Built1940Building Size-Lot Size0.14 AC / 6,073 SF

Payment Calculator

$18,394 per month

30 year fixed, 6.15% Interest

Principal and Interest

$18,033

Property Taxes

$361

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 209 South Reeves Drive

Community / Development
Community / Development
  • Number Of Units: 11
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • 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: $261,384
  • Net Operating Income: $171,055.00
  • Gross Income: $258,084
  • Gross Rent Multiplier: $15.00
  • Laundry Income: $275
  • Vacancy Allow Percent: 3.00%
  • Owner Pays: Electricity, Gardener, Gas, Water
  • Total Annual Expense: 90329
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1394
  • Lot Size Square Feet: 6073
Parking Details
Parking Details
  • Parking Garage: Carport, Garage - None, Covered Parking
  • Total Parking: 0
  • Parking Features: Carport, None, Covered
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Window Unit(s)
  • Cooling Type: Window Unit(s)
  • Heating: Wall
  • Heating Type: Wall
  • Equipment: Microwave, Refrigerator, Range/Oven, Garbage Disposal
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-23-2025
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,095.00
  • Unit Actual Rent: $2,095.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,892.00
  • Unit Actual Rent: $1,892.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,807.00
  • Unit Actual Rent: $1,807.00
  • Unit Projected Rent: $2,450.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,450.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,450.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,139.00
  • Unit Actual Rent: $2,139.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,617.00
  • Unit Actual Rent: $1,617.00
  • Unit Projected Rent: $2,450.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,128.00
  • Unit Actual Rent: $2,128.00
  • Unit Projected Rent: $2,450.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,955.00
  • Unit Actual Rent: $1,955.00
  • Unit Projected Rent: $2,450.00
  • Like Units: 1
Unit 9 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,874.00
  • Unit Actual Rent: $1,874.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 10 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,695.00
  • Unit Actual Rent: $1,695.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 11 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,855.00
  • Unit Actual Rent: $1,855.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $106,700.00
  • Assessed Improvement Percent: 39.4
  • Assessed Land Value: $164,143.00
  • Assessed Land Percent: 60.6
  • Assessed Total Value: $270,843.00

Property History for 209 South Reeves Drive

DateEvent & SourcePriceAppreciation
Dec 29, 2025

Sold

CRMLS #25609689

$3,700,000—
Dec 29, 2025

Sold

CLAW #25609689

$3,700,000—
Dec 2, 2025

Pending

CRMLS #25609689

—
Dec 2, 2025

Pending

CLAW #25609689

—
Nov 20, 2025

Price Change

CRMLS #25609689

$3,999,000—
Nov 20, 2025

Price Change

CLAW #25609689

$3,999,000—
Nov 3, 2025

Price Change

CRMLS #25609689

$4,500,000—
Nov 3, 2025

Price Change

CLAW #25609689

$4,500,000—
Oct 23, 2025

Listed (Active)

CLAW #25609689

$4,995,000—
Oct 23, 2025

Listed (Active)

CRMLS #25609689

$4,995,000—
DateEvent & SourcePrice
12/29/2025

Sold

CRMLS #25609689

$3,700,000
12/29/2025

Sold

CLAW #25609689

$3,700,000
12/02/2025

Pending

CRMLS #25609689

—
12/02/2025

Pending

CLAW #25609689

—
11/20/2025

Price Change

CRMLS #25609689

$3,999,000
11/20/2025

Price Change

CLAW #25609689

$3,999,000
11/03/2025

Price Change

CRMLS #25609689

$4,500,000
11/03/2025

Price Change

CLAW #25609689

$4,500,000
10/23/2025

Listed (Active)

CLAW #25609689

$4,995,000
10/23/2025

Listed (Active)

CRMLS #25609689

$4,995,000

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

Public Records for 209 South Reeves Drive

Taxable ValueLand$167,425Additions$111,354Total$278,779
Tax Record2025$4,329 ($361 / month)
Home Facts
Total Finished SqFt5,504 SqFtAbove Grade Finished SqFt5,504 SqFtLot Size6,071 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningBHR4YYCountyLOS ANGELESAPN4331-003-003

Schools near 209 South Reeves 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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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 Compass, Kaela Whelan, DRE #01965737

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.