340 S Reeves Dr

4
Baths
4,484 Sq. Ft.
$624 / Sq. Ft.
4,484
Sq. Ft.
$624
per Sq. Ft.

Description

Trust Sale Opportunity-No Court Confirmation Needed. Located just a short stroll to the best of Beverly Hills, this classic Mediterranean Duplex is filled with rich period details, inside and out. Each unit has 3 generous bedrooms, 2 baths, an expansive light filled Living Room with fireplace and a stunning stained and leaded glass feature window; Large Formal Dining Room, Updated Kitchen, Large Breakfast/Family Room with High Ceilings, some beamed; Wood Floors, Character Fixtures, Arches, Alcoves...Trust Sale Opportunity-No Court Confirmation Needed. Located just a short stroll to the best of Beverly Hills, this classic Mediterranean Duplex is filled with rich period details, inside and out. Each unit has 3 generous bedrooms, 2 baths, an expansive light filled Living Room with fireplace and a stunning stained and leaded glass feature window; Large Formal Dining Room, Updated Kitchen, Large Breakfast/Family Room with High Ceilings, some beamed; Wood Floors, Character Fixtures, Arches, Alcoves and more. The lower unit has an extended Fam Room with French Doors that open to a large, inviting trellised Patio. Each unit has had some updating, has heat and air, a laundry room and each has a 2 car garage with alley access. With a recently refreshed exterior, new landscape and strong rents, this is an excellent investment or 1031 exchange opportunity. Owner/User protocols subject to Beverly Hills ordinances. Please do not disturb tenants. Entry with accepted offer.
  1. Listed by Shelli Broder • DRE #01132623 • Brokerage DRE #00625377 • Berkshire Hathaway HomeServices California Propert
  2. Listed by Andrea Cope • DRE #01346181 • Brokerage DRE #00625377 • Berkshire Hathaway HomeServices California Propert

Property Details for 340 South Reeves Drive

Zoning
BHR4*
Style
Mediterranean
Parcel Number
4331005027
Total Units
2.0
Living Area
4484
Source Living Area
Vendor Enhanced
Area
Beverly Hills (C01)
Vacancy Rate
NO
LISTING UPDATED: 03/08/2024 10:27 AM

Property Details for 340 South Reeves Drive

StatusSold
MLS #23-342172
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1935
Lot Size0.14 AC / 6,068 SF
CountyLos Angeles County

Location

Listing Courtesy of Berkshire Hathaway HomeServices California Propert, Shelli Broder, DRE #01132623; Berkshire Hathaway HomeServices California Propert, Andrea Cope, DRE #01346181

Sold By Keller Williams Realty Westside, Mona Kerendian, DRE #01758802

Add your commute

Building Information for 340 South Reeves Drive

Stories2Residences-Year Built1935Building Size-Lot Size0.14 AC / 6,068 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$16,995 per month

30 year fixed, 6.46% Interest

Principal and Interest

$14,099

Property Taxes

$2,896

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 340 South Reeves Drive

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Duplex
Contract Info
Contract Info
  • Disclosures: As Is, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Entry Only
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $142,800
  • Net Operating Income: $131,160.00
  • Gross Income: $142,800
  • Gross Scheduled Income: $142,800
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 11640
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1393
  • Lot Size Square Feet: 6068
Parking Details
Parking Details
  • Parking Garage: Private Garage, Detached, Side By Side, Garage - 4+ Car, Controlled Entrance, Covered Parking
  • Total Parking: 4
  • Covered Parking: 4
  • Parking Features: Private, Side by Side, Controlled Entrance, Covered
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Central Forced Air
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Flooring: Wood
  • Equipment: Dishwasher, Refrigerator, Range/Oven, Garbage Disposal, Dryer, Washer
  • Laundry: In Unit, Room
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-03-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $6,000.00
  • Unit Actual Rent: $6,000.00
  • Unit Projected Rent: $6,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $5,900.00
  • Unit Actual Rent: $5,900.00
  • Unit Projected Rent: $6,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107

Property History for 340 South Reeves Drive

DateEvent & SourcePriceAppreciation
Mar 6, 2024

Sold

SDMLS #23-342172

$2,800,000
Mar 6, 2024

Sold

CRMLS #23342172

$2,800,000
Mar 6, 2024

Sold

CLAW #23-342172

$2,800,000
DateEvent & SourcePrice
03/06/2024

Sold

SDMLS #23-342172

$2,800,000
03/06/2024

Sold

CRMLS #23342172

$2,800,000
03/06/2024

Sold

CLAW #23-342172

$2,800,000

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

Public Records for 340 South Reeves Drive

Taxable ValueLand$1,938,000Additions$918,000Total$2,856,000
Tax Record2025$34,746 ($2,896 / month)
Home Facts
Total Finished SqFt4,484 SqFtAbove Grade Finished SqFt4,484 SqFtLot Size6,066 SqFtStyleDuplexYear Built1935ZoningBHR4*CountyLOS ANGELESAPN4331-005-027

Schools near 340 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 4
Rating
School
Distance
Beverly Vista Elementary School
Public6 to 8

Beverly Hills High School
Public9 to 12

Moreno High (Continuation) School
Public9 to 12

Kehillat Mogen David Education Center
PrivatePK to 4

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.

Beverly Hills
Beverly Hills
Home to movie star residents and their expansive homes, Beverly Hills is one of the most famous cities in the world. After a failed attempt to find oil on the land in the early 1900’s, present day Beverly Hills was subdivided into lots. It wasn’t long before the city would contain one of the most...

Similar Homes

Similar Sold Homes

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 Berkshire Hathaway HomeServices California Propert, Shelli Broder, DRE #01132623; Berkshire Hathaway HomeServices California Propert, Andrea Cope, DRE #01346181

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.