170 North Crescent Drive

Beverly Hills, CA 90210

$18,700,000
Price
6
Beds
6
Baths
30,971 Sq. Ft.
$604 / Sq. Ft.
30,971
Sq. Ft.
$604
per Sq. Ft.

Description

Assumable loan of $8,050,000 at 3.1% fixed until 10/1/26 to qualified buyers. Trophy Property located in Beverly Hills Golden Triangle. Walking distance to shops and restaurants on internationally well known Rodeo, Beverly and Canon Drives in Beverly Hills. Over $1,500,000 in renovation has been spent in the past few years. Controlled access, pool, elevator and subterranean parking garage. Large 1, 2, and 3 bedroom units, some have been renovated. Significant (21%) upside in rents. Priced at 14.5...Assumable loan of $8,050,000 at 3.1% fixed until 10/1/26 to qualified buyers. Trophy Property located in Beverly Hills Golden Triangle. Walking distance to shops and restaurants on internationally well known Rodeo, Beverly and Canon Drives in Beverly Hills. Over $1,500,000 in renovation has been spent in the past few years. Controlled access, pool, elevator and subterranean parking garage. Large 1, 2, and 3 bedroom units, some have been renovated. Significant (21%) upside in rents. Priced at 14.5 x Gross and 4.4% Cap with rents at market. Showing with accepted offer.
  1. Listed by Hamid Soroudi • DRE #00708618 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 170 North Crescent Drive

Zoning
BHR4YY
Parcel Number
4343004030
Total Units
21.0
Living Area
30971
Source Living Area
Vendor Enhanced
Area
Beverly Hills (C01)
Vacancy Rate
3
Lot Size Area
15098

Location

Listing Courtesy of Keller Williams Beverly Hills, Hamid Soroudi, DRE #00708618
Add your commute
LISTING UPDATED: 04/09/2024 12:01 AM

Property Details for 170 North Crescent Drive

StatusActive
MLS #24-376227
Days on Market30
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1960
Lot Size0.35 AC / 15,098 SF
CountyLos Angeles County

Building

170 N Crescent Dr

3 StoriesBuilt in 1960

Location

Listing Courtesy of Keller Williams Beverly Hills, Hamid Soroudi, DRE #00708618
Add your commute

Building Information for 170 North Crescent Drive

Stories3Residences-Year Built1960Building Size-Lot Size0.35 AC / 15,098 SF

Payment Calculator

$119,841 per month

30 year fixed, 7.25% Interest

Principal and Interest

$102,054

Property Taxes

$17,787

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 170 North Crescent Drive

Community / Development
Community / Development
  • Number Of Units: 21
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 3
  • Number Of Buildings: 1
  • Type Of Units: 1, 2, 3
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $1,035,487
  • Net Operating Income: $615,531.00
  • Gross Income: $1,066,514
  • Cap Rate: 3.30%
  • Gross Rent Multiplier: $17.50
  • Total Annual Expense: 419956
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.3466
  • Lot Size Square Feet: 15098
Parking Details
Parking Details
  • Parking Garage: Subterranean
  • Total Parking: 29
  • Covered Parking: 29
  • Parking Features: Subterranean
Interior Features
Interior Features
  • Levels: Three Or More
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Intercom, Elevator
Exterior Features
Exterior Features
  • Pool: Yes
  • Private Pool: No
  • Pool Description: Community
  • Pool Features: Community
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-04-2024
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,700.00
  • Unit Actual Rent: $3,700.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,052.00
  • Unit Actual Rent: $4,052.00
  • Unit Projected Rent: $5,000.00
  • Like Units: 19
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $5,450.00
  • Unit Actual Rent: $5,450.00
  • Unit Projected Rent: $6,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $3,280,937.00
  • Assessed Improvement Percent: 18.75
  • Assessed Land Value: $14,217,399.00
  • Assessed Land Percent: 81.25
  • Assessed Total Value: $17,498,336.00

Property History for 170 North Crescent Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 170 North Crescent Drive

Taxable ValueLand$14,217,399Additions$3,282,097Total$17,499,496
Tax Record2023$213,449 ($17,787 / month)
Home Facts
Total Finished SqFt30,971 SqFtAbove Grade Finished SqFt30,971 SqFtLot Size15,094 SqFtStyleMulti-Family Res (5+ Units)Year Built1960ZoningBHR4YYCountyLOS ANGELESAPN4343-004-030

Schools near 170 North Crescent Drive

This home is within Beverly Hills Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
El Rodeo Elementary School
PublicK 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.

Similar Homes

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170 North Crescent Drive is a multi-family home for sale in Beverly Hills, CA 90210. This property was listed for sale on April 1, 2024 by Keller Williams Beverly Hills, it's currently listed at $18,700,000. It has been on the market for a total of 30 days and was last sold on November 10, 2017. This listing's school district is Beverly Hills Unified School District. Nearby schools include El Rodeo Elementary School, Beverly Hills High School and Moreno High (Continuation) School. 170 North Crescent Drive is a 6-bed, 6-bath, 30,971 sqft multi-family home built in 1960.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Beverly Hills, Hamid Soroudi, DRE #00708618

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.