425 Shirley Place
425 Shirley Place
$3,700,000
10
8
5,999
5,999
$617
Description
This is part of "The Six Building Trophy Portfolio" Properties can be sold individually or as a Portfolio. We are pleased to present the exclusive listing of a nine (9) unit apartment building, currently operating as six (6) units, located at 425-427 Shirley Place in Beverly Hills, California. The offering is situated in the world-renown Beverly Hills neighborhood, just South of Olympic Boulevard and East of Century Park East. Built in 1939, the Shirley Place Apartments have been well-maintained...This is part of "The Six Building Trophy Portfolio" Properties can be sold individually or as a Portfolio. We are pleased to present the exclusive listing of a nine (9) unit apartment building, currently operating as six (6) units, located at 425-427 Shirley Place in Beverly Hills, California. The offering is situated in the world-renown Beverly Hills neighborhood, just South of Olympic Boulevard and East of Century Park East. Built in 1939, the Shirley Place Apartments have been well-maintained by the same ownership for over 50 years. This property's architectural significance shines through the series of elegant white pillars at its front doorstep. This New Orleans style apartment building exudes period specific charm such as huge French doors opening to a spacious Southern style private porch overlooking lush landscaping. The building features a very strong unit mix consisting of four (4) 1 bed / 1 bath units, two (2) 3 bed / 2 bath with dining room units, and three (3) studio ADUs. The studio ADUs average approximately 350 square feet each. Previously single apartments, they currently are gutted, with permits and blueprints in place ready for them to be renovated and brought back to market. The total size of the building is approximately 6,877 square feet and sits on a 5,999 square foot lot that is BHR4YY zoned. The offering is nestled within the heart of Beverly Hills, between Beverly Hills High School, Roxbury Park, and the Century City Mall. The Shirley Place apartments reside on the same block as many multi-million dollar, Beverly Hills homes. This is one of the most coveted neighborhoods in the County, being within the Beverly Hills School district as it is in close proximity to the Beverly Hills High School. Everything from luxury five-star hotels, designer brand shopping, and Michelin star dining options, are within a short walking distance from Shirley Place. Commuters will appreciate this property's central location in Beverly Hills provides easy access to popular public transit options, like the Expo Line, and major arterial thoroughfares like the 10 and 405 freeways. The Shirley Play Apartments provide an experienced investor a once-in-a-century opportunity to capitalize on an A+++ location with extreme value add potential.
- Listed by Eliyahu Appel • DRE #01918652 • Brokerage DRE #01240999 • Marcus & Millichap
- Listed by Jeffrey Louks • DRE #00908473 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 425 Shirley Place
Zoning
BHR4YY
Parcel Number4330001010
Total Units9.0
Living Area5999
Source Living AreaVendor Enhanced
AreaBeverly Hills (C01)
Vacancy Rate0
Lot Size Area6879
Location
LISTING UPDATED: 04/25/2024 10:49 AM
Property Details for 425 Shirley Place
Status | Active |
---|---|
MLS # | 23-334857 |
Days on Market | 158 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1939 |
Lot Size | 0.16 AC / 6,879 SF |
County | Los Angeles County |
Location
Building Information for 425 Shirley Place
Stories2Residences-Year Built1939Building Size-Lot Size0.16 AC / 6,879 SF
Payment Calculator
$21,105 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 425 Shirley Place
Property History for 425 Shirley Place
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 425 Shirley Place
Taxable ValueLand$615,468Additions$215,996Total$831,464
Tax Record2023$10,953 ($913 / month)
Home Facts
Total Finished SqFt5,999 SqFtAbove Grade Finished SqFt5,999 SqFtLot Size6,877 SqFtStyleMulti-Family Res (5+ Units)Year Built1939ZoningBHR4YYCountyLOS ANGELESAPN4330-001-010
Schools near 425 Shirley Place
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.
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