405 Shirley Place

Beverly Hills, CA 90212

  • 21 Bed(s)
  • 0 Bath(s)
  • 13,122 Sqft
  • 13840
    Sqft(Lot)
$7,000,000

Description

Century park realty, inc. is proud to present this pride-of-ownership 11-unit apartment complex located in prime beverly hills, across from beverly hills high school and at the gateway to century city. 405 shirley place is a 13,122 sf building situated on a 0.32-acre lot, consisting of ten (10) spacious two-bedroom, two-bathroom units (averaging almost 1,200 sf) and one fully renovated standalone studio. the building features classic beverly hills charm with a leafy brick-gated courtyard, original crown moldings in units, and timeless architectural details with modern updates.this offering presents a compelling value-add opportunity, with a proven value add business plan already in motion. five of the eleven units have been partially or fully updated as tenants naturally moved out over the year and those renovated units have achieved significantly higher rents (up to 95% rental premium through interior renovation), clearly demonstrating the potential to increase income across the board. a new owner can execute the same or similar renovation strategy to increase net operating income (noi) by +/- 40% a clear path to increased cash flow and long-term value creation.additional opportunity to acquire adjacent parcel(s)

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49976948

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Property Details

  • Bedroom Information

    • Total Bedrooms : 21

    Bathroom Information

    • Total Baths: 21
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Dishwasher,Refrigerator

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1948
    • Building Area Total: 13,122

    Laundry Features

    • Common Area,Laundry Room

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3177
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 13840

  • Listing Price Information

    • Original List Price: 7,000,000
    • Listing Contract Date: 2025-05-27

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 4330001007

  • Garage and Parking

    • Garage Description: Covered,Detached Carport

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C01 - Beverly Hills
    • Postal Code Plus 4: 4124
    • Directions: South of Olympic to Spalding Drive to Shirley Place
    • Zoning: BHR4YY
    • Source Property Type: Residential Income
    • Area: C01 - Beverly Hills

    Building and Construction

    • Property Age: 77
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 13122
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 07/01/2025 @ 06:15

  • MLS: 25544177
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 21 bedrooms which is for sale, it has 13,122 sqft, 13,840 sized lot, and 3 parking. are nearby neighborhoods.