133 S Canon Drive, Beverly Hills, California 90212, Beverly Hills, 90212 - bed, bath
ACTIVE$3,495,000
133 S Canon Drive, Beverly Hills, California 90212
0Bed
0Bath
5,069Sqft
6,072Lot
Year Built
1936
Close
-
List price
$3.5M
Original List price
$3.5M
Price/Sqft
$689
HOA
-
Days on market
-
Sold On
-
MLS number
PW25096203
Home ConditionFair
Features
Patio
ViewTrees/Woods
About this home
We found 3 Cons,5 Pros.
Prime Beverly Hills Investment Property! Rare Owner User Opportunity! Four separate and private 2 bedrooms/1.5 bathrooms townhomes. These townhomes are secured by wrought iron gates and bordered by mature 20-foot hedging that ensures four corners of privacy. The common area bricked courtyard features a colorful display of fragrant flowering trees, vines and shrubs. The Owners unit has a beautiful balcony overlooking the sunny tree lined Canon Drive. Comes with four individual garages. Copy this url link into your browser for a video tour: https://www.heyethica.com/videos/video_78201188-ee16-4e92-9105-7ec9fb2cb039?type=professional
Condition Rating
Fair
Built in 1936, this property shows its age with a significantly dated kitchen featuring older appliances, cabinetry, and checkerboard tile. The presence of window air conditioning units indicates a lack of modern central HVAC. While some areas benefit from updates like hardwood floors, recessed lighting, and a modern Miele washer/dryer in one laundry area, these are not comprehensive. The property is maintained but requires substantial capital investment for renovations, especially in kitchens, bathrooms, and major systems, to meet current quality standards.
Pros & Cons
Pros
Exceptional Location: Situated on Canon Drive in the highly desirable 90212 zip code of Beverly Hills, offering premium real estate value and strong tenant appeal.
Strong Income Potential: A quadruplex comprising four separate 2-bedroom/1.5-bathroom townhomes, explicitly marketed as a 'Residential Income' property, ensuring multiple revenue streams.
Owner-User Flexibility: Presents a 'Rare Owner User Opportunity' with a dedicated owner's unit featuring a balcony, allowing for personal residence while generating rental income from the other units.
Enhanced Privacy & Security: Features wrought iron gates and mature 20-foot hedging, providing significant privacy and security for all residents within the complex.
Valuable Parking & Amenities: Includes four individual garages, a highly sought-after amenity in Beverly Hills, complemented by an attractive common area bricked courtyard and pleasant tree-lined views.
Cons
Property Age & Potential for Deferred Maintenance: Built in 1936, the property is significantly older, which often implies a higher likelihood of needing updates to major systems (plumbing, electrical, HVAC) and potential for deferred maintenance within the individual units.
Unspecified Interior Condition of Units: The description highlights common area aesthetics but provides no details on the interior condition or recent renovations of the four townhomes, suggesting they may be dated and require substantial capital investment to modernize and maximize rental income.
Absence of Financial Performance Data: As an investment property, the lack of information regarding current rental income, occupancy rates, lease terms, and operating expenses makes it challenging for potential investors to fully assess its financial viability and return on investment.