261 S Reeves Drive Ph3, Beverly Hills, California 90212, Beverly Hills, 90212 - 2 bed, 3 bath
261 S Reeves Drive Ph3
Beverly Hills, California 90212
Property Price
SUMMARY
Analysis of 261 S Reeves Drive Ph3, Beverly Hills, California 90212 is currently available with a list price of $1,450,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Beverly Hills Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2007, this property falls within the 10-20 year age range for a 'good' condition score. The penthouse is move-in ready and features high-end finishes including Viking appliances, stone countertops, and a spa-inspired primary bathroom with a soaking tub and dual vanity. While the interior is sophisticated and well-maintained with premium fixtures and skylights, it does not meet the 'excellent' criteria as there is no evidence of a full renovation within the last five years.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Service
Situated in the heart of Beverly Hills near Rodeo Drive, this penthouse offers a luxury lifestyle with 24/7 concierge service and exclusive building amenities.
- Premium Interior Features
The unit boasts high ceilings, skylights, Viking appliances, and French doors leading to a private patio, creating a bright and sophisticated living space.
- Exceptional Parking Assets
Includes three side-by-side parking spaces and private storage, a rare and highly valuable commodity for a condominium in this high-density area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1400, other record living area = 2190. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- High Monthly HOA Fees
The association fee of $2,413 per month represents a significant recurring cost that may impact the overall affordability and investment yield.
- Compact Penthouse Footprint
With 1,400 square feet of living space, the unit is relatively small for a penthouse, which may limit its appeal to buyers seeking more expansive luxury accommodations.
About 261 S Reeves Drive Ph3
Welcome to this bright 2 Bedroom - 2.5 Bathroom PENTHOUSE offering exceptional Privacy and refined elegance in the heart of Beverly Hills, complete with 24/7 Concierge service. Bathed in natural light from every angle, this sophisticated residence showcases an open floor plan, high ceilings, skylights, a cozy fireplace, and captivating City views. The living room features two sets of French doors opening to an open patio, perfect for morning tea or evening wine. The chef's kitchen is appointed with premium Viking appliances, beautiful countertops, and seamless flow into the dining area perfect for gathering. The spacious primary suite offers a custom walk-in wardrobe and a spa-inspired en-suite bath with skylight, soaking tub, separate shower, and dual vanity. A beautifully appointed guest bedroom framed by palm trees and expansive windows adds a serene, modern touch. Enjoy the convenience of an in-unit laundry room, powder room, 3 side-by-side parking spaces, and private storage. Residents of Maison Reeves Condominiums indulge in exclusive amenities including a fitness center, sauna, and 24H service concierge. Ideally located moments from world-class shopping on Rodeo Drive, renowned dining, and premier entertainment.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2007
- Lot Size
- 23,828 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2413.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,400 | 1,977 | 21% |
| Lot Size | 23,828 | 18,111 | 64% |
| Price | $1.45M | $1.72M | 36% |
| Price per sq ft | $1.0K | $961 | 50% |
| Built year | 2007 | 1990 | 57% |
| HOA | $2413.0 | $2.7K | 50% |
| Days on market | 3 | 153 | 7% |
Pricing History
Listed for Sale
Mar 3, 2026
$1,450,000
Initial Listing
Sold
Jul 8, 2010
$1,400,000
Public Record