Property Detail

Description

Incredible opportunity to own a well-maintained 5-unit courtyard building in prime Beverly Hills, north of Wilshire. First time on the market in decades, 327329 N. Swall features two front-facing, two-story 2BD/1.5BA townhomes, two 2BD apartments in the rear, and one charming bachelor unit. Significant recent upgrades include new roofs, full gas and water repipe with new water heaters (2024), updated kitchens and baths, new appliances, and more. Current gross income is approx. $197,364/year with low operating expenses and minimal deferred maintenance. Projected cap rate is over 5% at asking price. A+ location near Rodeo Drive, Century City, and world-class amenities. This is a rare, stabilized asset offering strong in-place income and long-term upside in one of LA's most coveted rental markets.