Constructed in 1938, the property sits on a 6,070 square foot parcel and consists of a two-story building with a detached carport offering six covered parking spots. The unit mix comprises (6) six large one-bedroom, one-bathroom units, each measuring approximately 800 square feet. Available for purchase on the open market for the first time in more than four decades, 141 South Canon Drive has been meticulously cared for by its current owners. They have made significant capital improvements over the years, such as a new roof and completely replacing the plumbing with copper pipes. By taking advantage of the premium rental rates typically associated with character-style buildings in Beverly Hills, this presents a rare opportunity to start benefiting from increased returns right from day one. This property is located in a highly sought-after rental submarket that is in need of renovated units, making it an exceptional investment opportunity. Nestled in an enclave of luxury, 141 South Canon Drive enjoys a prime location just south of Wilshire Boulevard in Beverly Hills and one block away from the famed South Beverly Drive, providing residents with access to an array of upscale boutiques, fine dining establishments, and cultural attractions within walking distance of the prestig
MLS #
CRSR24091815
MLS Source
California Regional MLS
Laundry
None
Garage/Parking
Detached, Garage: 6 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
141 S Canon Dr is a Residential Income in Beverly Hills, CA 90212. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1938.
This address can also be written as 141 S Canon Dr, Beverly Hills, CA 90212.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 31, 2024. For the most current information, please contact Vincent Norris, (424) 422-0904