502 Smithwood Drive
Beverly Hills, CA, 90212 $ 3,995,000
Bedrooms8 Baths10.0 Sq 6,740 Monthly Estimate*
$ 27,906
for $3,995,000 with 8 bedrooms and 10 full baths. This 6,740 square foot home was built in 1953 on a lot size of 0.1653.
An unmissable income opportunity awaits the fortunate new owner of this fantastic fourplex, as motivated sellers have reduced and are ready to move! Presenting a rare chance to own four homes on a corner lot, centrally located on a prime tree-lined street in a coveted Beverly Hills neighborhood close to all. Live in one and rent out the others, or utilize this desirable fourplex as passive income, making this property a great investment offering lasting value for many years to come. Set behind charming wrought-iron gates, the building's delightful Mediterranean facade affords beautiful and welcoming curb appeal amidst lush plantings and mature leafy trees. These residences have been meticulously updated throughout and present a variety of modern amenities for today's lifestyle. The two larger units are mirror images of one another and each include a fireplace in the living room, formal dining room, breakfast nook, and kitchen with copious cabinetry and top-of-the-line stainless-steel appliances. The primary bedroom has an adjacent sitting room/office, additional bonus room, dual walk-in closets, and en-suite bathroom with separate tub and shower, water closet, and dual-sink vanity with makeup desk. Other bedrooms and bathrooms are well appointed and spacious. Two rear units offer one bedroom each. Shared outdoor spaces comprise multiple lounging patios, decks, grassy yards to roam and play, and a soothing fountain. The property is sited just moments to numerous entertainment and recreational venues including golf courses, parks, restaurants, theatres, museums, and the iconic shopping of famous Rodeo Drive. Century City and major freeways are just a short drive away.
See more
FeaturesGeneralInterior Features CeilingFans
Heating Fireplaces
Cooling CentralAir
Appliances Dishwasher Microwave Refrigerator Dryer Washer
Zoning BHR4*
Association Fee Includes Sewer
Patio/Porch Features Covered Deck Open Patio
Architectural Style Mediterranean
Security Features FireDetectionSystem GatedCommunity SmokeDetectors
Year Built 1953
View CityLights Courtyard
Stories 2
Levels Two
Gross Income 10450.0
Community Features Gated
County Los Angeles
Net Operating Income 107520.0
New Construction N
Property Type ResidentialIncome
Association Amenities Trash
HOA / Comm Assn N
Attached Garage Y
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions S. Beverly Drive to Whitworth Drive
City Beverly Hills
View Y/N Y
Senior Community Y/N N
Total Units 4
MLS Area C01 - Beverly Hills
Lot Size Square Feet 7201.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Smithwood
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition UpdatedRemodeled
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 201
Standard Status Active
Cap Rate 3.4
See more
ExteriorParking Features DoorMulti Driveway Garage
Total Parking 0.0
Lot Size Area 7201.0
Foundation Details Raised Slab
Number of Buildings 2
Spa N
Building Area Total 6740.0
Lot Size Acres 0.1653
Lot Size Units SquareFeet
Lot Size Source Owner
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
InteriorTotal Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Drive
Total Bedrooms 8
Electric On Property Y/N N
Total Baths 10
See more
* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $27,906
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Beverly Hills, CA
Average List Price $4,630,025
Percent of Sale Price 16%
About Beverly Hills, CA 34,311 Population
2% Since 2002
$ 110,424 Median Income
43.43 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
3/22/2024 | $3,995,000 | -6.98% | Price Down |
9/7/2023 | $4,295,000 | | Listed Price |