257 North Almont Drive

We are pleased to present the exclusive listing of 257, 259, 261 and 263 N Almont Drive, a charming, well-maintained 4-unit apartment home. Built in 1935 and held by the same ownership for over 5 decades, this property marries historic Spanish-style architecture with contemporary upgrades, including Central Air… Conditioning and Heat. The unit mix offers two townhomes one featuring 3 bedrooms (one of which is an infant nook) and the 2 other bedrooms both with 1 full bathroom, plus an additional half bathroom. Additionally, two 2-bedroom ats provide further exibility in leasing options. Many units are equipped with in-unit washer-dryer facilities, enhancing tenant satisfaction. From an investor's perspective, the property ensures tenant retention and demand through meaningful upgrades and secure covered parking spaces, totaling four in number. Ideally located in the unique quiet neighborhood pocket of the southwest corner of Dayton Way and Almont Dr 2 blocks East Doheny and 4 blocks west of Robertson, 2 blocks north of Wilshire Boulevard, and 1 block south of Burton Way. The property's proximity to renowned attractions such as Rodeo Drive, Beverly Gardens Park, Greystone Mansion and Park, and the Wallis Annenberg Center for the Performing Arts enhances its appeal to existing and potential tenants, ensuring a competitive edge in the rental market. Furthermore, the area is surrounded by world-class dining options, offering investors an added advantage in attracting high-quality tenants. Notable restaurants nearby include Spago, Mastro's Steakhouse, Il Pastaio, The Ivy, and Nobu Beverly Hills. In summary, this exclusive investment opportunity at 257-263 N Almont Drive, BH combines a prime location, versatile unit mix, access to Beverly Hills' elite demographics, and superior existing tenants and property manager, make this rare treasure an enticing offering in one of the most prestigious neighborhoods in Beverly Hills. Buyer to verify information independently and with listing broker Read More