Sold
for $3,800,000
on 7/21/21
Spalding Manor is a tranquil 4-unit courtyard building on Spalding Drive in prime Beverly Hills. Oak gates with keypad entry secure the perimeter of the property offering additional privacy for its residents. Unit mix is 2 townhouse-style 3 bed 2.5 bath units, 1 townhouse-style 2 bed 1.75 bath unit, and a separate townhouse-style 1 bed 2 bath penthouse unit with no shared walls and its own large private rooftop balcony. Garage parking for 4 vehicles plus an additional uncovered parking space. A fantastic opportunity for commercial investors as well as for those who may wish to owner-occupy, as unit 262 will be delivered vacant (3 bed + 2.5 bath + formal dining room + bonus room/office with separate entry.) Great upside potential in one of the most coveted multi-family markets in the nation! Current tenants are reliable, quiet, and considerate. The asset is a stones throw from The Peninsula Hotel, Rodeo Drive, restaurants, shopping, great schools, and the downtown Beverly Hills lifestyle valued by residents and visitors alike. Half a block to Beverly Hills High School and Roxbury Park and less than a mile from Century City and the Westfield Mall. The Purple Line Extension Metro Stop, to be completed by 2025, is just a few blocks away, providing light rail commuters the ease of one-stop rides between Downtown Los Angeles and Westwood
Close Description