205 S Reeves Dr, Beverly Hills, CA 90212 | For Sale

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For Sale $3,700,000 ($697.98 per Sq Ft)

$3,700,000 ($697.98 per Sq Ft)
  • (0)
  • 9 Bedrooms
  • 7.00 Bathrooms
  • 5,301 Sq Ft
  • 6,060 Sq Ft

Description

205 S Reeves Drive is a charming four unit multifamily asset situated in one of Southern California's most coveted, supply constrained rental markets. Originally constructed in 1935, the property benefits from classic Spanish style architecture and a premier Beverly Hills location a few steps from Beverly Drive's dining, retail, and lifestyle amenities. This exceptional positioning continues to drive strong and consistent tenant demand supported by walkability, proximity to employment centers, and the city's high barriers to new development. The asset features an attractive and highly desirable unit mix anchored by larger format residences rarely found in comparable four unit properties. The configuration includes two expansive three bedroom units (one 3bedroom/3bath and one 3bedroom/2bath), complemented by a 2bedroom/1bath and a 1bedroom/1bath unit. These larger layouts appeal to families, professionals, and long term tenants, contributing to reduced turnover, durable income, and meaningful upside through interior renovation and rental growth. Residences are equipped with air conditioning and heating, functional kitchens, and select fireplaces, enhancing livability and tenant comfort. Additional amenities include in unit and onsite laundry, covered parking, and a private central courtyard features that further support tenant retention and long term occupancy. Period finishes and Spanish architectural details differentiate the property from surrounding multifamily inventory while preserving its timeless Beverly Hills character. Located south of Wilshire Boulevard and adjacent to Beverly Hills' Golden Triangle business district, 205 S Reeves Drive offers walkable access to major employment hubs, parks, high end retail, and renowned cultural destinations. Tenants benefit from immediate proximity to Urth Caffe, Chaumont Bakery & Cafe, Parakeet Cafe, and Maru Espresso Bar, as well as top dining destinations including Bacari Beverly Hills, Matu, and All'Antico Vinaio. Daily conveniences such as Whole Foods Market, Pavilions, Beverly Canon Gardens, and world class shopping along Rodeo Drive further reinforce the property's exceptional livability. Situated in an irreplaceable Beverly Hills location, 205 S Reeves Drive offers the opportunity to acquire a distinguished multifamily asset defined by long term desirability, timeless character, and enduring value in a tightly held Los Angeles submarket.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $3,700,000
Property Type Fourplex (4-units)
Usable Sqft 5,301
Number of Stories 0 stories
Parking Spots 5 spots
Year Built 1935
Last Sold Unknown
Sold Price Unknown
APN # 4331003002
MLS # 26646779
Property ID 293106315
Lot Sqft 6,060
Zoning BHR4YY
Total Units 4
Days on Market 375
Original List Price $3,700,000
Date Updated February 06, 2026
Date Created February 03, 2025
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 3 3.00 $7,995 $7,995
Unit #2 3 2.00 $4,515 $7,995
Unit #3 2 1.00 $1,992 $4,000
Unit #4 1 1.00 $2,900 $3,700
Gross Income (Yr) $ 202,559
Operating Expenses $ 67,493
Net Income (Yr) $ 135,066
Cap Rate3.65%
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Listing Provided By

Eliyahu Appel an agent of . Lic #01918652


© 2026 CARETS and TheMLS. All rights reserved. Based on information from CARETS as of February 06, 2026 The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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.



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