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308 S Reeves Dr, Beverly Hills, CA 90212

Sale Price: $3,652,000
Jan 21, 20255,606 sqft4 beds8 baths
Listed by: Jordan Asheghian
License #: 01886605
Phone #: 310-425-9838
Lyon Stahl Investment Real Estate, Inc.
Source:
CRMLS Logo
MLS #: 25486971

Property Description

Reduced $150,000! Highest Cap Rate in Beverly Hills! Over $400,000 in Recent Upgrades/Renovations! 308 S Reeves Dr is an 8 Unit Apartment Building built in 1939. The property is located in an A+ Beverly Hills Location just north of Olympic Blvd and East of S Beverly Dr. The property offers an excellent unit mix comped of all Studio & 1 Bedroom / 1 Bathroom units. Spacious Units Averaging Approx. 701 SF Each. 5 of 8 Units Extensively Renovated. New Plumbing (5 Renovated Units), New Paint, New Landscaping. Carport in back offers 6 Parking Spaces. Potential ADU Opportunities
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$58,230

TurboHome Estimated Value

$3,813,500

$680 sqft

High Valuation
$4,004,175
$714/sqft
Normal Valuation
$3,813,500
$680/sqft
Low Valuation
$3,622,825
$646/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$680/sqft$3,813,500

Neighborhood

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Comparative Value

$3.65M

$3.75M

$5.15M

308 S Reeves Dr, Beverly Hills, CA 90212

Sale Price: $3,652,000

Selected Comparable

308 S Reeves Dr, Beverly Hills, CA 90212

List Price: $3,745,000

Subject Property

1565 Reeves St, Los Angeles, CA 90035

Sale Price: $5,149,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
308 S Reeves Dr, Beverly Hills, CA 90212

308 S Reeves Dr, Beverly Hills, CA 90212

List: $3,745,000

Listed: 1/21/2025

Area:5,606 sqft
Price/sqft:$668
Beds:4
Baths:8
Year Built:
Lot Size:6,070

Comparable Properties

COMPARABLE
Choose comps
308 S Reeves Dr, Beverly Hills, CA 90212

308 S Reeves Dr, Beverly Hills, CA 90212

Sale: $3,652,000

4/15/20250.00 mi

Area:5,606 sqft
Price/sqft:$651
Beds:4
Baths:8
Year Built:
Weight:59.1%
1565 Reeves St, Los Angeles, CA 90035

1565 Reeves St, Los Angeles, CA 90035

Sale: $5,149,000

10/1/20240.77 mi

Area:5,390 sqft
Price/sqft:$955
Beds:5
Baths:8
Year Built:
Weight:40.9%

How it Works

1

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2

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Everything you'd expect your agent to do: pricing, listing, photos, staging, open houses, and negotiating
3

You get big savings

You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
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