CA > Beverly Hills
Beverly Hills, CA 90212,405 Shirley Pl
Beverly Hills, CA 90212,405 Shirley Pl
Beverly Hills, CA 90212,405 Shirley Pl
23
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$7,000,000
Est. payment /mo
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21 Beds
21 Baths
13,122 SqFt
Active

405 Shirley Pl Beverly Hills, CA 90212

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Lisa Manczuk

Lisa Manczuk

+1(702) 927-4046

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,122 sqft

Price per Sqft $533

MLS Listing ID 25544177

Bedrooms 21

Year Built 1948

Lot Size 0.318 Acres

Acres 0.3177

Property Sub-Type Multi-Family

Property Description

Century Park Realty, Inc. is proud to present this pride-of-ownership 11-unit apartment complex located in prime Beverly Hills, across from Beverly Hills High School and at the gateway to Century City. 405 Shirley Place is a 13,122 SF building situated on a 0.32-acre lot, consisting of ten (10) spacious two-bedroom, two-bathroom units (averaging almost 1,200 SF) and one fully renovated standalone studio. The building features classic Beverly Hills charm with a leafy brick-gated courtyard, original crown moldings in units, and timeless architectural details with modern updates.This offering presents a compelling value-add opportunity, with a proven value add business plan already in motion. Five of the eleven units have been partially or fully updated as tenants naturally moved out over the year and those renovated units have achieved significantly higher rents (up to 95% rental premium through interior renovation), clearly demonstrating the potential to increase income across the board. A new owner can execute the same or similar renovation strategy to increase net operating income (NOI) by +/- 40% a clear path to increased cash flow and long-term value creation.Additional Opportunity to Acquire Adjacent Parcel(s)

Location

State CA

County Los Angeles

Area Beverly Hills

Zoning BHR4YY

Rooms

Other Rooms Other

Interior

Heating Wall

Cooling Wall/Window

Equipment Dishwasher, Intercom, Refrigerator

Laundry Community, Room

Exterior

Parking Features Covered Parking, Carport Detached

Garage Spaces 11.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Century Park Realty, Inc.

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Lisa Manczuk

Agent | RE.S.0180264

+1(702) 927-4046

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405 Shirley Pl