About 218 S Tower Drive
First time on the market in 26 years. Well maintained property with significant (25%) upside in rents. Priced at 12.3 x gross and 5% cap at closing; 9.8 x gross and 7% cap with rents at market. $309,375/unit and $367/bldg. S.F.
Features of 218 S Tower Drive
| MLS® # | 26672315 |
|---|---|
| Price | $9,900,000 |
| Bedrooms | 1 |
| Bathrooms | 2.00 |
| Square Footage | 26,972 |
| Acres | 0.29 |
| Year Built | 1929 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 218 S Tower Drive |
|---|---|
| Area | C01 - Beverly Hills |
| City | Beverly Hills |
| County | Los Angeles |
| Zip Code | 90211 |
Amenities
| Parking Spaces | 12 |
|---|---|
| Parking | Assigned |
| Garages | Assigned |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 4 |
| Stories | Three Or More |
Additional Information
| Date Listed | March 30th, 2026 |
|---|---|
| Days on Market | 135 |
| Zoning | BHR475 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Hamid Soroudi |
|---|---|
| Office | Keller Williams Beverly Hills |