405 Shirley Place
Beverly Hills, CA 90212
Map
- – beds
- – baths
- – sqft
- 13,840 sqft lot
- 1948 build
- – on site
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)
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Last updated May 28, 2025
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MLS# 25544177 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/28/25
May 28, 2025
|
Listed / Active | CRMLS_CA | $7,000,000 | 2.2% (0.3% / YR) |
|
9/27/18
Sep 27, 2018
|
CRMLS_CA | $6,850,000 |
