This is part of "The Six Building Trophy Portfolio" Properties can be sold individually or as a Portfolio. We are pleased to present the exclusive listing of a nine (9) unit apartment building, currently operating as six (6) units, located at 425-427 Shirley Place in Beverly Hills, California. The offering is situated in the world-renown Beverly Hills neighborhood, just South of Olympic Boulevard and East of Century Park East. Built in 1939, the Shirley Place Apartments have been well-maintained by the same ownership for over 50 years. This property's architectural significance shines through the series of elegant white pillars at its front doorstep. This New Orleans style apartment building exudes period specific charm such as huge French doors opening to a spacious Southern style private porch overlooking lush landscaping. The building features a very strong unit mix consisting of four (4) 1 bed / 1 bath units, two (2) 3 bed / 2 bath with dining room units, and three (3) studio ADUs. The studio ADUs average approximately 350 square feet each. Previously single apartments, they currently are gutted, with permits and blueprints in place ready for them to be renovated and brought back to market. The total size of the building is approximately 6,877 square feet and sits on a 5,999 square foot lot that is BHR4YY zoned.The offering is nestled within the heart of Beverly Hills, between Beverly Hills High School, Roxbury Park, and the Century City Mall. The Shirley Place apartments reside on the same block as many multi-million dollar, Beverly Hills homes. This is one of the most coveted neighborhoods in the County, being within the Beverly Hills School district as it is in close proximity to the Beverly Hills High School. Everything from luxury five-star hotels, designer brand shopping, and Michelin star dining options, are within a short walking distance from Shirley Place. Commuters will appreciate this property's central location in Beverly Hills provides easy access to popular public transit options, like the Expo Line, and major arterial thoroughfares like the 10 and 405 freeways. The Shirley Play Apartments provide an experienced investor a once-in-a-century opportunity to capitalize on an A+++ location with extreme value add potential.
Property Details
Property Features
Property Information:
Year Built: 1939
Stories: 2
Living Area: 5,999 SqFt
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Eliyahu Appel
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 10
Exterior Features
Parking Information:
Parking: Covered
Lot Features
Lot Information:
Lot Size: 0.16 Acres
Utilities
Utilities Information:
Heating: Natural Gas
Cooling: Wall/Window Unit(s)
School Info
Assigned Schools Information:
Beverly Hills High School, Public District Grades 9-12
Other
Directions Information:
Directions: West of Roxbury Park
Price Information
Listing Price Info
Price Summary:
List Price: $3,700,000
Price Per SqFt: $617/SqFt
Tax Information:
Annual Amount: $10,332
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Beverly Hills, CA.
This property is $525.7K more than the Median Sold Price and $425/SqFt less than other homes in Beverly Hills, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #23334857
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Eliyahu Appel
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/2/2024, 12:25:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$10,332
$799,202
2020
$10,053
$790,415
2019
$9,602
$774,918
2018
$9,348
$759,724
2017
$9,348
$744,829
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
High School
9
/10
Beverly Hills High School
241 S Moreno Dr
Distance between this listing and this school0.23 miles
Public District Grades 9-12
Nearby Schools
8
/10
Canfield Avenue Elementary School
9233 Airdrome St
Distance between this listing and this school1.23 miles
Public District Grades KG-5
9
/10
Fairburn Avenue Elementary School
1403 Fairburn Ave
Distance between this listing and this school1.25 miles
Public District Grades KG-5
9
/10
Westwood Charter Elementary School
2050 Selby Ave
Distance between this listing and this school1.38 miles
Public Charter Grades KG-5
Nearby Schools
8
/10
Beverly Vista Elementary School
200 S Elm Dr
Distance between this listing and this school0.99 miles
Public District Grades KG-8
8
/10
Hawthorne Elementary School
624 N Rexford Dr
Distance between this listing and this school1.47 miles
Public District Grades KG-8
6
/10
Ralph Waldo Emerson Middle School
1650 Selby Ave
Distance between this listing and this school1.51 miles
Public District Grades 6-8
Assigned Schools
9
/10
Beverly Hills High School
241 S Moreno Dr
Distance between this listing and this school0.23 miles
Public District Grades 9-12
Nearby Schools
5
/10
Alexander Hamilton Senior High School
2955 S Robertson Blvd
Distance between this listing and this school1.96 miles
Public Magnet Grades 9-12
8
/10
Los Angeles Center For Enriched Studies
5931 W 18th St
Distance between this listing and this school2.40 miles
The neighbors living near this home have an average income of $102,539. The majority of Beverly Hills, CA residents have income $200k+ annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 425 Shirley Pl
What is the listing price of this property?
The listing price of 425 Shirley Pl property is $3,700,000.
What type of property is this?
The property 425 Shirley Pl is a house located in Beverly Hills, California, 90212.
Is this property for sale now?
Active Listing: 425 Shirley Pl is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 425 Shirley Pl are: Beverly Hills High School: GreatSchools Rating 9/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $10,332 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 425 Shirley Pl has 10 bedrooms and 8 bathrooms.
What is the square footage of this property?
The property 425 Shirley Pl is 5,999 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 425 Shirley Pl is 1939.
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This home is located at 425 Shirley Pl in Beverly Hills, CA and zip code 90212 in the The Westside neighborhood. This 5,999 square foot home, which was built in 1939, sits on a 0.16 acre lot. Features: 10 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since November 28, 2023 and is currently priced at $3,700,000.
In April 2024, from all listings sold in Beverly Hills, CA there were more than 4 sold above asking price, over 20 sold below and more than 3 were sold right at the asked price. The number of listings in Beverly Hills, CA increased by 18.5% between March 2024 and April 2024. The median list price of listings available in April 2024 was $3,174,250, while the average time on the real estate market was 67 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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