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For sale
  • Price cut: $105K (3/18)
    $3,595,000

    205 S Reeves Dr, Beverly Hills, CA 90212

    9beds
    7baths
    5,301sqft
    : 
    Multi Family
    Built in 1935
    -- sqft lot
    $-- Zestimate®
    $678/sqft
    $-- HOA

    What's special

    Covered parkingPrivate central courtyardClassic spanish style architectureFunctional kitchensLarger format residencesSelect fireplacesAir conditioning and heating
    205 S Reeves Drive is a charming four unit multifamily asset situated in one of Southern California's most coveted, supply constrained rental markets. Originally constructed in 1935, the property benefits from classic Spanish style architecture and a premier Beverly Hills location a few steps from Beverly Drive's dining, retail, and lifestyle amenities. This exceptional positioning continues to drive strong and consistent tenant demand supported by walkability, proximity to employment centers, and the city's high barriers to new development. The asset features an attractive and highly desirable unit mix anchored by larger format residences rarely found in comparable four unit properties. The configuration includes two expansive three bedroom units (one 3bedroom/3bath and one 3bedroom/2bath), complemented by a 2bedroom/1bath and a 1bedroom/1bath unit. These larger layouts appeal to families, professionals, and long term tenants, contributing to reduced turnover, durable income, and meaningful upside through interior renovation and rental growth. Residences are equipped with air conditioning and heating, functional kitchens, and select fireplaces, enhancing livability and tenant comfort. Additional amenities include in unit and onsite laundry, covered parking, and a private central courtyard features that further support tenant retention and long term occupancy. Period finishes and Spanish architectural details differentiate the property from surrounding multifamily inventory while preserving its timeless Beverly Hills character. Located south of Wilshire Boulevard and adjacent to Beverly Hills' Golden Triangle business district, 205 S Reeves Drive offers walkable access to major employment hubs, parks, high end retail, and renowned cultural destinations. Tenants benefit from immediate proximity to Urth Caffe, Chaumont Bakery & Cafe, Parakeet Cafe, and Maru Espresso Bar, as well as top dining destinations including Bacari Beverly Hills, Matu, and All'Antico Vinaio. Daily conveniences such as Whole Foods Market, Pavilions, Beverly Canon Gardens, and world class shopping along Rodeo Drive further reinforce the property's exceptional livability. Situated in an irreplaceable Beverly Hills location, 205 S Reeves Drive offers the opportunity to acquire a distinguished multifamily asset defined by long term desirability, timeless character, and enduring value in a tightly held Los Angeles submarket.
    51 days
    |
    736
    |
    20
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 18, 2026 at 03:16am

    Listed by:

    Eliyahu Appel DRE # 01918652 818-390-4181,

    Marcus & Millichap 818-212-2700

    Source: CLAW,MLS#: 26646779MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 7
      Heating
      • Central, Fireplace(s)
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator, Range/Oven, Dishwasher
      • Laundry: In Unit, Laundry Area
      Interior area
      • Total structure area: 5,301
      • Total interior livable area: 5,301 sqft

      Property

      Parking
      • Total spaces: 5
      • Parking features: Garage - 1 Car
      • Has garage: Yes
      • Covered spaces: 5
      Features
      • Levels: Multi/Split
      Lot
      • Size: 6,059.2 Square Feet
      Details
      • Additional structures: None
      • Parcel number: 4331003002
      • Zoning: BHR4YY
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Spanish
      • Property subtype: Multi Family
      Condition
      • Year built: 1935

      Community & HOA

      Location
      • Region: Beverly Hills

      Financial & listing details

      • Price per square foot: $678/sqft
      • Tax assessed value: $3,136,806
      • Annual tax amount: $38,224
      • Date on market: 2/3/2026
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $6,077/mo

        Price history

        Price history
        DateEventPrice
        3/18/2026Price change$3,595,000-2.8%$678/sqft
        Source: CLAW #26646779 Report a problem
        2/3/2026Listed for sale$3,700,000-7.4%$698/sqft
        Source: CLAW #26646779 Report a problem
        7/3/2025Listing removed$8,350$2/sqft
        Source: CLAW #25535077 Report a problem
        5/7/2025Listed for rent$8,350-16.5%$2/sqft
        Source: CLAW #25535077 Report a problem
        4/10/2025Listing removed$9,995$2/sqft
        Source: CLAW #25493525 Report a problem
        3/28/2025Price change$9,995-9.1%$2/sqft
        Source: CLAW #25493525 Report a problem
        2/25/2025Price change$10,995-8.4%$2/sqft
        Source: CLAW #25493525 Report a problem
        2/4/2025Listed for rent$12,000-20%$2/sqft
        Source: CLAW #25493525 Report a problem
        1/27/2025Listing removed$15,000$3/sqft
        Source: CLAW #25-485511 Report a problem
        1/19/2025Listed for rent$15,000$3/sqft
        Source: CLAW #25-485511 Report a problem
        6/14/2024Listing removed--
        Source: CLAW #24-369877 Report a problem
        3/18/2024Listed for sale$3,995,000+32.5%$754/sqft
        Source: CLAW #24-369877 Report a problem
        12/19/2022Sold$3,015,000-13.9%$569/sqft
        Source: Public Record Report a problem
        12/6/2022Pending sale$3,500,000$660/sqft
        Source: CRMLS #CV22219936 Report a problem
        10/11/2022Listed for sale$3,500,000$660/sqft
        Source: CRMLS #CV22219936 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$38,224 +2.2%$3,136,806 +2%
        2024$37,406 +1.8%$3,075,300 +2%
        2023$36,736 +112.6%$3,015,000 +114.1%
        2022$17,282 +3.1%$1,408,548 +2%
        2021$16,758 +0.4%$1,380,930 +1%
        2020$16,699 $1,366,771 +2%
        2019$16,699 +7%$1,339,973 +2%
        2018$15,600 $1,313,700 +2%
        2017$15,600 +2.4%$1,287,943 +2%
        2016$15,239 +2.1%$1,262,691 +1.5%
        2015$14,929 +7.8%$1,243,725 +2%
        2014$13,853 $1,219,363 +5.3%
        2010-- $1,158,001 -0.2%
        2009-- $1,160,753 +2%
        2008-- $1,137,994 +2%
        2007-- $1,115,681 +2%
        2006-- $1,093,806
        2005-- $1,093,806 +4%
        2004-- $1,051,334 +1.9%
        2003-- $1,032,066 +2%
        2002-- $1,011,830 +4%
        2000-- $972,541

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $21,831/mo
        Principal & interest
        $18296
        Property taxes
        $3535
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          Climate risks

          Neighborhood: Southwest Doheny

          Getting around

          97 / 100
          Walker's Paradise
          58 / 100
          Good Transit
          60 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

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