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.
For sale
Price cut: $105K (3/18)
$3,595,000
205 S Reeves Dr, Beverly Hills, CA 90212
9beds
7baths
5,301sqft
Est.:
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
- 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#: 26646779
Tour with a local agent
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
Estimated market value
Not available
Estimated sales range
Not available
$6,077/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/18/2026 | Price change | $3,595,000-2.8%$678/sqft |
Source: | ||
| 2/3/2026 | Listed for sale | $3,700,000-7.4%$698/sqft |
Source: | ||
| 7/3/2025 | Listing removed | $8,350$2/sqft |
Source: | ||
| 5/7/2025 | Listed for rent | $8,350-16.5%$2/sqft |
Source: | ||
| 4/10/2025 | Listing removed | $9,995$2/sqft |
Source: | ||
| 3/28/2025 | Price change | $9,995-9.1%$2/sqft |
Source: | ||
| 2/25/2025 | Price change | $10,995-8.4%$2/sqft |
Source: | ||
| 2/4/2025 | Listed for rent | $12,000-20%$2/sqft |
Source: | ||
| 1/27/2025 | Listing removed | $15,000$3/sqft |
Source: | ||
| 1/19/2025 | Listed for rent | $15,000$3/sqft |
Source: | ||
| 6/14/2024 | Listing removed | -- |
Source: | ||
| 3/18/2024 | Listed for sale | $3,995,000+32.5%$754/sqft |
Source: | ||
| 12/19/2022 | Sold | $3,015,000-13.9%$569/sqft |
Source: Public Record Report a problem | ||
| 12/6/2022 | Pending sale | $3,500,000$660/sqft |
Source: | ||
| 10/11/2022 | Listed for sale | $3,500,000$660/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- 7/10Horace Mann Elementary SchoolGrades: K-5Distance: 0.9 mi
- 8/10Beverly Vista Elementary SchoolGrades: 6-8Distance: 0.2 mi
- 9/10Beverly Hills High SchoolGrades: 9-12Distance: 0.8 mi






