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Offered for the first time in nearly five decades! This is a rare chance to acquire a six-unit multifamily asset in the City of Beverly Hills, one of the most prestigious and supply-constrained rental markets in Southern California. The property sits at Gregory Way and South Reeves Drive, between Wilshire and Olympic Boulevards, one block from South Beverly Drive's boutique shops, cafes and restaurants. Rodeo Drive and the Golden Triangle are within walking distance, and Century City and Pico-Robertson are minutes away. The same family has held 9430 Gregory Way since the 1970s. It is fully occupied, with in-place rents well below market. In-place rents are about $17,635 per month against pro forma market rents of $25,500, which is more than 40% of rental upside as units turn over and are brought up to modern standards. An investor gets stable income on day one and substantial long-term upside at an irreplaceable Beverly Hills address.The property has an excellent unit mix of (1) One-Bedroom/One-Bathroom unit,(2) Two-Bedroom/One-Bathroom units, (2) Two-Bedroom/One-and-a-Half-Bathroom units, and (1) Three-Bedroom/Two-Bathroom unit. It offers about 7,599 square feet of building area on a 7,283-square-foot R4-zoned lot, and the units average more than 1,200 square feet. Floor plans of that size are increasingly hard to nd in the Beverly Hills rental market. With a Walk Score of 94, the property puts the restaurants, cafs, shopping and neighborhood amenities of South Beverly Drive and the Golden Triangle right outside the front door. Residents also enjoy the Beverly Hills Unified School District, are close to Cedars-Sinai Medical Center, and have easy access to Century City's employment base and the Metro D Line extension along Wilshire Boulevard. Ownership has already invested in the building with a new roof, and the units are separately metered for gas and electric. With a completed SB 721 balcony inspection and seismic gas shut-off valves installed at every unit, 9430 Gregory Way is ready for its next owner. Opportunities that combine generous oor plans, recent capital improvements and meaningful rental upside in the City of Beverly Hills are exceedingly rare. This is a chance for a discerning investor to secure a long-term hold at one of the most desirable residential addresses in Los Angeles.
Property Type(s):
Residential Income
| Last Updated | 11/2/2026 | Year Built | 1949 |
|---|---|---|---|
| Community | C01 - Beverly Hills | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | C01 - Beverly Hills |
| HEAT | None |
| LOT | 7288 sq ft |
| LOT DIMENSIONS | 7286 |
| STORIES | 2 |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR 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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