Finding the best condo in Beverly Hills means looking beyond the asking price. Location, interior condition, views, building amenities, and long-term ownership expenses all influence whether a property represents genuine value. This updated two-bedroom, two-bathroom condominium on Oakhurst Drive offers an interesting combination of these features, with approximately 1,560 square feet of interior space, a remodeled kitchen, panoramic city views, and a spacious sixth-floor balcony.
Located in a desirable residential pocket just blocks from downtown Beverly Hills, the property offers a quieter neighborhood setting while keeping shopping, dining, and entertainment within convenient reach. However, two financial details deserve careful attention: monthly homeowners association dues of approximately $1,000 and a separate land-lease payment of approximately $400 per month.
Could this be the right condo for your Beverly Hills lifestyle? Let’s look at the property’s highlights, neighborhood advantages, and ownership considerations that buyers should understand before making a decision.
Watch the Oakhurst Drive Beverly Hills Condo Tour
YouTube URL: https://www.youtube.com/watch?v=UBUOp9BBWyY
The video tour offers a closer look at the residence, including its updated interior, kitchen, balcony, and city views. Watching the property tour before exploring the financial considerations can help buyers decide which questions to ask during an in-person showing.
What Makes This Oakhurst Drive Condo Stand Out?
A property can offer value in several ways. For some buyers, it is about having more usable space. For others, it is about the convenience of the location, the quality of the interior, or features that make everyday living more enjoyable.
This Oakhurst Drive residence brings several of those considerations together.
Approximately 1,560 Square Feet of Living Space
With approximately 1,560 square feet, this two-bedroom, two-bathroom condominium offers room for more than the basics. The additional space may appeal to buyers who want separate areas for relaxing, entertaining, working from home, or accommodating overnight guests.
The two-bedroom layout also gives buyers flexibility as their needs change. A second bedroom might serve as a home office, guest room, or multipurpose space, depending on the owner’s lifestyle.
When comparing condos in Beverly Hills, look beyond the bedroom count. Consider how efficiently the square footage is used, the separation between bedrooms, storage, natural light, and the relationship between the living and dining areas.
A Remodeled Kitchen
The remodeled kitchen is another notable feature. An updated kitchen can improve everyday functionality and create a more cohesive interior, particularly for buyers who enjoy cooking or entertaining at home.
During a showing, buyers should examine the quality of the finishes, cabinet storage, countertop materials, appliances, ventilation, and available workspace. They should also ask about the renovation history and whether any relevant permits or warranties are available.
A remodeled kitchen can be appealing, but its value ultimately depends on the quality of the work and how well it meets the buyer’s needs.
A Spacious Sixth-Floor Balcony With Panoramic City Views
One of the property’s defining features is its spacious sixth-floor balcony overlooking the city.
Outdoor space can be particularly attractive in a condominium because it provides an extension of the interior living area without requiring a private yard. Depending on the balcony’s layout, owners may be able to create a comfortable setting for morning coffee, reading, or entertaining guests.
The panoramic views also contribute to the property’s appeal. However, buyers should evaluate the outlook in person, consider privacy and sun exposure, and ask about balcony maintenance responsibilities and any applicable building restrictions.
For someone who values natural light, outdoor access, and a sense of openness, this feature could be an important part of the property’s overall value.
Living Near Downtown Beverly Hills
Location is a major part of the appeal of this Oakhurst Drive condominium. Its residential setting offers access to downtown Beverly Hills without placing the home directly in the middle of the area’s busiest commercial streets.
Shopping, Dining, and Entertainment Nearby
Downtown Beverly Hills is known for its luxury shopping, restaurants, cafés, and entertainment options. Rodeo Drive is the city’s best-known shopping destination, while Beverly Drive and surrounding streets offer additional places to dine, shop, and spend time outdoors.
Living a short distance from these destinations can make it easier to incorporate local outings into everyday life. Buyers may appreciate being able to meet friends for dinner, browse shops, or enjoy a weekend coffee without planning a longer drive.
The actual walking experience depends on the building’s exact location, preferred destination, and route. Buyers should walk the neighborhood during a showing to assess distances, street activity, and convenience for themselves.
A Residential Setting With Access to City Amenities
Oakhurst Drive’s residential character may appeal to buyers who want access to downtown while preferring a home away from the busiest retail corridors.
Nearby public amenities add another dimension to the location. The City of Beverly Hills Public Library provides a community resource for reading, learning, and public programs. The city also maintains parks and recreational facilities for outdoor activities and community events.
For buyers relocating to Los Angeles, it is worth considering how these everyday amenities fit into the lifestyle they want. A location’s value is not defined solely by its address or proximity to luxury shopping. It also comes from how conveniently it supports daily routines.
Transportation and Getting Around
Although downtown Beverly Hills offers walkable destinations, many residents still rely on a car for commuting and trips throughout Los Angeles.
Before purchasing, consider your usual destinations, likely commute times, parking arrangements, and access to public transportation. The City of Beverly Hills transit information provides details about local and regional transportation services.
Buyers should also confirm the condo’s parking allocation, including whether spaces are assigned, the number of spaces included, and any restrictions on guest parking.
Is This the Best Condo in Beverly Hills for the Money?
The answer depends on how the property’s features align with your priorities and what the complete cost of ownership looks like.
The updated interior, two-bedroom layout, balcony, city views, and proximity to downtown are attractive features. Yet a meaningful value assessment must also account for the building’s financial structure.
A condo with impressive views and a convenient location may still be the wrong choice if its recurring expenses exceed a buyer’s budget. Conversely, a buyer who places a high value on location, usable space, and outdoor living may find those features worth the additional expense.
The most useful approach is to compare this property with similar condominiums based on:
- Interior square footage and floor plan.
- Renovation quality and overall condition.
- Views, outdoor space, and natural light.
- Parking, amenities, and building maintenance.
- Monthly HOA dues and land-lease obligations.
- Recent comparable sales and competing listings.
Without verified current pricing and comparable sales, it would be premature to label this condo the least expensive or best-priced option in Beverly Hills. The stronger question is whether the complete package represents good value for the individual buyer.
Understanding the HOA Fees and Land Lease
One of the most important aspects of this property is the distinction between the HOA dues and the land-lease payment.
According to the property information provided for the video, the HOA fee is approximately $1,000 per month. The building also has a land lease extending through 2070, with a separate payment of approximately $1,200 every three months.
These are two different obligations, and buyers should evaluate both before deciding whether the property fits their budget.
What Do the Monthly Costs Add Up To?
Using the stated amounts, the recurring expenses are:
| Expense | Approximate cost |
| Monthly HOA dues | $1,000 |
| Monthly equivalent of land lease | $400 |
| Combined monthly total | $1,400 |
| Combined annual total | $16,800 |
These figures are estimates based on the supplied property description, not independently verified current charges. They exclude the mortgage, property taxes, insurance, utilities not covered by the HOA, maintenance, and other ownership expenses.
Buyers should obtain current documentation confirming the actual amounts, payment schedules, and what the HOA covers.
What Buyers Should Know About a Land Lease
A land lease generally means that the land beneath a property is leased rather than owned outright by the individual property owner. The specific legal structure can vary, so buyers should not assume that all land leases work the same way.
For this condominium, the stated lease extends through 2070. That remaining term is important because buyers, lenders, and future purchasers may consider the lease duration when assessing financing, resale options, and long-term ownership.
Before proceeding, buyers should ask:
- What are the precise terms and expiration provisions of the land lease?
- How are payments calculated, and can they increase?
- Are there renewal options or other provisions affecting the end of the lease?
- How does the lease affect financing and resale?
- What disclosures and legal documents are available for review?
A real estate attorney familiar with leasehold property can help explain the implications of the agreement. Buyers should also consult their lender early to confirm financing requirements for the specific property.
The land lease does not automatically make a condo a poor purchase. However, it is a material factor that must be understood before deciding whether the property offers good value.
What Buyers Should Consider Before Purchasing a Beverly Hills Condo
Beyond the unit itself, condominium buyers should investigate the building and its homeowners association.
Review the association’s budget, reserve funding, insurance, meeting minutes, planned maintenance, and any special assessments. Ask whether major repairs are anticipated and whether the association has sufficient resources to address them.
The property’s physical condition also deserves attention. A qualified inspector can help identify issues within the unit, while relevant building records and disclosures can provide additional information about shared systems and common areas.
Buyers should also consider their long-term plans. If you expect to sell before the land lease expires, understand how the remaining term might affect the future buyer pool and financing options. If you plan to hold the property for many years, evaluate the long-term financial obligations and any applicable lease provisions.
For additional neighborhood context, Erik Brown’s guide to Beverly Hills Flats real estate offers another perspective on the city’s residential landscape. Compare locations carefully, because the character and housing options can vary significantly within Beverly Hills.
Frequently Asked Questions About Beverly Hills Condos
Is this the best condo in Beverly Hills?
This Oakhurst Drive condominium offers several appealing features, including approximately 1,560 square feet, two bedrooms, two bathrooms, a remodeled kitchen, panoramic city views, and a spacious sixth-floor balcony. Whether it is the best value depends on its current price, the complete ownership costs, building condition, and comparable properties available to buyers.
What are the monthly HOA and land-lease costs?
The supplied property description states that HOA dues are approximately $1,000 per month and the land-lease payment is approximately $1,200 quarterly, equivalent to $400 per month. Together, those expenses total approximately $1,400 monthly, excluding other ownership costs. Buyers should verify the current figures and lease terms before making an offer.
What is it like to live near downtown Beverly Hills?
Living near downtown Beverly Hills offers access to shopping, restaurants, cafés, and local amenities while some residential streets provide a quieter setting than the main commercial areas. The experience depends on the property’s exact location and your preferences for walkability, transportation, parking, and neighborhood activity.
Does a land lease affect a condo’s resale value?
A land lease can affect financing, buyer demand, and resale considerations because the remaining lease term and payment obligations may influence how purchasers evaluate the property. The impact depends on the specific agreement, current market conditions, and lender requirements. Buyers should review the lease with qualified legal and lending professionals.
How should buyers compare Beverly Hills condos?
Compare the purchase price, interior space, layout, condition, views, parking, HOA dues, and any additional obligations such as a land lease. Review recent comparable sales and investigate the building’s financial health. The best comparison reflects the complete cost of ownership rather than the asking price alone.
Explore Beverly Hills Condo Opportunities With Erik Brown
This Oakhurst Drive condominium illustrates why evaluating the best condo in Beverly Hills requires looking beyond the photographs. The updated interior, panoramic city views, spacious balcony, and convenient downtown location offer a compelling combination for the right buyer.
At the same time, the HOA dues and land-lease payment demonstrate why understanding the financial details is essential. The right property should fit your lifestyle and your budget, with no surprises about the obligations that come with ownership.
If you are considering buying a condo in Beverly Hills, Erik R. Brown can help you explore local options, compare properties, and identify the questions worth asking before making a decision.
Visit ErikRBrown.com to explore local real estate resources, or contact Erik Brown at (424) 333-6697 to discuss your goals.
Would you choose a condo with panoramic city views and a convenient location, or would you prefer a larger home farther from downtown? The answer starts with understanding what matters most to you.
