414 N Palm Dr Active Save Request In-Person Tour Request Virtual Tour
Beverly Hills,CA 90210
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 17,050 sqft
Price per Sqft $407
MLS Listing ID 23-325758
Bedrooms 16
Year Built 1962
Lot Size 7,705 Sqft
Acres 0.1769
Property Description
Prime Beverly Hills location, N. of Burton Way. Trophy Property with large 1/1 (1,200 S.F.) & 2/2 (1,500 S.F.). 2,500 S.F. Penthouse unit located on the 4th Floor suitable for owner to use will be delivered vacant at closing. Significant (25%) upside in rents. 15.5 x Gross & 4.3% Cap with existing rents; 12.3 x Gross & 5.8% Cap with rents at market. Seller has spent over $300,000 in renovation in the past year. Priced at only $408/S.F. Seller is willing to offer concession.
Location
State CA
County Los Angeles
Area Beverly Hills
Zoning BHR4YY
Rooms
Other Rooms None
Interior
Heating Other
Cooling Other
Equipment None
Exterior
Garage Subterranean
Garage Spaces 15.0
Building
Level or Stories Three Or More
Others
Special Listing Condition Standard