414 N Palm DR Active Save Request In-Person Tour Request Virtual Tour
Beverly Hills,CA 90210
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 17,050 sqft
Price per Sqft $407
MLS Listing ID 23325758
Bedrooms 16
Year Built 1962
Lot Size 7,705 Sqft
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 C01 - Beverly Hills
Zoning BHR4YY
Exterior
Garage Underground
Building
New Construction No
Others
Special Listing Condition Standard