$ 6,950,000
414 N Palm DR Beverly Hills, CA 90210
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$ 6,950,000
Est. payment /mo
Active
414 N Palm DR Beverly Hills, CA 90210
16 Beds
16 Baths
17,050 SqFt
UPDATED:
09/30/2024 06:33 PM
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
HOA Y/N No
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
Interior
Fireplace No
Exterior
Garage Underground
Parking Type Underground
Total Parking Spaces 15
Building
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 4342001009
Special Listing Condition Standard
Listed by Hamid Soroudi • Keller Williams Beverly Hills
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