Active
414 N Palm Dr
Beverly Hills CA, 90210
$6,950,000
$407.62 per sqft
Active
16 Beds
16 Baths
17,050 sqft
Multi-family
Built in 1962
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.
23-325758
MLSⓇ ID
October 26, 2023
Listed
October 2, 2024
Updated
Map
414 N Palm Dr
Beverly Hills CA, 90210
Interior Features
Total Stories
0
Bedrooms
16
Total Bathrooms
16
Appliances
None
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.18 Acres
Other Property Details
Area Name
Beverly Hills
Days on Market
302
Garage
No
Parking
Subterranean
Parking Total
15
View
No
County
Los Angeles
Pool
No
Zoning
BHR4YY
Listing History
Date | Event | Price |
---|---|---|
6/14/2024 | Price change | $6,950,000 -3% |
4/23/2024 | Price change | $7,150,000 -5% |
3/21/2024 | Price change | $7,495,000 -4% |
11/17/2023 | Price change | $7,750,000 -3% |
Listed by Hamid Soroudi with Keller Williams Beverly Hills
Listing Contact: 310-432-6547
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor April Cacuyog shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 10/2/2024