335 N Palm Dr - Apartments FOR SALE


Beverly Hills, CA 90210
$4,200,000 USD
310-470-8963
335 N Palm Dr, Beverly Hills, CA for Sale
$4,200,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

335 N Palm Dr
Beverly Hills, CA 90210


HIGHLIGHTS

  • OPEN HOUSE: Wednesday, July 22 | 11:00 AM – 2:00 PM
  • Phenomenal Beverly Hills location nestled between the Beverly Hills “Golden Triangle” and Cedars-Sinai Medical Center
  • Can be purchased with adjacent property: 10 units (337 N. Palm) for a total of 18 units
  • Development potential: Total combined lot size of 15,751 square feet with adjacent property at 337 N. Palm
  • Charming building with great curb appeal; situated on a beautiful tree-lined street, one building north of West 3rd Street
  • Generational ownership

OVERVIEW

OPEN HOUSE: Wednesday, July 22 | 11:00 AM – 2:00 PM Property Website: https://properties.berkadia.com/beverly-hills-90210-palm-drive-portfolio-492660/ Berkadia is excited to exclusively offer 335 N. Palm Drive, 8 charming units for sale in a phenomenal Beverly Hills location. Located on North Palm Drive, one of Beverly Hills’ best streets, the property is nestled between the Beverly Hills “Golden Triangle” and Cedars-Sinai Medical Center, and is surrounded by a mix of high-end retail, hotel, and luxury residential areas. 335 N. Palm can be purchased with the adjacent 10-unit property at 337 N. Palm Drive. An investor can purchase the two properties as existing 18 units or potentially develop the total combined lot: 15,751 square feet. 335 N. Palm is a charming Spanish-style building with great curb appeal and charming details. Units are bright and airy with large windows for lots of natural light, wood-style laminate plank flooring (some with hardwood), separate dining room with ceiling fan, and select upper units feature wood-beamed ceilings. All units (except 1) have updated kitchens with granite counters (most), decorative tile backsplash and tile flooring. Community features include controlled access entry, on-site parking: 6 carport spaces (permit parking available on street, on-site laundry room: 1 washer/1 dryer (owned). The property offers an investor the opportunity to purchase a pride-of-ownership property in Beverly Hills with rental upside.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$497 USD /SF

# OF UNITS

8

PRICE/UNIT

$525,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8 Units in Phenomenal Beverly Hills Location

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,871 SF

ZONING

BHR4*

APN/PARCEL ID

4342-005-013

ASK ABOUT THIS PROPERTY

Adrienne BarrBerkadiaMore Info
310-470-8963

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Adrienne BarrBerkadiaMore Info
310-470-8963

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.