414 N Palm Drive, Beverly Hills, CA 90210
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Listed Price :
$6,950,000
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Beds :
16
-
Baths :
16
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Property Size :
17,050 sqft
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Year Built :
1962
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.
Interior Features
| Bedroom Information |
| Bedrooms |
16 |
| Bathroom Information |
| Bathrooms |
16 |
Listing Information
| Address |
414 N Palm Drive |
| City |
Beverly Hills |
| State |
CA |
| Zip |
90210 |
| County |
Los Angeles |
| Listing Agent |
Hamid Soroudi DRE #00708618 |
| Co-Listing Agent |
Jared Battat DRE #02120354 |
| Courtesy Of |
Keller Williams Beverly Hills |
| List Price |
$6,950,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
17,050 |
| Lot Size |
7,705 |
| Year Built |
1962 |
Listing information courtesy of: Hamid Soroudi, Jared Battat, Keller Williams Beverly Hills. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:33 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
