432 N Palm Dr - Apartments FOR SALE


Beverly Hills, CA 90210
$22,950,000 USD
424-377-8341
432 N Palm Dr, Beverly Hills, CA for Sale
$22,950,000 USD
Apartments - FOR SALE
1/31
null | 3.4% Cap Rate

432 N Palm Dr
Beverly Hills, CA 90210


HIGHLIGHTS

  • Northernmost & best apartment area of Beverly Hills 90210.
  • Property features swimming pool & rooftop sundeck.

OVERVIEW

FOR SALE BY OWNER! Rare opportunity to purchase this large trophy property in northernmost (best) apartment area of Beverly Hills. Even rarer opportunity to purchase it together with Owner’s other apartment building in Beverly Hills, 24 units for $20,950 – total 60 apartments in 85,460 sq. ft. for $43,900,000. (See 24-unit listing elsewhere on this site.) This 36 units has: Controlled access, gated parking and very large apartments Significant upside in rents Two rooftop penthouse units with panoramic city view Swimming pool and rooftop sundeck

FOR SALE DETAILS

PRICE

$22,950,000 USD

PRICE/SF

$516 USD /SF

# OF UNITS

36

PRICE/UNIT

$637,500

CAP RATE

3.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Palm Beverly Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1962

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,751 SF

ZONING

R4, Beverly Hills

APN/PARCEL ID

4342-034-002

ASK ABOUT THIS PROPERTY

Shellee ChristensenDavis Management CorporationMore Info
424-377-8341

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

Shellee ChristensenDavis Management CorporationMore Info
424-377-8341

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