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335-337 N Palm Dr
Beverly Hills, CA 90210
Double Lot on Prime Palm Drive in Bev Hills · Land For Sale
·
0.36 AC
Investment Highlights
- OPEN HOUSE: Wednesday, July 22 | 11:00 AM – 2:00 PM
- Surrounded by a mix of high-end retail, hotel, and luxury residential areas
- 18 total existing units in two adjacent properties: 8 units (335 N. Palm) and 10 units (337 N. Palm)
- Phenomenal Beverly Hills location nestled between the Beverly Hills “Golden Triangle” and Cedars-Sinai Medical Center
- Development potential: Total combined lot size of 15,751 sf; Six out of 10 units to be delivered vacant at 337 N. Palm
- Charming income producing buildings with great curb appeal; situated on a beautiful tree-lined street, one building north of West 3rd Street
Executive Summary
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 an exciting redevelopment opportunity in a phenomenal Beverly Hills location. This double lot is comprised of 18 total units on two adjacent properties on Palm Drive: 8 units (335 N. Palm) and 10 units (337 N. Palm) with development potential (Total combined lot size of 15,751 square feet). Nestled between the Beverly Hills “Golden Triangle” and Cedars-Sinai Medical Center, the properties are surrounded by a mix of high-end retail, hotel, and luxury residential areas.
The existing buildings are charming with great curb appeal and feature bright airy units with thoughtful details. Some kitchens have been renovated, and six out of 10 units are to be delivered vacant at 337 N. Palm. The properties offer an investor the opportunity to purchase existing, income-producing properties in Beverly Hills with rental upside and development potential. These two properties can be purchased together or individually.
Property Website: https://properties.berkadia.com/beverly-hills-90210-palm-drive-portfolio-492660/
Berkadia is excited to exclusively offer an exciting redevelopment opportunity in a phenomenal Beverly Hills location. This double lot is comprised of 18 total units on two adjacent properties on Palm Drive: 8 units (335 N. Palm) and 10 units (337 N. Palm) with development potential (Total combined lot size of 15,751 square feet). Nestled between the Beverly Hills “Golden Triangle” and Cedars-Sinai Medical Center, the properties are surrounded by a mix of high-end retail, hotel, and luxury residential areas.
The existing buildings are charming with great curb appeal and feature bright airy units with thoughtful details. Some kitchens have been renovated, and six out of 10 units are to be delivered vacant at 337 N. Palm. The properties offer an investor the opportunity to purchase existing, income-producing properties in Beverly Hills with rental upside and development potential. These two properties can be purchased together or individually.
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.36 AC |
| Property Type | Land | ||
| Zoning | BHR4* - Multiple Residential | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.36 AC |
| Zoning | BHR4* - Multiple Residential |
1 Lot Available
Lot
| Price | $10,000,000 | Lot Size | 0.36 AC |
| Price Per AC | $27,655,402.62 |
| Price | $10,000,000 |
| Price Per AC | $27,655,402.62 |
| Lot Size | 0.36 AC |
Double lot. Two adjacent lots totaling a combined 15,751 SF.
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,195,672 | |
| Land Assessment | $5,303,917 | Total Assessment | $10,499,589 |
Property Taxes
Parcel Numbers
Land Assessment
$5,303,917
Improvements Assessment
$5,195,672
Total Assessment
$10,499,589
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