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414 N Palm Dr
Beverly Hills, CA 90210
Multifamily Property For Sale
·
10 Units
Investment Highlights
- 15.5 x Gross & 4.3% Cap with existing rents
- Significant (25%) upside in rents
- Seller spent over $300,000 in renovations in the past year
- 12.3 x Gross & 5.8% Cap with rents at market
- 2,500± S.F. Penthouse unit located on the 4th Floor suitable for owner use. The unit will be delivered vacant at closing
- Priced at only $408/S.F.
Property Facts
| No. Units | 10 | Lot Size | 0.18 AC |
| Property Type | Multifamily | Building Size | 17,050 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 0.88/1,000 SF |
| Zoning | BHR4YY - Medium Density Multiple Residence | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 17,050 SF |
| No. Stories | 3 |
| Year Built | 1962 |
| Parking Ratio | 0.88/1,000 SF |
| Zoning | BHR4YY - Medium Density Multiple Residence |
Amenities
Unit Amenities
- Balcony
- Heating
- Stainless Steel Appliances
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 1,200 |
| 2+2 | 7 | - | 1,500 - 2,500 |
Property Taxes
| Parcel Number | 4342-001-009 | Improvements Assessment | $2,080,800 |
| Land Assessment | $4,161,600 | Total Assessment | $6,242,400 |
Property Taxes
Parcel Number
4342-001-009
Land Assessment
$4,161,600
Improvements Assessment
$2,080,800
Total Assessment
$6,242,400
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