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443 S Palm Dr 2 Unit Apartment Building Offered at $2,495,000 at a 3.20% Cap Rate Beverly Hills, CA 90212
Executive Summary
Century Park RE Advisory Team at Forward One Real Estate is proud to present 443-445 South Palm Drive, a well-located well maintained Beverly Hills Duplex property that features timeless architectural character consistent with Beverly Hills' classic residential landscape. The property has strong in-place rents with additional value-add potential and upside through renovations or repositioning. Ideally located moments from world-class dining, luxury shopping, and major employment centers along Wilshire Boulevard and Rodeo Drive, the property offers investors and/or potential owner users the rare combination of prestige, performance, and potential.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$126,420
|
$33.67
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$126,420
|
$33.67
|
| Taxes |
$30,000
|
$7.99
|
| Operating Expenses |
$17,000
|
$4.53
|
| Total Expenses |
$47,000
|
$12.52
|
| Net Operating Income |
$79,420
|
$21.15
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $126,420 |
| Annual Per SF | $33.67 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $126,420 |
| Annual Per SF | $33.67 |
| Taxes | |
|---|---|
| Annual | $30,000 |
| Annual Per SF | $7.99 |
| Operating Expenses | |
|---|---|
| Annual | $17,000 |
| Annual Per SF | $4.53 |
| Total Expenses | |
|---|---|
| Annual | $47,000 |
| Annual Per SF | $12.52 |
| Net Operating Income | |
|---|---|
| Annual | $79,420 |
| Annual Per SF | $21.15 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | $5,665 | 1,877 |
| 2+2.5 | 1 | $4,870 | 1,876 |
1 1
Very walkable
80/100
Moderately drivable
60/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4332-001-010 | Total Assessment | $2,237,188 (2025) |
| Land Assessment | $1,673,299 (2025) | Annual Taxes | $30,000 ($7.99/SF) |
| Improvements Assessment | $563,889 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
4332-001-010
Land Assessment
$1,673,299 (2025)
Improvements Assessment
$563,889 (2025)
Total Assessment
$2,237,188 (2025)
Annual Taxes
$30,000 ($7.99/SF)
Tax Year
2026
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443 S Palm Dr
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