414 N Palm Drive, Beverly Hills, CA 90210

Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10

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.