414 Palm Drive , Beverly Hills, CA - 90210 is For Sale

  • 23325758
  • 23325758
  • 23325758
  • 23325758
  • 23325758
  • 23325758
  • 23325758
  • 23325758
  • 23325758
  • 23325758
$7,150,000· Income 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 use will be delivered vacant at closing. Significant (25%) upside in rents. 13.2 x Gross & 5.4% Cap with rents at market. Seller has spent over $257,000 in renovation in the past year. Priced at only $419/S.F. Showing with accepted or strong offers.

Features

MLS#: 23325758
List Price : $7,150,000
Total Units : 10
Gross Operating Income : $420,707
Net Operating Income : $279,744
Sq M : 716 M2
Year Built : 1962
Days on market : 185 Days
Gross taxes : N/A
Address : 414 Palm Drive
City : Beverly Hills
State : CA
Zip Code : 90210
Neighborhood : N/A
Parking Features : Subterranean
Sale Type : Standard
 
Property Type : Residential Income
Original List Price : $7,150,000
Acres : 0.1769
Lot Size (Acres) : 0.1769
Parking Features : Subterranean
Driving Directions : S. of Beverly Blvd. and W. of Doheny Dr.
 
Courtesy of : Hamid Soroudi , Keller Williams Beverly Hills

Location

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