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8 Units in Phenomenal Beverly Hills Location 335 N Palm Dr 8 Unit Apartment Building $5,966,772 CAD ($745,847 CAD/Unit) Beverly Hills, CA 90210
Investment Highlights
- OPEN HOUSE: Wednesday, July 22 | 11:00 AM – 2:00 PM
- Can be purchased with adjacent property: 10 units (337 N. Palm) for a total of 18 units
- Charming building with great curb appeal; situated on a beautiful tree-lined street, one building north of West 3rd Street
- 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 square feet with adjacent property at 337 N. Palm
- Generational ownership
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 335 N. Palm Drive, 8 charming units for sale in a phenomenal Beverly Hills location. Located on North Palm Drive, one of Beverly Hills’ best streets, the property is nestled between the Beverly Hills “Golden Triangle” and Cedars-Sinai Medical Center, and is surrounded by a mix of high-end retail, hotel, and luxury residential areas. 335 N. Palm can be purchased with the adjacent 10-unit property at 337 N. Palm Drive. An investor can purchase the two properties as existing 18 units or potentially develop the total combined lot: 15,751 square feet.
335 N. Palm is a charming Spanish-style building with great curb appeal and charming details. Units are bright and airy with large windows for lots of natural light, wood-style laminate plank flooring (some with hardwood), separate dining room with ceiling fan, and select upper units feature wood-beamed ceilings. All units (except 1) have updated kitchens with granite counters (most), decorative tile backsplash and tile flooring. Community features include controlled access entry, on-site parking: 6 carport spaces (permit parking available on street, on-site laundry room: 1 washer/1 dryer (owned).
The property offers an investor the opportunity to purchase a pride-of-ownership property in Beverly Hills with rental upside.
Property Website: https://properties.berkadia.com/beverly-hills-90210-palm-drive-portfolio-492660/
Berkadia is excited to exclusively offer 335 N. Palm Drive, 8 charming units for sale in a phenomenal Beverly Hills location. Located on North Palm Drive, one of Beverly Hills’ best streets, the property is nestled between the Beverly Hills “Golden Triangle” and Cedars-Sinai Medical Center, and is surrounded by a mix of high-end retail, hotel, and luxury residential areas. 335 N. Palm can be purchased with the adjacent 10-unit property at 337 N. Palm Drive. An investor can purchase the two properties as existing 18 units or potentially develop the total combined lot: 15,751 square feet.
335 N. Palm is a charming Spanish-style building with great curb appeal and charming details. Units are bright and airy with large windows for lots of natural light, wood-style laminate plank flooring (some with hardwood), separate dining room with ceiling fan, and select upper units feature wood-beamed ceilings. All units (except 1) have updated kitchens with granite counters (most), decorative tile backsplash and tile flooring. Community features include controlled access entry, on-site parking: 6 carport spaces (permit parking available on street, on-site laundry room: 1 washer/1 dryer (owned).
The property offers an investor the opportunity to purchase a pride-of-ownership property in Beverly Hills with rental upside.
Property Facts
| Price | $5,966,772 CAD | Building Class | C |
| Price Per Unit | $745,847 CAD | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 8,032 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1931 |
| Property Subtype | Apartment | Parking Ratio | 0.75/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | BHR4* | ||
| Price | $5,966,772 CAD |
| Price Per Unit | $745,847 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 8,032 SF |
| No. Stories | 2 |
| Year Built | 1931 |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | BHR4* |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 1,004 |
Very walkable
80/100
Fairly drivable
50/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4342-005-013 | Improvements Assessment | $3,690,642 CAD |
| Land Assessment | $2,306,652 CAD | Total Assessment | $5,997,294 CAD |
Property Taxes
Parcel Number
4342-005-013
Land Assessment
$2,306,652 CAD
Improvements Assessment
$3,690,642 CAD
Total Assessment
$5,997,294 CAD
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8 Units in Phenomenal Beverly Hills Location | 335 N Palm Dr
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