NOT LISTED FOR SALE

435 S Palm Dr Beverly Hills, CA 90212

14 Beds
5 Baths
9,732 Sq Ft
6,075 Sq Ft Lot

Last Sold May 07, 2015

Last sale price $5,225,000 $537 Per Sq Ft

20 Days on Market

Highlights

  • Built-In Features
  • Beverly Vista Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of May 2015

An excellent income property with 8 units of great mix in the highly desirable area of Beverly Hills. A hard to find property with such a wonderful security building. Washer and dryer in every unit, unlike many other buildings sold in the area. Units have updated kitchens and newer appliances. Building has lots of potential and rents are below rental market. It is fully occupied, at present and some units are in process of rent increase. With regard to the beautiful condition of this building - no cost or expenses needed for remodeling this property, which is a great savings to the Buyer. A pride of ownership building in Beverly Hills - Great Investment! Great Location! Great Mix!

Last Agent to Sell the Property

Sam Solaimani

Coldwell Banker Realty License #01027774 Listed on: 03/17/2015

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,075 Sq Ft Lot

Interior Spaces

  • 9,732 Sq Ft Home
  • Built-In Features

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 10 Parking Spaces
  • Carport
  • Parking Garage Space

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • 8 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 4332-001-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 9732
  • Year Built: 1958
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 14
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 549.22

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 10
  • Parking Garage: Carport, Community Garage
  • Total Parking: 10

Utilities

  • Cooling: Central
  • Electric Expense: 380.00
  • Heating: Central
  • Sewer: In Street
  • Water Expense: 900.00

Fee Information

  • Gas Expense: 278.00
  • Insurance Expense: 310.00

Lot Info

  • Assessed Improvement Value: 1111731
  • Assessed Land Value: 1284912
  • Assessor Parcel Number: 4332-001-008
  • Geocode Override: No
  • Lot Size Area: 6075

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 22.50
  • Number Of Units: 8
  • Rent Control: 0
  • Total Annual Expense: 25056
  • Type Of Units: Mixed
  • Vacancy Rate: 0

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2015 05/07/15 Sold $5,225,000 -2.2% $537 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $5,345,000 -- $549 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-887929

The MLS