NOT LISTED FOR SALE

447 S Palm Dr Unit 6 Beverly Hills, CA 90212

11 Beds
10 Baths
6,756 Sq Ft
6,076 Sq Ft Lot

Last Sold July 16, 2021

Last sale price $3,168,000 $469 Per Sq Ft

14 Days on Market

About This Home

As of July 2021

We are pleased to present the exclusive listing of a 6-unit apartment building in prime Beverly Hills. Located at 447 S Palm Dr, the property has many units that boast updates including modern kitchens with brand new granite countertops, stainless steel appliances and central heat. Additionally, remodeled bathrooms have large showers, new ceiling fans, spacious closets and linen cabinets. Laundry is conveniently located on the second floor, and each unit has access to one carport parking space with its own storage locker. New re-pipe for the majority of the building in 2012. New Roof in 2017. New water heaters in 2013. Six Parking Spaces. Of note, soft story retrofit is needed. Built in the 1950's and covering over 6,700 square feet, S Palm Drive has a desired unit mix consisting of one 3+2, three 2+2's (one is vacant and underwritten at market rent) and two 1+1's. The property sits between W Pico Boulevard and W Olympic Blvd. 447 s Palm Ave is conveniently within short distance to many eateries, coffee shops and retail stores including Starbucks, Factors Famous Deli, Urth Caffe Beverly Hills, and the many luxurious shops and restaurants at Rodeo Drive.

Last Agent to Sell the Property

Eliyahu Appel

Marcus & Millichap License #01918652 Listed on: 04/12/2021

Co-Listed By

Joshua Ross

Marcus & Millichap License #01918715

Last Buyer's Agent

Joshua Ross

Marcus & Millichap License #01918715

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,076 Sq Ft Lot

Home Design

Interior Spaces

  • 6,756 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • 6 Parking Spaces
  • Assigned Parking

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4332-001-011

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6756
  • Lot Acreage: 0.1395
  • Stories: 2
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 11
  • Laundry: On Upper Level, Laundry Area
  • Total Bathrooms: 10.00
  • Price Per S Q F T: 488.45

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 6

Lot Info

  • Assessed Improvement Percent: 46.01
  • Assessed Improvement Value: 130446
  • Assessed Land Percent: 53.99
  • Assessed Land Value: 153091
  • Total Assessed Value: 283537
  • Assessor Parcel Number: 4332-001-011
  • Lot Size Area: 6076

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 19.41
  • Number Of Units: 6
  • Total Annual Expense: 68989
  • Type Of Units: Apartments
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 5101

Range of Values:

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Average Value
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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 List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $3,168,000 -4.0% $469 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $3,300,000 -- $488 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Eliyahu Appel

    Seller's Agent in 2021

    Eliyahu Appel

    Marcus & Millichap

    (818) 390-4181

    12 in this area

    20 Total Sales

    Eliyahu Appel
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Joshua Ross

    Marcus & Millichap

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Map

Source: The MLS

MLS Number: 21-718422

The MLS
California Los Angeles County Beverly Hills 90212

447 S Palm Dr Unit 6, Beverly Hills, CA

This home is located at 447 S Palm Dr Unit 6, Beverly Hills, CA 90212 since 12 April 2021. 447 S Palm Dr Unit 6 is a home located in Los Angeles County with nearby schools including Beverly Vista Elementary School, Beverly Hills High School, and Westwood Charter School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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