NOT LISTED FOR SALE

9214 Beverly Blvd Beverly Hills, CA 90210

16 Beds
14 Baths
10,210 Sq Ft
0.3 Acres

Last Sold November 15, 2024

Last sale price $6,300,000 $617 Per Sq Ft

59 Days on Market

About This Home

As of November 2024

The property built in 1949, consists of fourteen units, totaling 10,210 rentable square feet on a 13,140 square foot lot. This 14-unit apartment building features a well-balanced mix of 2 two-bedroom, one-bathroom units and 12 one-bedroom, one-bathroom units (two currently vacant, with one including a balcony). The property includes on-site laundry facilities, 14 parking spots, and beautifully maintained landscaping. The unit interiors are designed with a combination of carpet, hardwood, and tile ooring, painted drywall, and aluminum-frame windows. Kitchens are equipped with hardwood cabinets, tile countertops, a four-burner gas range/oven, and dual-basin sinks, while bathrooms feature laminate and tile ooring, shower tiling, vanity sinks, cabinetry, and wall mirrors. Units include central gas heating and window-mounted air conditioning units. The Beverly Hills location adds signicant value, as the area is known for its luxury real estate and high rental demand. is strategically located in a highly desirable area within Beverly Hills, offering a blend of residential and commercial advantages. The property is situated in a neighborhood characterized by a mix of low to medium-density multifamily residences, with nearby streets such as Maple Drive and Palm featuring apartment buildings from the mid-20th century. This area has experienced substantial redevelopment over the past three decades, including the construction of modern 3-4 story apartment and condominium properties, indicating a trend toward upscale living. Directly northeast of the property, stands a newly developed ve-story condominium, adding to the area's growing appeal. 425 Palm is a limited collection of 20 timeless residences in Beverly Hills that have been commissioned as individual works of art. These luxury residences feature open oor plans with one, two, or three bedrooms, all appointed with exquisite nishes. To the west, on Maple Drive, a 175,000 SF ofce complex built in 2003 houses prestigious tenants like Fandango Media LLC, Mosaic Media, and the Wall Street Journal, offering Class A ofce space that enhances the area's professional and commercial prole. Additionally, Cedars-Sinai Medical Center, a major healthcare facility located approximately 0.70 miles east, further boosts the area's attractiveness by providing essential services and employment opportunities. Approximately 0.50 miles southwest, the renowned Beverly Hills "Golden Triangle" centers on Rodeo Drive, a luxury shopping destination featuring high-end retailers such as Tom Ford, Fendi, Valentino, and Cartier. This proximity to elite shopping and dining options underscores the property's location in a high-value, high-demand area. Overall, 9214 Beverly Blvd. benets from its position within a vibrant and evolving neighborhood, combining residential charm with access to commercial amenities and luxury attractions.

Last Agent to Sell the Property

Eliyahu Appel

Marcus & Millichap License #01918652 Listed on: 09/09/2024

Last Buyer's Agent

Eliyahu Appel

Marcus & Millichap License #01918652 Listed on: 09/09/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 0.3 Acre Lot

Interior Spaces

  • 10,210 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 14 Bathrooms

Parking

  • 14 Parking Spaces
  • Assigned Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • 14 Units
  • Vacancy Allowance $6,491

Listing and Financial Details

  • Assessor Parcel Number 4342-006-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 10210
  • Lot Acreage: 0.3017
  • Stories: 2
  • Year Built: 1949
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 14.00
  • Price Per S Q F T: 636.14

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 14

Utilities

  • Cooling: Window Unit(s)
  • Heating: Forced Air

Lot Info

  • Assessed Improvement Percent: 35.96
  • Assessed Improvement Value: 172001
  • Assessed Land Percent: 64.04
  • Assessed Land Value: 306333
  • Total Assessed Value: 478334
  • Assessor Parcel Number: 4342-006-013
  • Lot Size Area: 13144

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 19.98
  • Number Of Units: 14
  • Type Of Units: Multifamily
  • Vacancy Allow: 6491
  • Vacancy Allow Percent: 2.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
11/15/2024 11/15/24 Sold $6,300,000 -3.0% $617 / Sq Ft
11/07/2024 11/07/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $6,495,000 -- $636 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,279 $6,300,000 $4,000,000 $2,300,000
2024 $7,279 $487,900 $312,459 $175,441
2023 $7,176 $478,334 $306,333 $172,001
2022 $7,000 $468,956 $300,327 $168,629
2021 $6,759 $459,762 $294,439 $165,323
2019 $6,591 $446,666 $285,706 $160,960
2018 $6,198 $437,919 $280,104 $157,815
2016 $5,802 $420,397 $269,228 $151,169
2015 $5,592 $414,083 $265,184 $148,899
2014 $5,539 $405,973 $259,990 $145,983
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-444783

The MLS