414 N Palm Drive,Beverly Hills,Los Angeles,ResidentialIncome

$ 7,750,000
414 N Palm Drive,

Overview

  • Updated On:
  • January 17, 2024
  • 16 Bedrooms
  • 16 Bathrooms
  • 17,050 ft2

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. Significant (31%) upside in rents. 14.2 x Gross & 4.7% Cap with rents at market. Seller has spent over $247,000 in renovation in the past year.

Address: 414 N Palm Drive
State/County:
Zip: 90210
Country: United States
Open In Google Maps
Property Id : 59398
Price: $ 7,750,000
Property Size: 17,050 ft2
Property Lot Size: 0 ft2
Bedrooms: 16
Bathrooms: 16
BathroomsFull: 0
BathroomsHalf: 0
BathroomsOneQuarter: 0
BathroomsThreeQuarter: 0
BuildingAreaTotal: 17050
BuyerAgencyCompensation: 1.500
BuyerAgencyCompensationType: Item1
CapRate: 3.2
CoListAgentFirstName: Jared
CoListAgentFullName: Jared Battat
ContractStatusChangeDate: 2023-10-25
Directions: S. of Beverly Blvd. and W. of Doheny Dr.
CoListAgentDirectPhone: 310-432-5769
CoListAgentEmail: jbattat@kw.com
DaysOnMarket: 21
$ 39,735.78
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 30,048.28
Sun 14 Sep
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