447 S Palm Dr, Beverly Hills, CA 90212

$3,595,000
11
BD
10
BA
6,756
SqFt

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List Price
$3,595,000
MLS#
26851361
Status
ACTIVE
Type
Multifamily
Bedrooms
11
Bathrooms
10
Living Area
6,756

Property Description

We are pleased to present 447 S Palm Drive, a six-unit apartment property located in the prestigious Beverly Hills submarket. Built in 1954, the property sits on an approximately 6,078 square foot lot and offers roughly 6,756 square feet of rentable space. The unit mix consists of two (2) one-bedroom/one-bath units, three (3) two-bedroom/two-bath units, and one (1) three-bedroom/two-bath unit with a private deck. The three-bedroom unit will be delivered vacant, providing an excellent owner/user. Attractive Assumable Financing at 3% Interest Only! Fixed till Nov 2031, complemented by a prime Beverly Hills location with immediate access to world-class retail and dining along Rodeo Drive and Wilshire Boulevard, convenient connectivity to Century City, West Hollywood, and the greater Westside, and excellent access to the I10 and I405 freeways. With its premier location, desirable unit mix, and strong long-term fundamentals, 447 S Palm Drive presents a compelling investment opportunity in one of Los Angeles' most sought-after and supply-constrained rental markets.

Additional Information

Year Built
1954
Garage
Carport

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Courtesy of Marcus & Millichap, Michael Sterman.

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