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$ 3,595,000
Est. payment | /mo
6,756 SqFt
$ 3,595,000
Est. payment | /mo
6,756 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,756 sqft
Price per Sqft $532
MLS Listing ID CL26851361
HOA Y/N No
Year Built 1954
Lot Size 6,078 Sqft
Acres 0.1395
Property Sub-Type Other
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.
Location
State CA
County Los Angeles
Zoning BHR4YY
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 4332001011
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Listed by Michael Sterman • Marcus & Millichap
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