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PENDING

149 S Palm Drive, Beverly Hills, CA 90212$4,495,000

9
beds
7
baths
6477
ft2
· 6071
ft2 lot
$694 / ft2

Listing provided courtesy of Jacob Zacuto, Zacuto Group
Source CRMLS;
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A rare generational opportunity to acquire a coveted 6 unit building with immediate value-add potential, walking distance to the Beverly Hills Golden Triangle. A refined property on a quintessential Beverly Hills block, the townhouse style units offer a mix of 2 bedrooms and a 3 bedroom unit, plus 2 studio apartments. **4 units will be delivered vacant at the close of escrow to allow new buyer immediate upside** Interiors feature high ceilings, crown moldings and original detailing. Property can be purchased together with 121 S. Crescent Drive.

HOA

$0/month

On market

2 months

Year built

1937

Property type

Multi-Family

Parking

6

MLS

21110271

Price / Sq.Ft.

$694 / ft2

Status

Pending

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Home details for 149 S Palm Drive

Interior Features & Layout
Heating & Cooling
•   
Cooling Details: Wall/Window Unit(s)
Interior Size
•   
Building Area Total: 6477.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Private
Property Features
•   
View: Courtyard
Building Info
•   
Zoning: BHR4YY
•   
Stories Total: 2
Lot Info
•   
Lot Size Source: Assessor
•   
Lot Size Acres: 0.1394
•   
Lot Size Area: 6071.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 6
Property Type
•   
Architectural Style: French
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 286344.00
•   
Total Expenses: 68540.00
•   
Gross Multiplier: 15.23
Tax/Assessment Info
•   
Gross Income: 295200.00
•   
Tax Year: 2021
•   
Taxes: 4163.73
Lease Info
•   
Net Operating Income: 217804.00
Listing Info
•   
Status: Pending
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 3205.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 3205.00
Unit 2 Information
•   
Unit 2 Actual Rent: 5500.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 5500.00
Unit 1 Information
•   
Unit 1 Bedrooms: 3
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 6500.00
•   
Unit 1 Total Rent: 6500.00
Unit 4 Information
•   
Unit 4 Actual Rent: 5500.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 5500.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Bedrooms: 2
Unit 5 Information
•   
Unit 5 Actual Rent: 2200.00
•   
Unit 5 Total Units: 1
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 2200.00
•   
Unit 5 Bathrooms: 1
Multi Unit Information
•   
# Of Units: 13
Unit 6 Information
•   
Unit 6 Actual Rent: 1695.00
•   
Unit 6 Total Units: 1
•   
Unit 6 Total Rent: 1695.00
•   
Unit 6 Furnished Units: Unfurnished
•   
Unit 6 Bathrooms: 1
School Neighborhood & Directions
School Info
•   
Directions: West of Doheny, North of Charleville
Other
Calculation
•   
Dom: 28

Neighborhood snapshot

21
Properties for sale
15
Median days on market
$811.96
Median sold price/sqft
99.32%
Sold/List %
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Property History for 149 S Palm Drive

01/03/2022
01/03/2022
CRMLS #21110271
pending
CRMLS #21110271
$4,495,000
12/06/2021
12/06/2021
CRMLS #21110271
active
CRMLS #21110271
$4,495,000

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