Listing provided courtesy of Hamid Soroudi of Keller Williams Beverly Hills. Last updated 2024-09-19 08:11:35.000000. Listing information © 2024 CLAW.
Asking Price: $6,950,000
414 Palm, Beverly Hills CA 90210
Community: C01 - Beverly Hills
This property was built in 1962 and is priced at $6,950,000. Please see the additional details below.
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 to use will be delivered vacant at closing. Significant (25%) upside in rents. 15.5 x Gross & 4.3% Cap with existing rents; 12.3 x Gross & 5.8% Cap with rents at market. Seller has spent over $300,000 in renovation in the past year. Priced at only $408/S.F. Seller is willing to offer concession.
