$11,000,000 429 N Palm Drive Beverly Hills, CA

MLS: 16139840   Type: Land   County: Los Angeles   City: Beverly Hills   Zip: 90210  

Mortgage $51,643 /mo



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Incredible Beverly Hills Development Opportunity. Two Beverly Hills land parcels for sale with total land area of approx. 22,635 SF. Buyers have the opportunity to design and build up to 68,740 SF with 31 units & 5 stories, as verified with the Department of Planning, City of Beverly Hills, or buyer can use current entitled plans and design approved by the City of Beverly Hills with 55,090 SF. buildable, 20 units & 5 stories. Current tenants are all month to month with 60 days' notice. The property currently generates approx. $38K a month in rental income. Location is in high desirability area of Beverly Hills. Brokers please see private remarks.

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Price History

7/11/2016 Listed $11,000,000

Association Fee 0
Listagentstatelicense 01492894
Listing Agent Lisa Rubel - BRE#01492894
Listing Agent First Name Lisa
Listing Agent Last Name Rubel
Mlsareamajor C01 - Beverly Hills
Speciallistingconditions Standard
Zoning BHR4*

Exterior Features

Lot Area 8252.0000
Lot Size Square Feet 8252.00
Lotsizeunits Square Feet

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Property vs Zip Code Avg (90210)

Price 11.0M Avg 5.85M

Acres 0.19 Avg 1.36

Visits 78 Avg 11

Days on Site 353 Avg 155

Walkscore® 84 Avg 38

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Listing Provided Courtesy Of: Lisa Rubel with The Agency.

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Location & Address

eXp Realty California
2603 Camino Ramon Suite 200
San Ramon, CA