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Mid-Century Quadplex
For Sale
$2,599,999

215 S Tower Dr, Beverly Hills, CA 90211

Residential Income, Beverly Hills, CA

Property Size4,696 SF
Lot Size0.15 Acres
Price / SF$553.66
Days on Market98

Property Features for 215 S Tower Dr

General Information

Property type Residential Multi Family
Property subtype Other
Zoning BHR475
Bedrooms 8
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 6, Bedroom 1, Bedroom 8, Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 5, Bedroom 5, Bathroom 7, Bedroom 7, Bathroom 4, Bathroom 8
Parking 4
Parking features Garage
Directions Heading west on Wilshire from San Vicente, turn left on Tower.
Subdivision Beverly Hills
Standard status Active
APN 4333-030-027
Size 4,696 SF
Lot size 0.15 Acres

Utilities

Cooling system Wall/Window Unit(s)

Amenities

private patio or balcony

Building Details

Year built 1952
Floors in Building 2
Number of units 4
Listing Agency: Nourmand & Associates-HW
Listed By: Jennifer Eckert · License #01512045
Added: Jul 9 Changed: Oct 13 Last Checked: Oct 14 at 5:06PM
MLS# 26833867

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1952, this two-story quadplex contains four two-bedroom, two-bath residences within 4,696 square feet. Each unit includes a private patio or balcony, while interiors feature hardwood flooring, vintage tile in the kitchens and bathrooms, and mid-century design elements. Wall/window unit cooling and garage parking are also provided. One residence is vacant, while the other three are occupied and described as operating below market value.

The property occupies 0.1493 acres at 215 S Tower Dr in Beverly Hills, Los Angeles County, within the 90211 postal area. Its BHR475 zoning designation and four-unit configuration are suited to a residential income property format, with the vacant residence offering flexibility for an owner-user or rental use as supported by the current layout.

Key Highlights

  • Four‑unit quadplex totaling 4,696 square feet
  • Four 2‑bedroom, 2‑bath residences in a two‑story building
  • Built in 1952 with original hardwood floors and vintage tile finishes

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$82,009
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,640,180 $1.6M
Cap Rate 7%
$1,171,557 $1.2M
Cap Rate 9%
$911,211 $911.2K
Market Conditions
NOI Build-Up for 4,696 SF
Gross rent
$126.8K $27.00/SF
− Vacancy
−$9.6K −$2.05/SF
EGI
$117.2K $24.95/SF
− OpEx
−$35.1K −$7.48/SF
NOI
$82.0K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,640,180
Cap Rate 7%
$1,171,557
Cap Rate 9%
$911,211

Alternative Uses

Best Use
Multifamily LT 5
$1.17M
$1.03M – $1.37M (±1% cap)
NOI $82,009 @ 7.0% cap · market cap 3.15%
Second Best
Apartment 5plus
$1.08M
$944.5K – $1.26M (±1% cap)
NOI $75,562 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$2.51M
$2.20M – $2.93M (±1% cap)
NOI $175,995 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Supermarket Storage Facility Buffet Butcher Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

7,104
Businesses Nearby

Demographics for 90211, CA

8,260
Population
4,209
Households
2
Avg Household Size
41
Median Age
67%
College-Educated
95%
High-School Grad
0.7 sq mi
ZIP Area
11,800
Density / Sq Mi
$118,125
Median Household Income
$62,061
Median Earnings
$2,815
Median Rent
$2,000,001
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Two-story multifamily property with private outdoor space, garage parking, and a blend of original architectural details.
Where is this quadplex located?
The property is located at 215 S Tower Dr Beverly Hills, CA.
What is the asking price?
The asking price for this property is $2,599,999.
What are key features of this property?
This property features: Four‑unit quadplex totaling 4,696 square feet; Four 2‑bedroom, 2‑bath residences in a two‑story building; Built in 1952 with original hardwood floors and vintage tile finishes
More about this property
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