Multifamily Building with Assigned
For Sale
$9,900,000
218 S Tower Dr, Beverly Hills, CA 90211
Residential Income, Beverly Hills, CA
Property Size26,972 SF
Lot Size0.29 Acres
Price / SF$367.05
Days on Market203
Property Features for 218 S Tower Dr
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
BHR475
Bedrooms
24
Bathrooms
32
Full bathrooms
2
Rooms
Bedroom 23, Bathroom 25, Bedroom 12, Bedroom 22, Bathroom 3, Bathroom 5, Bathroom 23, Bathroom 28, Bedroom 10, Bedroom 14, Bathroom 4, Bathroom 6, Bathroom 18, Bedroom 1, Bedroom 15, Bedroom 16, Bedroom 21, Bathroom 29, Bathroom 13, Bathroom 10, Bathroom 30, Bathroom 31, Bedroom 18, Bathroom 21, Bathroom 9, Bathroom 24, Bathroom 1, Bathroom 8, Bathroom 2, Bedroom 19, Bedroom 8, Bedroom 17, Bathroom 15, Bedroom 13, Bedroom 20, Bathroom 32, Bedroom 7, Bathroom 11, Bedroom 6, Bathroom 20, Bedroom 9, Bathroom 14, Bathroom 17, Bedroom 2, Bathroom 22, Bedroom 3, Bedroom 5, Bathroom 16, Bathroom 12, Bathroom 27, Bedroom 4, Bathroom 7, Bedroom 24, Bedroom 11, Bathroom 19, Bathroom 26
Parking
12
Parking features
Assigned
Directions
S. of Wilshire Blvd, W. of San Vicente Blvd
Subdivision
Beverly Hills
Standard status
Active
APN
4333-030-002
Size
26,972 SF
Lot size
0.29 Acres
Building Details
Year built
1929
Floors in Building
4
Number of units
32
Listing Agency:
Keller Williams Beverly Hills · Keller Williams Realty
Listed By:
Hamid Soroudi · License #00708618
(310) 432-6400
Added: Mar 30
Changed: Oct 16
Last Checked: Oct 18 at 3:06PM
MLS# 26672315
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.
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Investment Insights
Based on property information with market context.
This multifamily property contains 26,972 square feet on a 0.2855-acre parcel and was constructed in 1929. The room schedule identifies 17 bedrooms and 32 bathrooms, while assigned parking is provided for occupants. The property is classified under BHR475 zoning.
Located at 218 S Tower Dr in Beverly Hills, the asset is positioned within the 90211 postal area of Los Angeles County. It is being offered for sale and is presented as a residential income property. The recorded investment metrics include a 5% cap rate at closing and a 7% cap rate based on market rents, with corresponding gross rent multipliers of 12.3x and 9.8x.
Located at 218 S Tower Dr in Beverly Hills, the asset is positioned within the 90211 postal area of Los Angeles County. It is being offered for sale and is presented as a residential income property. The recorded investment metrics include a 5% cap rate at closing and a 7% cap rate based on market rents, with corresponding gross rent multipliers of 12.3x and 9.8x.
Key Highlights
- 26,972‑square‑foot multifamily property on a 0.2855‑acre parcel
- Built in 1929
- 17 bedrooms and 32 bathrooms identified in the room schedule
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$434,001
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,680,020
$8.7M
Cap Rate 7%
$6,200,014
$6.2M
Cap Rate 9%
$4,822,233
$4.8M
Market Conditions
NOI Build-Up for 26,972 SF
Gross rent
$857.7K $31.80/SF
− Vacancy
−$68.6K −$2.54/SF
EGI
$789.1K $29.26/SF
− OpEx
−$355.1K −$13.17/SF
NOI
$434.0K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,680,020
Cap Rate 7%
$6,200,014
Cap Rate 9%
$4,822,233
Alternative Uses
Best Use
Apartment 5plus
$6.20M
$5.43M – $7.23M
NOI $434,001 @ 7.0% cap · market cap 4.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$14.44M
$12.64M – $16.85M
NOI $1,010,849 @ 7.0% cap · market cap 10.21%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
7,104
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The property offers a substantial multifamily footprint with assigned parking and a detailed residential room schedule.
Where is this apartment building located?
The property is located at 218 S Tower Dr Beverly Hills, CA.
What is the asking price?
The asking price for this property is $9,900,000.
What are key features of this property?
This property features: 26,972‑square‑foot multifamily property on a 0.2855‑acre parcel; Built in 1929; 17 bedrooms and 32 bathrooms identified in the room schedule
