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10-Unit Apartment Building
For Sale
$5,800,000

337 N Palm Dr, Beverly Hills, CA 90210

Seismic upgrades are complete, and six residences are scheduled for vacant delivery.

Days on Market35

Property Features for 337 N Palm Dr

General Information

Standard status Active
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 10

Building Details

Year Built 1959
Listing Agency: Berkadia
Listed By: Adrienne Barr · License #01308753
Source: Benbelack
Added: Jun 30 Changed: Aug 1 Last Checked: Aug 2 at 11:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkadia

Investment Insights

Based on property information with market context.

This 10-unit apartment building was constructed in 1959 and offers an established multifamily configuration in Beverly Hills. Six of the units are scheduled to be delivered vacant, providing immediate flexibility for the incoming owner. Seismic retrofitting has been completed, and the property passed its SB 721 elevated-elements inspection and remains in compliance.

The property sits on N. Palm Drive, one building north of West 3rd Street, in a tree-lined setting between Beverly Hills’ Golden Triangle and Cedars-Sinai Medical Center. The surrounding area includes high-end retail, hotels, and luxury residential properties. The property may also be acquired with the adjacent eight-unit building at 335 N. Palm; together, the parcels total 15,751 square feet. The combined opportunity is also identified with development potential in the source information.

Key Highlights

  • 10‑unit apartment building constructed in 1959
  • Six of 10 units scheduled for vacant delivery
  • Seismic retrofitting completed

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher Mobile Phone Store Pet Grooming Service 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

10
Residential units

Location Intelligence

Trade Area within ½ mile

2,661
Businesses Nearby

Demographics for 90210, CA

21,134
Population
9,714
Households
2.2
Avg Household Size
49
Median Age
68%
College-Educated
97%
High-School Grad
10.7 sq mi
ZIP Area
1,975
Density / Sq Mi
$190,382
Median Household Income
$95,040
Median Earnings
$3,045
Median Rent
$2,000,001
Median Home Value

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?
Apartment building - Seismic upgrades are complete, and six residences are scheduled for vacant delivery.
Where is this apartment building located?
The property is located at 337 N Palm Dr Beverly Hills, CA.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: 10‑unit apartment building constructed in 1959; Six of 10 units scheduled for vacant delivery; Seismic retrofitting completed
More about this property
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