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6-Unit Contemporary Apartment Building
For Sale
Under Contract
$3,395,000

439 S Oakhurst Dr, Beverly Hills, CA 90212

Residential Income, Contemporary Mediterranean, Beverly Hills, CA

Property Size8,300 SF
Lot Size0.14 Acres
Price / SF$409.04
Days on Market49

Property Features for 439 S Oakhurst Dr

General Information

Property type Residential Multi Family
Property subtype Other
Zoning BHR4YY
Bedrooms 13
Bathrooms 13
Full bathrooms 5
Rooms Bathroom 8, Bathroom 4, Bathroom 11, Bedroom 2, Bedroom 4, Bathroom 3, Bathroom 9, Bathroom 7, Bedroom 12, Bedroom 9, Bathroom 1, Bathroom 12, Bedroom 6, Bedroom 11, Bedroom 10, Bathroom 6, Bedroom 7, Bathroom 13, Bathroom 5, Bedroom 1, Bedroom 3, Bedroom 8, Bathroom 2, Bathroom 10, Bedroom 5, Bedroom 13
Parking 12
Parking features Covered
Directions S. of Olympic, W. of Robertson, E. of Beverly Dr, N. of Pico
Subdivision Beverly Hills
Standard status Active Under Contract
APN 4332-003-009
Size 8,300 SF
Lot size 0.14 Acres

Utilities

Heating system Central
Cooling system Central Air

Amenities

central air conditioning and heating
in-unit washer/dryer
covered parking

Building Details

Year built 1963
Floors in Building 2
Number of units 6
Architectural style Contemporary
Listing Agency: Equity Union
Listed By: Eliyahu Appel · License #01918652
Added: Jul 30 Changed: Sep 12 Last Checked: Sep 16 at 12:06AM
MLS# 26865297

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.

Located at 439 S Oakhurst Dr in Beverly Hills, this contemporary apartment property contains six residences within 8,300 square feet. The unit mix includes one two-level, three-bedroom, three-bathroom townhouse with a den, updated kitchen and baths, and private laundry, plus five two-bedroom, two-bathroom apartments. Three of those apartments feature refreshed finishes, including quartz countertops, stainless steel appliances, renovated bathrooms, and laminate flooring. Select residences also include a den and in-unit laundry. Central heating and air conditioning serve all units.

The 0.1395-acre property was built in 1963 and includes 12 tandem parking spaces under cover. The roof was updated in 2019, and the zoning designation is BHR4YY. A 94 Walk Score places the building near Beverly Hills dining and retail, including Rodeo Drive, the Golden Triangle, and the Beverly Center.

Key Highlights

  • Six‑unit Beverly Hills apartment property totaling 8,300 square feet
  • Unit mix includes one three‑bedroom townhouse and five two‑bedroom apartments
  • 12 covered tandem parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$133,554
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.93%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,671,080 $2.7M
Cap Rate 7%
$1,907,914 $1.9M
Cap Rate 9%
$1,483,933 $1.5M
Market Conditions
NOI Build-Up for 8,300 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$263.9K $31.80/SF
− Vacancy
−$21.1K −$2.54/SF
EGI
$242.8K $29.26/SF
− OpEx
−$109.3K −$13.17/SF
NOI
$133.6K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,671,080
Cap Rate 7%
$1,907,914
Cap Rate 9%
$1,483,933

Alternative Uses

Best Use
Apartment 5plus
$1.91M
$1.67M – $2.23M (±1% cap)
NOI $133,554 @ 7.0% cap · market cap 3.93%
Second Best
no second resolved use
Theoretical Best
Office A
$4.44M
$3.89M – $5.18M (±1% cap)
NOI $311,065 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

6,511
Businesses Nearby

Demographics for 90212, CA

11,451
Population
6,107
Households
1.9
Avg Household Size
43
Median Age
74%
College-Educated
98%
High-School Grad
0.9 sq mi
ZIP Area
12,723
Density / Sq Mi
$116,238
Median Household Income
$70,031
Median Earnings
$2,764
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?
Apartment building - Contemporary multifamily property with townhouse-style living, updated interiors, covered parking, and central HVAC.
Where is this apartment building located?
The property is located at 439 S Oakhurst Dr Beverly Hills, CA.
What is the asking price?
The asking price for this property is $3,395,000.
What are key features of this property?
This property features: Six‑unit Beverly Hills apartment property totaling 8,300 square feet; Unit mix includes one three‑bedroom townhouse and five two‑bedroom apartments; 12 covered tandem parking spaces
More about this property
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