6-Unit Apartment
New
For Sale
$3,500,000
9430 Gregory Way, Beverly Hills, CA 90212
Apartments have separate gas and electric meters, with a new roof and seismic gas shut-off valves at every unit.
Property Size7,599 SF
Lot Size0.17 Acres
Price / SF$460.59
Days on Market5
Property Features for 9430 Gregory Way
General Information
Standard status
Active
Size
7,599 SF
Lot size
0.17 Acres
Property subtype
MULTI_FAMILY
Zoning
R4
Occupancy
100%
Site & Location
Neighborhood
Preuss
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA, 2 x 2BR/1BA, 2 x 2BR/1.5BA, 1 x 3BR/2BA
Multifamily Units
6
Individually Metered Utilities
gas, electric
Additional Details
Tenant in Place
Yes
Building Details
Building Size
7,599 SF
Year Built
1949
Listing Agency:
Lyon Stahl Investment Real Estate, Inc.
Listed By:
Michael Monempour · License #01996829
(310) 883-7070
Source:
Joshflagg
Added: Nov 2
Changed: Nov 4
Last Checked: Nov 4 at 11:58AM
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 Lyon Stahl Investment Real Estate, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1949 apartment property contains six units across approximately 7,599 square feet, on a 7,283-square-foot R4-zoned lot. The mix includes one 1-bedroom/1-bathroom apartment, two 2-bedroom/1-bathroom apartments, two 2-bedroom/1.5-bathroom apartments, and one 3-bedroom/2-bathroom apartment. Units average more than 1,200 square feet. The building has a new roof, separate gas and electric meters, seismic gas shut-off valves at each unit, and a completed SB 721 balcony inspection. The property is fully occupied.
At 9430 Gregory Way in Beverly Hills, the property is one block from South Beverly Drive and within walking distance of Rodeo Drive and the Golden Triangle. Century City and Cedars-Sinai Medical Center are nearby, and the Metro D Line extension along Wilshire Boulevard is cited as an access point. The address is served by the Beverly Hills Unified School District and has a Walk Score of 94.
At 9430 Gregory Way in Beverly Hills, the property is one block from South Beverly Drive and within walking distance of Rodeo Drive and the Golden Triangle. Century City and Cedars-Sinai Medical Center are nearby, and the Metro D Line extension along Wilshire Boulevard is cited as an access point. The address is served by the Beverly Hills Unified School District and has a Walk Score of 94.
Key Highlights
- Six apartments totaling approximately 7,599 square feet on a 7,283‑square‑foot R4‑zoned lot
- Unit mix: one 1‑bedroom/1‑bathroom, two 2‑bedroom/1‑bathroom, two 2‑bedroom/1.5‑bathroom, and one 3‑bedroom/2‑bathroom
- Apartments average more than 1,200 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,274
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,445,480
$2.4M
Cap Rate 7%
$1,746,771
$1.7M
Cap Rate 9%
$1,358,600
$1.4M
Market Conditions
NOI Build-Up for 7,599 SF
Gross rent
$241.6K $31.80/SF
− Vacancy
−$19.3K −$2.54/SF
EGI
$222.3K $29.26/SF
− OpEx
−$100.0K −$13.17/SF
NOI
$122.3K $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%
$2,445,480
Cap Rate 7%
$1,746,771
Cap Rate 9%
$1,358,600
Alternative Uses
Best Use
Apartment 5plus
$1.75M
$1.53M – $2.04M
NOI $122,274 @ 7.0% cap · market cap 3.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.07M
$3.56M – $4.75M
NOI $284,793 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
14,660
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Apartment building - Apartments have separate gas and electric meters, with a new roof and seismic gas shut-off valves at every unit.
Where is this apartment building located?
The property is located at 9430 Gregory Way Beverly Hills, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Six apartments totaling approximately 7,599 square feet on a 7,283‑square‑foot R4‑zoned lot; Unit mix: one 1‑bedroom/1‑bathroom, two 2‑bedroom/1‑bathroom, two 2‑bedroom/1.5‑bathroom, and one 3‑bedroom/2‑bathroom; Apartments average more than 1,200 square feet
