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Large-Layout Apartment Building
New
For Sale
$3,895,000

9930 Durant Dr, Beverly Hills, CA 90212

Residential Income, Beverly Hills, CA

Property Size11,334 SF
Lot Size0.14 Acres
Price / SF$343.66
Days on Market2

Property Features for 9930 Durant Dr

General Information

Property type Residential Multi Family
Property subtype Other
Zoning BHR4YY
Bedrooms 14
Bathrooms 14
Full bathrooms 3
Rooms Bedroom 4, Bedroom 11, Bedroom 5, Bathroom 5, Bathroom 7, Bedroom 9, Bedroom 3, Bedroom 1, Bedroom 12, Bedroom 8, Bedroom 13, Bedroom 6, Bathroom 4, Bathroom 9, Bathroom 6, Bathroom 13, Bathroom 14, Bathroom 8, Bedroom 7, Bedroom 10, Bathroom 1, Bathroom 11, Bathroom 10, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 12, Bedroom 14
Parking 12
Parking features Carport, Assigned
Fireplace 1
Directions A+++ Beverly Hills Location.
Subdivision Beverly Hills
Standard status Active
APN 4328-004-010
Size 11,334 SF
Lot size 0.14 Acres

Utilities

Heating system Central
Cooling system Central Air

Amenities

central heating and air conditioning
fireplaces
private balconies
on-site laundry facility

Building Details

Year built 1960
Floors in Building 3
Number of units 8
Listing Agency: Remax Commercial and Investment Realty · RE/MAX International
Listed By: Jonathan Taksa · License #01366169
Added: Sep 23 Changed: Sep 24 Last Checked: Sep 24 at 1:06PM
MLS# 26991965

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 1960, this apartment building contains 8 residences totaling 11,334 square feet. The unit mix includes six two-bedroom, two-bath apartments and two one-bedroom, one-bath apartments. Interior features include large floor plans, high ceilings, fireplaces, generous kitchens, oversized bedrooms, central heating and air conditioning, and private balconies. An on-site laundry facility adds convenience for residents.

The property is located at 9930 Durant Drive in Beverly Hills, California, near Beverly Hills High School, The Peninsula Beverly Hills, Century City, and One Beverly Hills. Parking is provided through carport and assigned spaces. Building improvements include a completed soft-story seismic retrofit, an updated main electrical panel, elevator modernization, and a newer roof.

Key Highlights

  • 8 apartments totaling 11,334 square feet
  • Unit mix includes six 2‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units
  • Central heating and air conditioning throughout the units

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
$182,373
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
4.68%
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%
$3,647,460 $3.6M
Cap Rate 7%
$2,605,329 $2.6M
Cap Rate 9%
$2,026,367 $2.0M
Market Conditions
NOI Build-Up for 11,334 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
$360.4K $31.80/SF
− Vacancy
−$28.8K −$2.54/SF
EGI
$331.6K $29.26/SF
− OpEx
−$149.2K −$13.17/SF
NOI
$182.4K $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%
$3,647,460
Cap Rate 7%
$2,605,329
Cap Rate 9%
$2,026,367

Alternative Uses

Best Use
Apartment 5plus
$2.61M
$2.28M – $3.04M (±1% cap)
NOI $182,373 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.07M
$5.31M – $7.08M (±1% cap)
NOI $424,773 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

15,140
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 - Eight apartments feature spacious floor plans, central HVAC, fireplaces, private balconies, and on-site parking.
Where is this apartment building located?
The property is located at 9930 Durant Dr Beverly Hills, CA.
What is the asking price?
The asking price for this property is $3,895,000.
What are key features of this property?
This property features: 8 apartments totaling 11,334 square feet; Unit mix includes six 2‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units; Central heating and air conditioning throughout the units
More about this property
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