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Property profile & analytics
OFF-MARKET
Estimated value
$9,000,000
Retail space
249 Beverly Dr Beverly Hills, CA 90212-3807
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7164833
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1935
Construction
TILT-UP CONCRETE
Total area
3,584 SF
Lot
0.13 ac (5,505 SF)
Zoning code
BHC3*
APN
4328-034-009
UPID
US09-7164833
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Rumi Antiques Beverly Hills Home Decor Store (Bike/Boat/Book/etc) Store
-
The Dina Collection (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.00M
Owner & transaction history
249 251 S Beverly Dr LLC · 2 yrs held
249 251 S Beverly Dr LLC
since 2024
Last sale
$9.0M
7 recorded transactions
Zoning & alternative use
BHC3* · Beverly Hills, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Beverly Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beverly Hills submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$9,000,000
ML approach
$9,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.00M
Range $8.10M – $9.90M · ±10% · vs last sale $9.00M (Mar 8 2024)
Last sale anchor
$9.00M
Mar 8 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$2,511 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$114,965
Tax year 2024
Assessed value
$9,550,872
Assessed 2024
Previous assessed
$9,550,872
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$7,959,060
Assessed improvement
$1,591,812
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1935
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
3,584 SF
Lot
0.13 ac (5,505 SF)
Zoning code
BHC3*
APN
4328-034-009
UPID
US09-7164833
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BHC3* · Beverly Hills, CA
Zoning BHC3* · permitted uses
BHC3* · Beverly Hills, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beverly Hills. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1935
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
249 251 S Beverly Dr LLC
Entity
Mailing address
3452 COUNTRY CLB DR, GLENDALE, CA 91208-1154
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2024
—
249 251 S Beverly Dr LLC
249 251 S Beverly Dr LLC
Intrafamily Transfer
related
$8,700,000 · Calprivate Bank
Sep 1, 2022
—
493 E Colorado LLC
—
Deed
related
$7,250,000 · B A Lending LLC
May 17, 2021
$9,000,000
493 E Colorado LLC
Dbs Diamonds INC
Grant Deed
$6,750,000 · B A Lending LLC
May 5, 2021
$3,707,039
Dbs Diamonds INC
Asher Investment Properties LLC
Trustees Deed
related
—
Oct 2, 2020
—
Asher Invs Prop LLC
—
Deed
related
$3,487,003 · Private Individual
May 21, 2020
—
Asher Invs Prop LLC
—
Deed
related
$3,091,090 · Dbs Diamonds INC
Apr 1, 2019
—
Asher Invs Prop LLC
—
Deed
related
$1,200,000 · Podell A & M F/tr (pt)
Mar 22, 2019
—
Asher Invs Prop LLC
—
Deed
related
$1,200,000 · Carl Parmer
Jun 22, 2016
—
Asher Investment Properties Ll
—
Deed
related
$6,000,000 · Bbcn Bk
Mar 2, 2015
—
Asher Investment Properties LLC
Asher Investment Property LLC
Correction Deed
related
$6,000,000 · Fp Lender LLC
Dec 7, 2007
—
Asher Investment Property LLC
Raskin Enterprises
Grant Deed
$3,850,000 · Israel Discount Bank Of New York
Mar 9, 1990
—
Raskin Ents
Rask
Quit Claim Deed
related
—
Jul 25, 1989
—
Barry Noreen
Raskin B Raymond
Grant Deed
related
—
—
—
Asher Investment Property LLC
—
Deed Of Trust
related
$600,000 · Garry Itkin
—
—
Asher Investment Properties Ll
—
Deed Of Trust
related
$6,000,000 · Bbcn Bk
—
—
Asher Investment Property LLC
—
Deed Of Trust
related
$1,000,000 · Gary Itkin
—
—
Asher Invs Prop LLC
—
Deed Of Trust
related
$3,091,090 · Dbs Diamonds INC
—
—
Asher Invs Prop LLC
—
Deed Of Trust
related
$3,487,003 · Private Individual
—
—
Asher Invs Prop LLC
—
Deed Of Trust
related
$1,200,000 · Podell A & M F/tr (pt)
—
—
Asher Investment Property LLC
—
Deed Of Trust
related
$200,000 · Garry Itkin
—
—
Asher Invs Prop LLC
—
Deed Of Trust
related
$1,200,000 · Carl Parmer
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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