Technical
Financial
Distress signals
Property profile

432 Palm Dr Beverly Hills, CA 90210

OFF-MARKET
Apartment buildings
Property ID
US09-8505158
44,482 SF 0.37 ac lot Built 1962
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a meticulously maintained, 36-unit apartment building located at 432 N Palm Dr, Beverly Hills, CA 90210. The property boasts a total of 44,482 square feet, offering a compelling price per square foot of $515.94. Built in 1963 and extensively renovated between 2000 and 2024, this five-story building sits on a desirable R4 zoned lot. Currently operating at 100% occupancy (as of October 20, 2024), the property generates a strong net operating income (NOI) of $780,000, resulting in a 3.40% cap rate. The asking price is $22,950,000, translating to $637,500 per unit. Each unit enjoys ample space and the benefit of 1.3 parking spaces. Building amenities include controlled access, gated parking, a swimming pool, and a rooftop sundeck featuring two penthouse units with panoramic city views. This stabilized investment offers significant upside potential through rental increases. The property is owned as a California limited partnership. This is a rare opportunity to acquire a trophy asset in a prime Beverly Hills location.

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1962
Construction WOOD
Total area 44,482 SF
Lot 0.37 ac (16,126 SF)
Zoning code BHR4*
APN 4342-034-002
UPID US09-8505158

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building
  • High School
  • Alternative Medicine Practice
  • Consultant Professional Services
  • Film Production

Location

432 Palm Dr Beverly Hills, CA 90210-3977
Beverly Hills metro Census 700801 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
Last sale
$9.8M
5 recorded transactions
2025
$9.8M
2022
Price N/A
2017
Price N/A
2006
Price N/A
1990
Price N/A

Zoning & alternative use

BHR4* · Beverly Hills, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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