www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33858700
33858701

447 S Palm Dr, Beverly Hills, CA 90212

MS
CA 01911703
Marcus & Millichap - Los Angeles
Listed by Marcus & Millichap - Los Angeles
$3,595,000
8 days on market
Updated 7 days ago

447 S Palm Dr

Details
APN 4332-001-011
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,756
Units 6
Cap Rate 3.91%
NOI $140,696
Occupancy 83.33%
Tenancy Multi
Pro-Forma Cap Rate 5.48%
Pro-Forma NOI $196,844
Price per SqFt $532
Class A
Year Built 1954
Buildings 1
Lot Size (SqFt) 6,078
Zoning BHR4YY

6 Unit in Beverly Hills

Marketing description

The Sterman Multifamily Group of Marcus & Millichap is pleased to present 447 S Palm Drive, a six-unit apartment property located in the prestigious Beverly Hills submarket. Built in 1954, the property sits on an approximately 6,078 square foot lot and offers roughly 6,756 square feet of rentable space. The unit mix consists of two (2) one-bedroom/one-bath units, three (3) two-bedroom/two-bath units, and one (1) three-bedroom/two-bath unit with a private deck. The three-bedroom unit will be delivered vacant, providing an excellent owner/user.

Attractive Assumable Financing at 3% Interest Only! Fixed Till Nov 2031, complemented by a prime Beverly Hills location with immediate access to world-class retail and dining along Rodeo Drive and Wilshire Boulevard, convenient connectivity to Century City, West Hollywood, and the greater Westside, and excellent access to the I-10 and I-405 freeways.

With its premier location, desirable unit mix, and strong long-term fundamentals, 447 S Palm Drive presents a compelling investment opportunity in one of Los Angeles' most sought-after and supply-constrained rental markets.

Investment highlights

  • Beverly Hills location
  • Approximately 6,756 square feet of rentable area situated on a 6,078 square foot lot
  • Unit mix consisting of two (2) one-bedroom/one-bath units, three (3) two-bedroom/two-bath units, and one (1) three-bedroom/two-bath unit with private deck
  • Three Bedroom Unit to be delivered vacant for an excellent owner/user opportunity
  • Attractive Assumable Financing at 3% Interest Only! Fixed Till Nov 2031
  • Prime location within close proximity to world-class retail and dining along Rodeo Drive and Wilshire Boulevard
  • Convenient connectivity to major employment hubs, including Century City, West Hollywood, and West Los Angeles
  • Excellent access to the I-10 and I-405 freeways, providing efficient connectivity to Downtown Los Angeles, the Westside, and key employment corridors

Listing Contacts

MS
CA 01911703
Marcus & Millichap - Los Angeles
Listed by Marcus & Millichap - Los Angeles

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$140,696.00
$11,724.67/mo

Valuation Metrics

0
DSCR
3.91%
Cap Rate
3.91%
ROI

Map

Zoning

Intelligence Badge
R-4 ResidentialMulti FamilyMultiple Residential Zone
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 23 uses
View all 23 uses
Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591