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Agent Name Lisa Rubel
Agent

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$15,000,000price
Beds
Total Baths
12,810Sqft

Incredible Beverly Hills Development Opportunity. Two Beverly Hills land parcels for sale with total land area of approximately 22,635 square feet. Buyers have the opportunity to design and build up to 68,740 square feet with 31 units and 5 stories, as verified with the Department of Planning, City of Beverly Hills, or buyer can use current entitled plans and design approved by the City of Beverly Hills with 55,090 square feet. buildable, 20 units and 5 stories. Current tenants are all month to month with 60 days' notice. The property currently generates approximately $38,000 a month in rental income. Location is in high desirability area of Beverly Hills. APN #'s 4342-033-011 and 4342-033-021 must be purchased together.

Listing Details

Essential Information

MLS® #: 16139834
Square Footage: 12,810
Lot Size: 14,366
Year Built: 1941
Type: Income
Style: Unknown
Status: Active

Community Information

Address: 427 N. Palm Drive
Area: Beverly Hills
Neighborhood/Subdivision: Beverly Hills
City: Beverly Hills
County: Los Angeles
State: CA
Country: US
Zip Code: 90210

Amenities

View: City View

Additional Information

Zoning: BHR4*
HOA Fees: 0.00

Financials

$/SqFt: $1,171
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