$6,300,000
$6,495,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
16 Beds
14 Baths
10,210 SqFt
SOLD DATE : 11/15/2024
Key Details
Sold Price $6,300,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,210 sqft
Price per Sqft $617
MLS Listing ID 24444783
Sold Date 11/15/24
Bedrooms 16
HOA Y/N No
Year Built 1949
Lot Size 0.302 Acres
Property Description
The property built in 1949, consists of fourteen units, totaling 10,210 rentable square feet on a 13,140 square foot lot. This 14-unit apartment building features a well-balanced mix of 2 two-bedroom, one-bathroom units and 12 one-bedroom, one-bathroom units (two currently vacant, with one including a balcony). The property includes on-site laundry facilities, 14 parking spots, and beautifully maintained landscaping. The unit interiors are designed with a combination of carpet, hardwood, and tile ooring, painted drywall, and aluminum-frame windows. Kitchens are equipped with hardwood cabinets, tile countertops, a four-burner gas range/oven, and dual-basin sinks, while bathrooms feature laminate and tile ooring, shower tiling, vanity sinks, cabinetry, and wall mirrors. Units include central gas heating and window-mounted air conditioning units. The Beverly Hills location adds signicant value, as the area is known for its luxury real estate and high rental demand. is strategically located in a highly desirable area within Beverly Hills, offering a blend of residential and commercial advantages. The property is situated in a neighborhood characterized by a mix of low to medium-density multifamily residences, with nearby streets such as Maple Drive and Palm featuring apartment buildings from the mid-20th century. This area has experienced substantial redevelopment over the past three decades, including the construction of modern 3-4 story apartment and condominium properties, indicating a trend toward upscale living. Directly northeast of the property, stands a newly developed ve-story condominium, adding to the area's growing appeal. 425 Palm is a limited collection of 20 timeless residences in Beverly Hills that have been commissioned as individual works of art. These luxury residences feature open oor plans with one, two, or three bedrooms, all appointed with exquisite nishes. To the west, on Maple Drive, a 175,000 SF ofce complex built in 2003 houses prestigious tenants like Fandango Media LLC, Mosaic Media, and the Wall Street Journal, offering Class A ofce space that enhances the area's professional and commercial prole. Additionally, Cedars-Sinai Medical Center, a major healthcare facility located approximately 0.70 miles east, further boosts the area's attractiveness by providing essential services and employment opportunities. Approximately 0.50 miles southwest, the renowned Beverly Hills "Golden Triangle" centers on Rodeo Drive, a luxury shopping destination featuring high-end retailers such as Tom Ford, Fendi, Valentino, and Cartier. This proximity to elite shopping and dining options underscores the property's location in a high-value, high-demand area. Overall, 9214 Beverly Blvd. benets from its position within a vibrant and evolving neighborhood, combining residential charm with access to commercial amenities and luxury attractions.
Location
State CA
County Los Angeles
Area C01 - Beverly Hills
Zoning BHR4YY
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Assigned
Total Parking Spaces 14
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4342006013
Special Listing Condition Standard
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Bought with Eliyahu Appel • Marcus & Millichap
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Broker Associate | Lic# 01398838