336 N Palm Drive,Beverly Hills, CA 90210
Beverly Hills, CA 90210
Description
Rare opportunity to acquire a charming six-unit apartment building in an exceptional Beverly Hills location. Originally built in 1936, 336 N. Palm Drive reflects the excellent craftsmanship, generous scale, and thoughtful proportions of the era, with classic period architecture and character-rich details throughout. Oak hardwood floors, decorative crown moldings, large French windows, high ceilings, and abundant natural light contribute to the building's timeless appeal. The property consists of six well-proportioned one-bedroom, one-bathroom residences, each featuring in-unit laundry and one reserved parking space within the rear covered carport. Select residences also feature separate formal dining rooms and generous closet space. Situated in prime Beverly Hills, North Palm Drive offers an exceptional combination of residential character and immediate access to the very best of the city and surrounding Westside. The Beverly Hills Golden Triangle, Cedars-Sinai Medical Center, and the renowned shopping, dining, and hospitality destinations along Beverly, Robertson, and West 3rd Street are all just minutes away. Residents also enjoy access to the coveted Beverly Hills Unified School District and the City of Beverly Hills' exceptional municipal services, including its dedicated police and fire departments, both located in close proximity to the property. The Beverly Hills Tennis Center and numerous recreational and lifestyle amenities are also nearby. Two of the six residences are currently vacant, with a third (Unit F) anticipated to be delivered vacant at close of escrow. This presents an exceptional opportunity for an incoming investor to reposition 50% of the building, implement selective improvements, and establish new tenancies at prevailing market rents. The property may also offer potential for the future addition of one or more Accessory Dwelling Units (ADUs), subject to applicable state and local regulations, site conditions, and City approval. Buyer to independently investigate and verify all development and ADU potential. With classic Beverly Hills character, an attractive unit mix, in-unit laundry, covered parking, rental upside, and two vacant units, 336 N. Palm Drive represents a compelling pride-of-ownership multifamily investment and an ideal opportunity for a 1031 Exchange buyer seeking a quality asset in one of Southern California's most sought-after communities.
Details
| MLS # | 26993755 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1936 |
| Days On Site | 43 |
| Listing Provided By | Sotheby's International Realty | Allen Roth |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 6 |
| SQ Feet | 4,598 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 6 |
| Building(s) | 1 |
| Zoning | BHR4* |
| Acreage | 0.18 |
| Property View | None |
Interior
| Heating | Floor Furnace |
|---|---|
| Heating Yes / No | Yes |
| Appliances | Gas Cooktop, Disposal, Gas Oven, Refrigerator, Dryer, Washer |
| Fireplace Yes / No | No |
Exterior
| Roof | Composition, Shingle |
|---|---|
| Foundation Details | Raised |
Parking
| Parking Features | Covered, Carport |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Beverly Hills |
| Zip Code | 90210 |
| Area | C01 Beverly Hills |
| Listing VS Median (in 90210) | |
Price: $3,250,000 low | high Med: $2,547,498 sqft: 4,598 low | high Med: 2,301 $ / sqft: $707 low | high Med: $1,111 On site: 43 low | high Med: 261 | |
Market Activity 90210
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Beverly Hills |
| Zip Code | 90210 |
| Area | C01 Beverly Hills |
| Listing VS Median (in 90210) | |
Price: $3,250,000 low | high Med: $2,547,498 sqft: 4,598 low | high Med: 2,301 $ / sqft: $707 low | high Med: $1,111 On site: 43 low | high Med: 261 | |
