Los Angeles, Land – 427 N Palm Dr, Beverly Hills, CA 90210, USA -001-11-30T00:00:00-08:00
Incredible Beverly Hills Development Opportunity. Two Beverly Hills land parcels for sale with total land area of approx. 22,635 sq.ft. Buyers have the opportunity to design and build up to 68,740 sq.ft with 31 units and 5 stories, as verified with the Depar
427 N Palm Dr, Beverly Hills, CA 90210, USA
$15,000,000 USD
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Address427 North Palm Drive, Beverly Hills
Price$15,000,000
Year Built2017
Bedrooms Total0
Lot Size (Sq.Ft.)14,366
Listing ID16139834
StatusActive
Parcel Number4342033011
ZoningBHR4
Special ConditionsStandard
Days on Market293

Detailed Description: Incredible Beverly Hills Development Opportunity. Two Beverly Hills land parcels for sale with total land area of approx. 22,635 sq.ft. Buyers have the opportunity to design and build up to 68,740 sq.ft 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 sq.ft. Buildable, 20 units and 5 stories. Current tenants are all month to month with 60 days’ notice. The property currently generates approx. $38K 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.


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Address Information
Address427 North Palm Drive, Beverly Hills
Street PrefixNorth
Street SuffixDrive
CityBeverly Hills
Location (MLS Area)C01 – Beverly Hills
County Or ParishLos Angeles
State or ProvinceCalifornia
Postal Code90210
Financial Information
Price per Square Foot$1,000.00
Price per Lot Square Foot$1,044.13
Special ConditionsStandard
Tax Year2000
Full Descriptions
Parcel Number4342033011
Detailed DescriptionIncredible Beverly Hills Development Opportunity. Two Beverly Hills land parcels for sale with total land area of approx. 22,635 sq.ft. Buyers have the opportunity to design and build up to 68,740 sq.ft 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 sq.ft. Buildable, 20 units and 5 stories. Current tenants are all month to month with 60 days’ notice. The property currently generates approx. $38K 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.
Property parameters
Year Built2017
Lot Size (Sq.Ft.)14,366
ZoningBHR4
Listed withLisa Rubel (The Agency)