427 Palm Drive, Beverly Hills, CA, 90210

427 Palm Drive, Beverly Hills, CA, 90210 < >
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for sale
$15,000,000
Status:Active Under Contract
MLS #:16139834
Date Updated:
For information contact:
CENTURY 21 Ditton Realty
559-683-7653
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Incredible Beverly Hills Development Opportunity. Two Beverly Hills land parcels for sale with total land area of approx. 22,635 SF. Buyers have the opportunity to design and build up to 68,740 SF with 31 units & 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 SF. buildable, 20 units & 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 & 4342-033-021 must be purchased together.
Community Information
County Or Parish: Los AngelesMLS Area Major: C01 - Beverly Hills
Zoning: BHR4*

Property Information From MLS Data
Parcel Number: 4342033011

Financial Information
Association Fee: 0

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Monthly Payment for 427 Palm Drive
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$15,000,000
Down Payment:
Loan Amount:$12,000,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Lisa Rubel, The Agency

Information obtained from CACRMLS is current as of 8/18/2017 9:19 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.