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9214 Beverly Blvd, Beverly Hills, CA 90210

Sale Price: $6,300,000
Sep 9, 202410,210 sqft16 beds14 baths
Listed by: Eliyahu Appel
License #: 01918652
Phone #: 818-212-2707
Marcus & Millichap
Source:
CRMLS Logo
MLS #: 24444783

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$80,964

TurboHome Estimated Value

$5,946,300

$582 sqft

High Valuation
$6,243,615
$612/sqft
Normal Valuation
$5,946,300
$582/sqft
Low Valuation
$5,648,985
$553/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$582/sqft$5,946,300

Neighborhood

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Comparative Value

$5.45M

$6.30M

$6.50M

318 N Oakhurst Dr, Beverly Hills, CA 90210

Sale Price: $5,450,000

Selected Comparable

9214 Beverly Blvd, Beverly Hills, CA 90210

Sale Price: $6,300,000

Selected Comparable

9214 Beverly Blvd, Beverly Hills, CA 90210

List Price: $6,495,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
9214 Beverly Blvd, Beverly Hills, CA 90210

9214 Beverly Blvd, Beverly Hills, CA 90210

List: $6,495,000

Listed: 9/9/2024

Area:10,210 sqft
Price/sqft:$636
Beds:16
Baths:14
Year Built:
Lot Size:13,144

Comparable Properties

COMPARABLE
Choose comps
9214 Beverly Blvd, Beverly Hills, CA 90210

9214 Beverly Blvd, Beverly Hills, CA 90210

Sale: $6,300,000

11/15/20240.00 mi

Area:10,210 sqft
Price/sqft:$617
Beds:16
Baths:14
Year Built:
Weight:67.0%
318 N Oakhurst Dr, Beverly Hills, CA 90210

318 N Oakhurst Dr, Beverly Hills, CA 90210

Sale: $5,450,000

2/5/20250.32 mi

Area:13,470 sqft
Price/sqft:$405
Beds:17
Baths:15
Year Built:
Weight:33.0%

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