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5/01/25
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An upscale, 24-unit multifamily property in Beverly Hills has been offered for sale at an asking price of $18.45 mil, which averages out to about $769k per unit. The 40.9k sf property is located at 303 N Swall Dr, south of Burton Way and west of Robertson Blvd. It features four stories of apartments with a fifth-story penthouse.
Built in 1964, the unit mix includes large one- and two-bedroom units ranging from 1k sf to 1.8k sf (some with dens and wet bars) with high-end design features. The penthouse totals 3k sf and features private elevator access, wet bar, washer/dryer, and a huge rooftop outdoor space with a built-in barbeque and panoramic city views. The property also includes two subterranean parking levels with 42 spaces.
The property is listed with KW Commercial’s The Soroudi Team, led by Hamid Soroudi. According to Soroudi, this asset is one of the best multifamily properties in Beverly Hills with a grand-style entry and a penthouse unit with a private elevator access.
We’re told that the listing offers buyers a significant 59% potential upside in rents and a below-market 4.52% fixed interest rate assumable loan for the next four years which has a market value of $490k compared with a new loan at 6%.
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