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For sale
  • Price cut: $800K (7/16)
    $11,950,000

    132 S Spalding Dr, Beverly Hills, CA 90212

    35beds
    32baths
    25,520sqft
    : 
    Multi Family
    Built in 1937
    -- sqft lot
    $11,603,900 Zestimate®
    $468/sqft
    $-- HOA

    What's special

    Charming central courtyardLarge bay windowsMeticulously landscaped groundsSpacious kitchensTree-lined settingCrown moldingsOriginal hardwood floors
    INCREDIBLE PRICE IMPROVEMENT of $1,300,000 FROM ORIGINAL LIST PRICE. A+++ LOCATION. We are proud to present a rare, generational multifamily investment at 132 South Spalding Drive, nestled in the prestigious heart of Beverly Hills. This property is ideally located on one of the most coveted streets in all of Los Angeles, offering discerning investors multiple pathways to capitalize on some of the highest rental demand in the city. Situated along along a beautiful, tree-lined setting, the property boasts an exceptional unit mix with expansive floor plans drenched in natural light. 132 S Spalding Drive is comprised of 19 units, featuring an outstanding blend of mostly three-bedroom, two-bedroom, and one-bedroom apartments arranged around a charming central courtyard and meticulously landscaped grounds. Many units retain classic design details such as original hardwood floors, crown moldings, fireplaces, spacious kitchens and baths, and large bay windows. A rare amenity for its vintage, the building also includes a subterranean garage with ample assigned parking. With multiple vacancies, investors are presented with a prime value-add opportunity. Immediate upside can be captured by renovating the units, common areas, and infrastructure unlocking significant rental potential while preserving the historic character of the buildings. Beverly Hills remains a global symbol of luxury, lifestyle, and enduring real estate value. Just steps from iconic RodeoDrive, the Spalding property enjoys unparalleled walkability and access to world-class shopping, five-star dining, cultural landmarks, and thriving business districts. The forthcoming One Beverly Hills mega-development will further enhance the area's prestige, introducing new luxury residences, premium retail, and state-of-the-art office space. A short drive connects residents to Century City's booming commercial core, the vibrant Sunset Strip's entertainment scene, and the coastal beauty of Santa Monica Beach. Simply put, this location offers unmatched connectivity, prestige, and long-term value in a market that continues to outperform. This offering truly combines timeless Beverly Hills charm with upside potential ideal for investors seeking long-term value, luxury appeal, and an unbeatable location.
    63 days
    on Zillow
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    565
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    33
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    Zillow last checked: 7 hours ago

    Listing updated: July 16, 2025 at 03:01am

    Listed by:

    Jonathan Taksa DRE # 01366169 310-968-5303,

    Remax Commercial and Investment Realty 213-817-1000

    Source: CLAW,MLS#: 25553551MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 132 S Spalding Dr.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 35
    • Bathrooms: 32
    Heating
    • Wall
    Cooling
    • Wall/Window Unit(s)
    Interior area
    • Total structure area: 25,520
    • Total interior livable area: 25,520 sqft

    Property

    Parking
    • Total spaces: 19
    • Parking features: Assigned, Subterranean
    Features
    • Levels: Multi/Split,One
    • Stories: 3
    Lot
    • Size: 0.42 Acres
    Details
    • Additional structures: None
    • Zoning: BHR4YY
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1937

    Community & HOA

    Location
    • Region: Beverly Hills

    Financial & listing details

    • Price per square foot: $468/sqft
    • Tax assessed value: $14,120,347
    • Date on market: 6/17/2025
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