215 N SWALL DRIVE
PRICE
BUILDING SIZE
BEVERLY HILLS, CA 90211
$2,500,000
5,226 SF
LOT SIZE
5,744 SF
CAP RATE
PRO FORMA CAP
PRICE / UNIT
2.63%
7.78%
$500,000
The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 215 N Swall Drive, Beverly Hills: five one-bedroom units in a 1937 building on a tree-lined block between Wilshire Boulevard and Burton Way. The 5,226 SF building sits on a 5,744 SF lot zoned R-4, with five covered spaces off the alley, and is offered at $2,500,000: $500,000 a unit and $478 a foot.
All five units are month-to-month at $9,415 a month, $112,982 a year: 44% of market. As units turn over and re-lease at the BMG pro forma rent of $4,250 a unit, the rent roll reaches $255,000 a year, a $142,018 gap. Units average 1,045 SF; four have a den or dining room and one a second-floor balcony.
On North Swall Drive just north of Clifton Way, in the Beverly Hills flats east of the Golden Triangle. Robertson Boulevard is one block east, Cedars-Sinai is 0.6 mile and the Beverly Center 0.9 mile by road, and Rodeo Drive is 1.0 mile. Walk Score 85.
At $2,500,000 the Property returns a 2.63% cap rate on today’s rents ($65,713 NOI) and a 7.78% pro forma cap rate at market ($194,400 NOI), with a GRM of 22.13 today and 9.80 pro forma. At $500,000 a unit it is 24.5% below the median of seven pre-war Beverly Hills sales since January 2025.