The Flip Potential of 435 N Palm Dr Apt 103 Beverly Hills, CA🏡 is medium.
Current Specs
Multi-Family
9 Units
2 Bed / 2 Bath
1,299 sqft
$890 per sqft
Estimated Value$1,156,442
Flip Advice
The property at 435 N Palm Dr Apt 103 in Beverly Hills is located in a highly desirable neighborhood. With a square footage of 1,299 and a listing price of $599,000, it sits well below the median home price in the area ($2,995,000). However, the condo appears to have been recently remodeled, which may limit potential for significant profit through flipping. The current estimated value is around $1.14M, indicating a comfortable margin but not as high as properties needing more work.
Given the property's current condition and the competitive nature of the Beverly Hills market, it may be more beneficial to focus on minor updates or staging rather than a major renovation. This strategy can enhance its appeal during a sale without incurring substantial costs. If you’re looking to flip, consider holding off until the market appreciates further or the property accumulates more equity through market growth.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.
Flip Scenarios
Explore renovation scenarios based on recent comps in or around Westside LA that could increase the value of 435 N Palm Dr Apt 103:
Add 250 sqft...
+$233,760 (20.47%)
New Potential Value$1,375,949
0 Comparable Homes Found
Looking at ~1,574 sqft homes sold recently within 1.5 mi