Located in the prestigious Beverly Hills area, this property at 435 N Palm Dr Apt 103 offers immense rental potential. With 9 units averaging a rental range of $3.5K to $5.6K, the total potential revenue can reach between $31.8K to $50.3K monthly. Given the area's demand and upscale features, such as granite counters and stainless appliances, the payback period is promising. Beverly Hills' market remains resilient, though competition is steep. Unique selling points include its contemporary style and prime location, but challenges might include high HOA fees.
To enhance rental potential, consider modernizing interior finishes and enhancing energy efficiency, which could command higher rents. For owners looking to sell, positioning the property as a luxury condo in a high-demand area like Beverly Hills can attract premium buyers. A thorough market analysis and strategic marketing plan would maximize the sale price, ensuring a lucrative transaction.