218 S Tower Dr, Beverly Hills, CA, 90211
About This Home
First time on the market in 26 years. Well maintained property with significant (25%) upside in rents. Priced at 12.3 x gross and 5% cap at closing; 9.8 x gross and 7% cap with rents at market. $309,375/unit and $367/bldg. S.F.
Getting Around
Walker's Paradise
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1929
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 24
- Bathrooms: 32
Heating & Cooling
- Heating features: Other
- Cooling features: Other
Interior Area
- Total structure area: 26,972
- Total interior livable area: 26,972 sqft
Property
Details
- Parcel number: 4333030002
- Zoning: BHR475
- Special condition: Standard
- Other equipment: Other
Features
- Levels: Three Or More
- Stories: 4
Lot
- Lot size: 0.29 Acres
- Lot size dimensions: 50 x 245
Parking
- Total spaces: 12
- Parking features: Assigned
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $50,059 | $600,708 |
| Home Insurance * | $1,347 | $16,164 |
| Property Taxes | $5,527 | $66,324 |
| Electricity | $5,783 | $69,405 |
| Total | $62,716 | $752,592 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-03 | Listed for sale | $9,900,000 |
| 2026-05-04 | Listing removed | $9,900,000 |
| 2026-04-01 | Listed for sale | $9,900,000 |
| 2023-07-17 | Listing removed | -- |
| 2023-05-30 | Listed for rent | $1,650 |
| 2020-11-07 | Listing removed | $1,895 |
| 2020-09-06 | Listed for rent | $1,895 |
| 2020-08-05 | Listing removed | $1,850 |
| 2020-08-02 | Price change | $1,850 |
| 2020-06-04 | Listed for rent | $1,895 |
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