Beverly Hills, CA 90212,132 S Spalding DR
Beverly Hills, CA 90212,132 S Spalding DR
Beverly Hills, CA 90212,132 S Spalding DR
Beverly Hills, CA 90212,132 S Spalding DR
Beverly Hills, CA 90212,132 S Spalding DR
Beverly Hills, CA 90212,132 S Spalding DR
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$ 13,250,000
Est. payment | /mo

35 Beds

32 Baths

25,520 SqFt


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$ 13,250,000
Est. payment | /mo
Save

35 Beds

32 Baths

25,520 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 25,520 sqft

Price per Sqft $519

MLS Listing ID 25553551

Bedrooms 35

HOA Y/N No

Year Built 1937

Lot Size 0.422 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area C01 - Beverly Hills

Zoning BHR4YY

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Assigned, Underground

Total Parking Spaces 19

Building

Story 3

Entry Level One,Multi/Split

Level or Stories One, Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4328009014

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Jonathan Taksa • Remax Commercial and Investment Realty

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

rwgbjg

Exceptional Realtors

There are a number of solid and competent realtors that can help you navigate the paperwork needed to either close a sale or negotiate a purchase of a home. The number of exceptional realtors who can develop a effective markeketing plan based on research, investment and strength of intellect and character are few and hard to find. Patrick and Ruby Raymond are those exceptional realtors. In addition, the other members of their team were each exceptional and epitomize professionalism. When Patrick first approached me, he stated a price than our home would generate that exceeded what I thought the market would bear. Then he proceeded to explain how this sale price could happen. First, he knew our neighborhood and its strength and weaknesses regarding its saleability. Next, he revealed the investments he had made to obtain a data base of pre-qualified buyers from throughout our state and around the country. Finally, Patrick and Ruby provided an in depth strategy on how to stage our home, establish timelines, and present tools they would use to sell the home. Some of their strategies were known but not always followed by other realtors, and additional strategies were proprietary to the Raymond team. The result was that we received three offers each either meeting of exceeding what Patrick and Ruby first told us our home could sell for. Throughout the process they both remained calm and focused even when little hickups occurred. It was a learning experience for us when we had questions about staging the home I found out later from the buyers how much Rubys’ strategies influenced their purchasing decision. Needless to say it is without any reservations that we would recommend the Raymond team whether you are purchasing or selling a home. P.S. They even gave us great input on strategies on how to buy our current home in a very competitive market.

Heather Squire

Transparent, Reliable & Honest

Ruby was extremely helpful, open, transparent, and reliable through the whole process, she really cared about us, understood our needs. Ruby was always available to answer our questions. Ruby really is the best! She was thorough and professional and great to work with. She scheduled the inspection and pest company, made it so easy to get everything done. She was honest and forthright- no games. Would use her again tomorrow if we were to buy or sell in the area.

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

agent
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | ruby@rubyraymond.com

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