132 S Spalding Dr

Beverly Hills, CA 90212
  • $11,950,000

    Price
  • 16

    Bed
  • 12

    Bath
  • 25,520

    SqFt

About the Listing CLW-X7538301 - CLW-X90025

INCREDIBLE PRICE IMPROVEMENT of $1,300,000 FROM ORIGINAL LIST PRICE. A+++ LOCATION. 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.

Listing Highlights for 132 S Spalding Dr

Status Pending
Days on Site 81
Property Type Multi-Family
MLS ® 25553551
Year Built 1937
Total Square Footage 25,520
Lot/Acreage 0.42

Interior Details

  • Bedrooms: 16
  • Bathrooms: 12 Full
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 19
  • Zoning: BHR4YY
  • Roof:
  • Others: 2+ Total Units
  • Sewer:
  • Parking Features: Assigned,Subterranean

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4328009014
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

132 S Spalding Dr Beverly Hills, CA 90212

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: CA_CRISNET

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way