BEVERLY HILLS, CA-NAI Capital has sold an 8-unit multifamily property located at 325 North Palm Drive in Beverly Hills.
Shari Baner, SVP with NAI Capital's Encino office, represented the seller, Zintel Holdings, and the buyer, Cowboy and Company LLC, in the sale and purchase. The value of the transaction was not disclosed.
The luxurious two-story regency style courtyard property was built in 1940 and has not been on the market in over 60 years. The property exhibits colonial Spanish architectural accents, hardwood floors, crown molding and beautiful gardens throughout its 7,497 sq. ft. lot. Recent renovations include updated plumbing and electrical. Each unit also has access to enclosed garage parking in the rear. The charming upper level apartments have separate entry with treetop views.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
