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Real Estate Listing at Properties from The Knight Group LA

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The Knight Group LA

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$11,950,000
47 Days On Site

132 S Spalding Drive
Beverly Hills, CA 90212

For Sale|Multi Family|Active
35
Beds
32
Total Baths
25,520
SqFt
$468
/SqFt
1937
Built
County:
Los Angeles
Call Now: 503.200.4823
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503.200.4823
132 S Spalding Drive132 S Spalding Drive132 S Spalding Drive132 S Spalding Drive
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Monthly Payment (Est.)

$54,521
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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.

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Listing Snapshot
Price 
$11,950,000
Days On Site 
47 Days
Bedrooms 
35
Inside Area (SqFt) 
25,520 sqft
Total Baths 
32
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4219 Acres
Year Built 
1937
MLS® Number 
25553551
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
3 weeks agoPrice changed to $11,950,000
2 months agoListing first seen on site
General Features
Acres 
0.4219
Number Of Stories 
3
Parking 
AssignedUnderground
Parking Spaces 
19
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
25520
Stories 
OneMulti/Split
Zoning 
BHR4YY
Interior Features
Cooling 
Wall/Window Unit(s)
Heating 
Wall Furnace
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Community Features
MLS Area 
C01 – Beverly Hills
Listing courtesy of Jonathan Taksa of Remax Commercial and Investment Realty
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Based on information from the The MLS as of 2025-08-04 01:28 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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