202 N La Peer Dr — Sale in Beverly Hills, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Beverly Hills, CA 90211
Investment Figures
- Cap rate
- 3.16%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus and Millichap is pleased to present the opportunity to acquire 202 N La Peer Dr, an 8-unit multifamily investment opportunity located in the highly desirable 90211 zipcode of Beverly Hills. Investment Highlights: • Strong One-Bedroom Demand: Eight 1-bedroom, 1-bathroom units cater to a broad renter base, supporting consistent occupancy and reliable cash flow. • On-Site Parking Availability: Features dedicated parking space, providing added convenience for tenants and a competitive advantage in a high-density area. • On-Site Laundry Facility: Convenient on-site laundry room enhances tenant experience while offering potential for additional income. • Prime Beverly Hills Location: Situated in a highly desirable neighborhood, offering strong tenant demand and long-term appreciation potential.
Market Context
This multifamily in Beverly Hills, CA is listed for sale. It is offered at an approximate 3.2% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 100 days. Compare it against other multifamily listings for sale in Beverly Hills, CA — view the full market.
As of Q1 2026, the Greater Los Angeles multifamily market showed average asking rents near $2333.00/unit/mo, and cap rates around 5.0%. Source: multiple brokerage reports, Q1 2026.
Its 3.2% asking cap rate is below the Greater Los Angeles multifamily market average of about 5.0%, reflecting premium pricing relative to comparable assets.
Multifamily market FAQ
- What is the typical cap rate for multifamily in Greater Los Angeles?
- About 5.0% as of Q1 2026, per multiple brokerage reports.
Contact
- Tony Azzi · (310) 909-5454 · tony.azzi@marcusmillichap.com
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