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$9,026,000
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Property Description
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.
Full Property Details
Full Property Details for 132 S Spalding Dr
General
- Sold For: $9,026,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25553551
- Added to Site: 216 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 32
Bedrooms
- Total Bedrooms: 35
Additional Information
- Other Features: None
Parking
- Garage Description: Assigned, Subterranean
Location
- Area: Beverly Hills
- County: Los Angeles
- Driving Directions: Prestigious Beverly Hills location, just south of Wilshire Blvd. and north of Charleville.
Heating & Cooling
- Cooling Type: Wall/Window
- Heating Type: Wall
Structural Information
- # Buildings: 1
- Stories/Levels: 3
- Square Feet: 25,520
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1937
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 19
- Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
Unit 1
- Total Bathrooms: 3.5
- Bedrooms: 4
Unit 2
- Total Bathrooms: 3.5
- Bedrooms: 3
Unit 3
- Total Bathrooms: 2
- Bedrooms: 3
Unit 4
- Total Bathrooms: 2
- Bedrooms: 2
Unit 5
- Total Bathrooms: 1.5
- Bedrooms: 2
Unit 6
- Total Bathrooms: 1
- Bedrooms: 2
Unit 7
- Total Bathrooms: 1
- Bedrooms: 1
Unit 8
- Total Bathrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.4219
- Lot Size: 18379
- Lot Size Source: Vendor Enhanced
- Zoning: BHR4YY
Financial Considerations
- Price Per Sq. Ft.: $468.26
- Assessment Year: 1937
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 4328-009-014
Listed and Sold by Remax Commercial and Investment Realty, Jonathan Taksa
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Schools
Schools serving 132 S Spalding Dr
School District:Beverly Hills Unified School District
| Name | Grades | Distance |
|---|---|---|
El Rodeo Elementary School 605 Whittier Drive, Beverly Hills, CA 90210 | K-8 | 0.4 mi |
Beverly Hills High School 241 Moreno Dr., Beverly Hills, CA 90212 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 132 S Spalding Dr
Date
Details
Price
Change
Source
9/22/2025
Sold
$9,026,000
-24.47%
MLS
7/16/2025
Price Reduced
$11,950,000
-6.27%
MLS
6/30/2025
Price Reduced
$12,750,000
-3.77%
MLS
6/17/2025
Listed
$13,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
132 S Spalding Dr, Beverly Hills, CA 90212 (MLS# 25553551) is a Multi-Family property that was sold at $9,026,000 on September 22, 2025. Want to learn more about 132 S Spalding Dr? Do you have questions about finding other Multi-Family real estate for sale in Beverly Hills? You can browse all Beverly Hills real estate or contact a Coldwell Banker agent to request more information.

