132 S Spalding Drive, Beverly Hills, CA 90212
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley



132 S Spalding Drive,Beverly Hills, CA 90212
$11,950,000
- 35 Beds
- 32 Baths
- 25,520 sq. ft.
- Multi-family
- Active
Listed by:jonathan taksa
Office:remax commercial and investment realty
MLS#:25553551
Source:CRMLS
Price summary
- Price:$11,950,000
- Price per sq. ft.:$468.26
About this home
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.
Contact an agent
Home facts
- Year built:1937
- Listing Id #:25553551
- Added:57 day(s) ago
- Updated:August 13, 2025 at 01:21 PM
Rooms and interior
- Bedrooms:35
- Total bathrooms:32
- Living area:25,520 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnace
Structure and exterior
- Year built:1937
- Building area:25,520 sq. ft.
- Lot area:0.42 Acres
Finances and disclosures
- Price:$11,950,000
- Price per sq. ft.:$468.26
New listings near 132 S Spalding Drive
- Open Sat, 2 to 5pmNew$16,869,000Active6 beds 7 baths8,600 sq. ft.
455 Castle Place, Beverly Hills, CA 90210
MLS# 25573815Listed by: CHRISTIE'S INTERNATIONAL REAL ESTATE SOCAL - New$1,485,000Active2 beds 3 baths1,841 sq. ft.
411 N Oakhurst Drive #106, Beverly Hills, CA 90210
MLS# CL25576869Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New$2,900,000Active4 beds 4 baths3,000 sq. ft.
2250 Betty Lane, Beverly Hills, CA 90210
MLS# CL25577717Listed by: COLDWELL BANKER REALTY - New$3,950,000Active4 beds 5 baths3,202 sq. ft.
462 S Maple Drive #104A, Beverly Hills, CA 90212
MLS# SR25181328Listed by: HOMESMART EVERGREEN REALTY - New$3,950,000Active4 beds 5 baths3,202 sq. ft.
462 Maple Drive #104A, Beverly Hills, CA 90212
MLS# SR25181328Listed by: HOMESMART EVERGREEN REALTY - New$2,550,000Active5 beds 4 baths3,380 sq. ft.
9697 Moorgate Road, Beverly Hills, CA 90210
MLS# CL25577997Listed by: RODEO REALTY - New$6,750,000Active5 beds 4 baths3,967 sq. ft.
609 N Oakhurst Drive, Beverly Hills, CA 90210
MLS# CROC25181279Listed by: MARSHALL REDDICK REAL ESTATE - New$5,099,000Active8 beds 8 baths6,367 sq. ft.
1754 Franklin Canyon Drive, Beverly Hills, CA 90210
MLS# CL25577801Listed by: COLDWELL BANKER REALTY - New$19,945,000Active7 beds 12 baths12,000 sq. ft.
9520 Hidden Valley Road, Beverly Hills, CA 90210
MLS# CL25577533Listed by: CAROLWOOD ESTATES - New$5,399,000Active3 beds 4 baths2,550 sq. ft.
460 N Palm Drive #501, Beverly Hills, CA 90210
MLS# CL25575993Listed by: DOUGLAS ELLIMAN OF CALIFORNIA, INC.