460 N Palm Drive 501, Beverly Hills, California 90210, Beverly Hills, 90210 - 3 bed, 4 bath

460 N Palm Drive 501, Beverly Hills, California 90210 home-pic-0
ACTIVE$5,099,000
460 N Palm Drive 501, Beverly Hills, California 90210
3Beds
4Baths
2,550Sqft
26,279Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Top Cons:
High Association Fees: The monthly association fee of $1,904.86 is substantial and represents a significant ongoing cost of ownership, which could be a deterrent for some buyers.

Compared to the nearby listings

Price:$5.10M vs avg $1.78M (+$3,321,500)92%
Size:2,550 sqft vs avg 1,997.5 sqft67%
Price/sqft:$2.0K vs avg $86192%

More Insights

Built in 2015 (10 years old).
Condition: This penthouse, built in 2015, is a recently constructed luxury property. The images and description confirm a 'chef's kitchen with marble finishes and professional appliances,' modern dark cabinetry, and high-end stainless steel appliances (Sub-Zero, wall ovens). The flooring is consistent hardwood, and light fixtures are contemporary. The property boasts 'smart home integration' and a 'spa-like bath' in the primary suite, indicating top-tier, virtually new components throughout. The exclusive rooftop with an outdoor kitchen and spa further exemplifies its excellent condition and luxury features, with no signs of deferred maintenance or physical depreciation.
Year Built
2015
Close
-
List price
$5.1M
Original List price
$5.4M
Price/Sqft
$2,000
HOA
$1,904.86
Days on market
-
Sold On
-
MLS number
25575993
Home ConditionExcellent
Features
Excellent View: City Lights
Deck
Spa
ViewCity Lights

About this home

Penthouse 501 at 460 N Palm Drive delivers Beverly Hills luxury with unmatched style. This 3-bedroom, 4-bath residence offers direct elevator access, expansive living and dining areas, and a chef's kitchen with marble finishes and professional appliances. The primary suite features a spa-like bath, custom walk-in closet, and private terrace access. An exclusive spacious rooftop crowns the home, complete with multiple lounges, a fire feature, outdoor kitchen, dining space, and spa - set against sweeping city and hillside views. Additional features include en-suite bedrooms, laundry room, smart home integration, three secure side by side parking spaces, private storage, and access to a fitness center and 24-hour concierge.

Nearby schools

9/10
West Hollywood Elementary School
Public,K-50.7mi
4/10
Rosewood Avenue Elementary School, School for Advanced Studies
Public,K-61.0mi
5/10
Carthay Center Elementary
Public,K-51.9mi
7/10
Canfield Avenue Elementary School
Public,K-52.0mi
9/10
Warner Avenue Elementary School
Public,K-52.5mi
9/10
Wonderland Avenue Elementary School
Public,K-52.5mi
9/10
Fairburn Avenue Elementary School
Public,K-52.6mi
8/10
Hawthorne Elementary School
Public,K-80.7mi
8/10
Beverly Vista Elementary School
Public,K-81.0mi
8/10
Horace Mann Elementary School
Public,K-81.1mi
8/10
El Rodeo Elementary School
Public,K-81.5mi
3/10
Hubert Howe Bancroft Middle School
Public,6-83.2mi
7/10
John Burroughs Middle School
Public,6-83.3mi
7/10
Palms Middle School
Public,6-84.1mi
3/10
Daniel Webster Middle School
Public,6-84.2mi
9/10
Beverly Hills High School
Public,9-121.6mi
7/10
Fairfax Senior High School
Public,9-121.8mi
6/10
Alexander Hamilton Senior High School
Public,9-123.1mi
6/10
University Senior High School Charter
Public,9-124.6mi
6/10
University Senior High School
Public,9-124.6mi

Price History

Date
Event
Price
05/30/17
Sold
$5,000,000
10/02/15
Sold
$3,574,500
Condition Rating
Excellent

This penthouse, built in 2015, is a recently constructed luxury property. The images and description confirm a 'chef's kitchen with marble finishes and professional appliances,' modern dark cabinetry, and high-end stainless steel appliances (Sub-Zero, wall ovens). The flooring is consistent hardwood, and light fixtures are contemporary. The property boasts 'smart home integration' and a 'spa-like bath' in the primary suite, indicating top-tier, virtually new components throughout. The exclusive rooftop with an outdoor kitchen and spa further exemplifies its excellent condition and luxury features, with no signs of deferred maintenance or physical depreciation.
Pros & Cons

Pros

Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Location & Exclusivity: Situated in the highly coveted Beverly Hills 90210, this penthouse offers direct elevator access, signifying unparalleled luxury and privacy in a prestigious address.
Luxurious Private Rooftop: An exclusive and spacious rooftop crowns the home, featuring multiple lounges, a fire feature, outdoor kitchen, dining space, and a spa, all set against sweeping city and hillside views, providing an exceptional entertainment and relaxation area.
High-End Interior Finishes & Features: The residence boasts a chef's kitchen with marble finishes and professional appliances, a spa-like primary bath, custom walk-in closet, en-suite bedrooms, and smart home integration, ensuring a sophisticated and comfortable living experience.
Comprehensive Building Amenities: Residents benefit from access to a fitness center, 24-hour concierge service, three secure side-by-side parking spaces, and private storage, enhancing convenience and security.
Modern Construction & Design: Built in 2015, the property offers contemporary design, infrastructure, and efficiency, minimizing immediate maintenance concerns and aligning with modern luxury standards.

Cons

High Association Fees: The monthly association fee of $1,904.86 is substantial and represents a significant ongoing cost of ownership, which could be a deterrent for some buyers.
Recent Price Adjustment: The property has undergone a recent price reduction from $5.399M to $5.099M, which might suggest initial overvaluation or a need to attract more buyer interest in the current market.
Condominium Ownership Limitations: Despite its penthouse status, the property is a condominium, meaning shared common areas and adherence to HOA rules, which may limit personal customization or the sense of complete autonomy desired by some ultra-luxury buyers compared to a single-family estate.

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