| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 90th | Best |
| Amenities | 65th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 230 S Hamilton Dr, Beverly Hills, CA, 90211, US |
| Region / Metro | Beverly Hills |
| Year of Construction | 1990 |
| Units | 35 |
| Transaction Date | 2014-12-04 |
| Transaction Price | $26,400,000 |
| Buyer | RWBP Hamilton, LP |
| Seller | EC-Hamilton Villas LP, Private Investor, Equity Residential, PCraicseh/ uEnqitu aivnadle /nsft |
230 S Hamilton Dr Beverly Hills Multifamily Investment
Neighborhood renter concentration and elevated ownership costs suggest durable apartment demand in Beverly Hills, according to CRE market data from WDSuite. The area’s high-income tenant base supports premium positioning while still requiring attentive lease management.
Located in Beverly Hills’ Urban Core, the neighborhood scores competitive among 1,441 Los Angeles-Long Beach-Glendale neighborhoods for overall livability (A rating; neighborhood rank 129 of 1,441), signaling strong fundamentals for apartment investors. Restaurant density is a standout (top national tier), with cafes also abundant, while pharmacies are exceptionally prevalent; by contrast, neighborhood parks and grocery options are limited, so daily convenience leans on private services and short drives.
Median household incomes and educational attainment sit in the higher national percentiles, which broadens the pool for quality tenants and can support rent levels. Median home values are elevated relative to national norms, a context that tends to reinforce renter reliance on multifamily housing and can help sustain pricing power when operations are well-executed.
Unit tenure data indicates a high share of renter-occupied housing at the neighborhood level (above the 90th percentile nationally). For investors, a larger renter base typically deepens leasing funnels and can support occupancy stability, though it also calls for competitive amenities and service to retain residents.
Within a 3-mile radius, recent years show modest population slippage but stable household counts, and forward-looking projections indicate an increase in households, implying a larger tenant base over the medium term. Contract rents within this radius are projected to rise, which, alongside income growth projections, supports a constructive leasing outlook based on CRE market data from WDSuite.
Vintage context: the average neighborhood construction year trends older than this asset. With a 1990 build, the property is newer than much of the surrounding stock, which can aid competitiveness; however, investors should still plan for modernization of building systems and selective interior updates to meet current renter expectations.
Safety indicators for the neighborhood track below metro averages (rank 1,116 out of 1,441), placing it below the national median for safety. Nationally, the area sits around the lower third, so prudent security measures and resident communication remain important for retention.
Recent trends are mixed: estimated property offenses have declined year over year, while estimated violent offenses show an uptick. For investors, this argues for ongoing monitoring and partnership with professional management to maintain a visible safety posture and protect leasing performance.
- Live Nation Entertainment — entertainment (1.3 miles)
- Activision Blizzard Studios — gaming & media (1.5 miles)
- Live Nation Entertainment — entertainment (1.6 miles) — HQ
- AECOM — engineering & infrastructure (2.4 miles) — HQ
- Occidental Petroleum — energy (4.0 miles) — HQ
The nearby employment base blends entertainment, gaming, engineering, and energy—supporting a steady commuter tenant pool and helping leasing retention through proximity to major offices.
230 S Hamilton Dr offers exposure to a high-income renter pool in Beverly Hills with strong service amenities and entertainment demand drivers. The asset’s 1990 construction is newer than much of the surrounding stock, supporting competitive positioning with thoughtful capital planning for system modernization and targeted interiors. Elevated home values in the neighborhood context reinforce reliance on multifamily housing, which can underpin rent levels when paired with solid operations, according to commercial real estate analysis from WDSuite.
Neighborhood tenure skews toward renter-occupied units, deepening the leasing funnel, and 3-mile projections point to an increase in households—supportive of a larger tenant base and occupancy stability over the medium term. Risks to underwrite include below-metro safety rankings, limited public parks and groceries, and neighborhood occupancy softness, all of which can be mitigated with amenity upgrades, security posture, and disciplined leasing.
- Beverly Hills location with high-income renter base and strong private-service amenities
- 1990 vintage offers relative competitiveness versus older local stock with targeted upgrades
- Projected increase in households within 3 miles expands the tenant pool and supports leasing
- Elevated ownership costs locally reinforce reliance on rentals and potential pricing power
- Risks: below-metro safety metrics, constrained park/grocery access, and neighborhood occupancy softness