For SaleRisky Deal8 days on market

2299 Gloaming Way

2299 Gloaming Way, Beverly Hills, CA 90210, Beverly Hills, CA 90210
$4,000,000
Estimate®:$3,809,100

Listing Price

Property image 1
2299 Gloaming Way, Beverly Hills, CA 90210
Loc: Beverly Hills, CA
Days Listed
8
Tax Assessed
$4162k
Estimate®
$3809k
Market Rate
Lot Size
8,747 sqft
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

West Hollywood Elementary School

K-5
1.9 mi away
7

Emerson Community Charter School

6-8
4.6 mi away
6

University Senior High School Charter

9-12
5.8 mi away
Local Investment Market Context

Beverly Hills (Los Angeles County)

Typical Cap Rate: 3.0% - 3.8% · Avg Rent: $9,500 - $35,000+ · Median: $3,650,000 - $15,000,000+

View Beverly Hills Report

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

modernminimalistluxuryopen floor planvaulted ceilingsfloor-to-ceiling windowsindoor-outdoor flowstuccoarchitectural archfireplaceneutral color palettehigh-end interior design

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.01%
Total ROI
89.5%
Cash Flow
$-716/mo
DSCR
0.97
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-716/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.0%)
  • Strong rental demand in Beverly Hills
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-08Listed for sale$4,000,000$864
2026-08-02Listing removed$3,950,000$853
2026-02-10Listed for sale$3,950,000$853
2024-03-27Sold$4,000,000$864
2024-01-24Pending sale$4,000,000$864
2024-01-08Listed for sale$4,000,000$864
2023-12-24Listing removed$0
2023-10-18Listed for sale$4,000,000$864
2021-01-28Listing removed$4,495,000$970
2021-01-15Listed for sale$4,495,000$970
2019-12-17Listing removed$16,999$4
2019-11-22Price change$16,999$4
2019-10-11Price change$17,995$4
2019-09-07Price change$19,000$4
2019-06-08Price change$20,000$4
2019-05-10Listed for rent$25,000$5
2014-05-02Sold$2,700,000$583
2013-05-21Sold$2,000,020$432
2013-04-03Listed for sale$1,999,999$432
2005-04-27Sold$2,295,000$495

Tax History

YearProperty TaxTax Assessment
2026$0$4,161,599
2025$49,244.87$4,080,000
2024$41,605.81$3,412,827
2023$44,764.8$3,676,735
2022$49,144.87$9,939,206
2021$115,163.66$9,744,320
2020$42,907.6$3,527,399
2019$42,907.6$3,458,235
2018$35,266.15$2,908,896
2017$35,266.15$2,851,860
2016$34,498.15$2,795,942
2015$33,693.51$2,753,945
2014$24,868.83$2,009,079
2012$0$1,951,000
2011$0$1,951,000
2010$0$1,951,000
2009$0$2,484,178
2008$0$2,435,470
2007$0$2,387,717
2006$0$2,340,900
2005$0$2,340,900
2004$0$1,523,606
2003$0$1,495,683
2002$0$1,200,000
2000$0$1,100,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
5
Baths
6
Sq Ft
4,632
Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Modeled value-add projection (+18% baseline) for 5b/6ba in Beverly Hills
+18% vs. list
$
$208,440
75% Rule
Maximum Allowable Offer (MAO)
$3,331,560

Calculated as (75% × $4,720,000) − $208,440

Asking Price is $668,440 (16.7%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $3,331,560 based on $208,440 in required updates.
Current Asking Price:$4,000,000
Estimated ARV:$4,720,000
Estimated Renovation:$208,440
All-In Capital Basis (MAO + Rehab):$3,540,000
Projected Equity Margin:+$1,180,000
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Provenance:[Observed] List Price: $4,000,000[Estimated] Rent: $32,000/mo[Estimated] Tax Rate: 0.75% (CA)[Estimated] Hazard Ins: $2,000/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.01%

NOI: $240,468/yr

Cash-on-Cash Yield
-0.9%

On $920,000 invested

DSCR Ratio
0.97x

Negative debt coverage

5-Yr Leveraged ROI
+89.5%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
[Estimated]Property Taxes (0.75% of basis)-$2,601/mo
[Estimated]Homeowner / Hazard Insurance-$2,000/mo
[Defaulted]Vacancy Reserve (5% of rent)-$1,600/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$3,200/mo
[Defaulted]Property Management (8% of rent)-$2,560/mo
Total Pure Operating Expenses-$11,961/mo
Net Investor Cash Flow
Gross Scheduled Rent+$32,000/mo
Less: Operating Expenses-$11,961/mo
Net Operating Income (NOI)+$20,039/mo
Less: Debt Service (30yr @ 6.75%)-$20,755/mo
Net Cash Flow
$-716/mo
$-8,594/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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