240 S Doheny DR, Beverly Hills, CA 90211
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240 S Doheny DR, Beverly Hills, CA 90211
240 S Doheny DR, Beverly Hills, CA 90211
240 S Doheny DR, Beverly Hills, CA 90211
240 S Doheny DR, Beverly Hills, CA 90211
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$ 8,500,000
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240 S Doheny DR Beverly Hills, CA 90211

0.26 Acres Lot


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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SR26028368

HOA Y/N No

Year Built 1960

Lot Size 0.257 Acres

Property Sub-Type Mixed Use

Property Description

Exceptional opportunity to acquire a multifamily investment property in one of the most prestigious and supply-constrained markets in the United States. Located in Beverly Hills, the asset benefits from immediate proximity to the Golden Triangle, world-class dining and retail, major employment centers, and premier medical facilities, including Cedars-Sinai.
The property is positioned in a market defined by consistently strong tenant demand, historically low vacancy, and significant barriers to entry. Beverly Hills' stringent zoning regulations and limited availability of developable land have historically supported rent growth and long-term asset appreciation, making this location highly attractive to both domestic and international investors.
The investment offers stable in-place income, with potential upside through continued rental growth and operational optimization. Its central location along Doheny Drive provides convenient access to Beverly Hills, West Hollywood, and the broader Westside, further enhancing its appeal to a professional tenant base seeking convenience, walkability, and a premier residential address.
240 S Doheny Drive is well-suited for investors seeking durable cash flow, capital preservation, and long-term value appreciation in a globally recognized market with exceptional fundamentals.

Location

State CA

County Los Angeles

Area C01 - Beverly Hills

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Carport, Underground

Garage Spaces 24.0

Garage Description 24.0

Pool Community, In Ground

Community Features Curbs, Sidewalks, Pool

Total Parking Spaces 24

Private Pool No

Building

Lot Description Landscaped

Story 4

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 4331024027

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Trust


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Listed by Kenneth Marker Rodeo Realty 818-402-6254, DRE #00977263

NEARBY SCHOOLS & PROPERTIES

Peter Bissias

Peter Bissias

Advisor | License ID: 01991130

+1(818) 442-1102

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240 S Doheny DR