Multifamily Investment in Beverly
240 S Doheny Drive, Beverly Hills, CA 90211
Commercial/Residential - Beverly Hills, CA
Property size:
22,735 SFLot size:
11,199.00 AcresPrice / SF:
$373/SF- Added:
- Feb 9, 2026
- Days on Market:
- 91
- Last Refresh:
- May 11 at 7:06 pm
Property Features for 240 S Doheny Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 24
- Parking features
- Carport
- Exterior features
- Community Features Included: Curbs, Sidewalks, Landscaped
- Standard status
- Active Under Contract
- APN
- 4331024027
- Size
- 22,735 SF
- Lot size
- 11,199.00 Acres
Building Details
- Year built
- 1960
- Floors in Building
- 4
- Number of units
- 22
- Architectural style
- Other
Listing agent Kenneth Marker License #00977263 (818) 402-6254
Listing office Rodeo Realty 15260 Ventura Blvd., Beverly Hills, CA (818) 986-7300
Listing date Feb 9, 2026
MLS# SR26028368
Listing URL
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HighLights
- Prime Beverly Hills location near the Golden Triangle, dining, retail, and major employment centers.
- Strong tenant demand and historically low vacancy rates in a supply‑constrained market.
- Stable in‑place income with potential for rental growth and operational improvements.
- Significant barriers to entry due to stringent zoning and limited developable land.
- Convenient access to Beverly Hills, West Hollywood, and the Westside via Doheny Drive.
- Durable cash flow, capital preservation, and long‑term value appreciation potential.
Overview
This multifamily investment property is located in Beverly Hills, benefiting from close proximity to the Golden Triangle, dining and retail options, employment centers, and medical facilities like Cedars-Sinai. The property is situated in a market characterized by strong tenant demand, low vacancy rates, and barriers to entry. Beverly Hills' zoning regulations and limited land availability have historically supported rent growth and asset appreciation, making it attractive to investors. The investment offers in-place income, with potential upside through rental growth and operational optimization. Its location along Doheny Drive provides access to Beverly Hills, West Hollywood, and the Westside, enhancing its appeal to a professional tenant base seeking convenience and a premier residential address. The property is suited for investors seeking cash flow, capital preservation, and long-term value appreciation in a market with exceptional fundamentals. The lot size is approximately 0.26 acres, and the property size is 22,735 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
CIM Apt Property ...
Property Management Company
Duma inc.
Hardware & Home Improvement
DZO HVAC GROUP, ...
HVAC Service
Pink Clover Flowers
(Bike/Boat/Book/etc) Store
Dr. Teyhou Smyth
Crisis Center
Location Insight
- Map
- Local Demand
- City
- Beverly Hills
- County
- Los Angeles
- State
- California
- Longitude
- -118.3893947
- Latitude
- 34.0635244
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Multifamily investment property in a prestigious Beverly Hills location.
Where is this apartment building located?
The property is located at 240 S Doheny Drive Beverly Hills, CA.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Prime Beverly Hills location near the Golden Triangle, dining, retail, and major employment centers.; Strong tenant demand and historically low vacancy rates in a supply‑constrained market.; Stable in‑place income with potential for rental growth and operational improvements.
