Entitled Multifamily Development
346 N Maple Dr Beverly Hills, CA 90210
346 N Maple Dr, Beverly Hills, CA, 90210
$6,350,000
For Sale
$6,350,000
LAND - Beverly Hills, CA
Lot Size0.18 Acres
Days on Market60
Property Features for 346 N Maple Dr
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- R4
- Standard status
- Active
- APN
- 4342-005-002
- Lot size
- 0.18 Acres
Listing Agency
Keller Williams Beverly Hills
(310) 432-6400
439 N Canon Dr. Suite 300, Beverly HIlls, CA
Listed by
Dario Svidler · License #01884474
(424) 600-7633
Added: May 20 Checked: Jul 18 at 1:06 am
MLS# 26835673
Listing URL
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Investment Insights
Based on property information with market context.
This for-sale parcel is an entitled multifamily development site in Beverly Hills, currently improved with an eight-unit apartment building occupied by seven tenants. The property has approvals in place under the state Housing Accountability Act Builder’s Remedy provisions for a 12-story residential project with 65 total units.
The proposed design provides 11 residential levels plus a rooftop deck and balconies, with unit mix including 31 studios, 23 one-bedrooms, and 11 two-bedrooms. At full build, the residential tower is planned at a maximum height of 124 feet and includes 15 parking spaces, with a subterranean parking level featuring bicycle parking, utility rooms, an elevator lobby served by dual elevators, and two staircases with direct access to the roof.
A Builder’s Remedy Covenant and Agreement is in place, intended to streamline the path forward by bypassing the lengthy discretionary approvals typically associated with projects of this scale. The site is zoned R4 and is positioned near the Beverly Hills Triangle and directly adjacent to the Beverly Hills Tennis Club.
The proposed design provides 11 residential levels plus a rooftop deck and balconies, with unit mix including 31 studios, 23 one-bedrooms, and 11 two-bedrooms. At full build, the residential tower is planned at a maximum height of 124 feet and includes 15 parking spaces, with a subterranean parking level featuring bicycle parking, utility rooms, an elevator lobby served by dual elevators, and two staircases with direct access to the roof.
A Builder’s Remedy Covenant and Agreement is in place, intended to streamline the path forward by bypassing the lengthy discretionary approvals typically associated with projects of this scale. The site is zoned R4 and is positioned near the Beverly Hills Triangle and directly adjacent to the Beverly Hills Tennis Club.
Key Highlights
- Entitled 12‑story multi‑family development with 65 units approved via Builder's Remedy.
- Rare opportunity to build at this scale in Beverly Hills.
- Priced at just under $100,000 per buildable door.
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FAQs
What type of property is this?
Apartment building - Entitled site for a 12-story multifamily project with 65 units, including 15 parking spaces.
Where is this apartment building located?
The property is located at 346 N Maple Dr Beverly Hills, CA.
What is the asking price?
The asking price for this property is $6,350,000.
What are key features of this property?
This property features: Entitled 12‑story multi‑family development with 65 units approved via Builder's Remedy.; Rare opportunity to build at this scale in Beverly Hills.; Priced at just under $100,000 per buildable door.