Entitled Multifamily Development
401 N Oakhurst Dr Beverly Hills, CA 90210
401 N Oakhurst Dr, Beverly Hills, CA, 90210
$6,200,000
For Sale
$6,200,000
LAND - Beverly Hills, CA
Lot Size0.18 Acres
Days on Market60
Property Features for 401 N Oakhurst Dr
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- R4
- Standard status
- Active
- APN
- 4342-001-030
- 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 pm
MLS# 26836785
Listing URL
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Investment Insights
Based on property information with market context.
Entitled development site with a current six-unit apartment building on the property. Approvals are in place under the Housing Accountability Act Builder’s Remedy provisions for an 11-story, approximately 131-foot residential tower containing 25 units, including 22 market-rate units and 3 lower-income units. The proposed design features 10 residential levels with all two-bedroom, two-bath layouts, ranging from 1,184 to 1,876 square feet, plus a rooftop deck and balconies.
The project includes 14 parking spaces, with a subterranean level planned to provide bicycle parking, utility rooms, an elevator lobby, and two staircases. Ground level improvements include a spacious lobby with an office, a package/mail room, and a utility room with a high ceiling. The listing reflects an in-place entitlement process with a Builder’s Remedy Covenant and Agreement, intended to streamline the path to plan check.
Zoned R4, the site is located near the Beverly Hills Triangle and close to the Beverly Hills Tennis Club. The immediate area also includes Ralphs Fresh Fare and Bristol Farms, with dining and nightlife of West Hollywood’s SMB nearby.
The project includes 14 parking spaces, with a subterranean level planned to provide bicycle parking, utility rooms, an elevator lobby, and two staircases. Ground level improvements include a spacious lobby with an office, a package/mail room, and a utility room with a high ceiling. The listing reflects an in-place entitlement process with a Builder’s Remedy Covenant and Agreement, intended to streamline the path to plan check.
Zoned R4, the site is located near the Beverly Hills Triangle and close to the Beverly Hills Tennis Club. The immediate area also includes Ralphs Fresh Fare and Bristol Farms, with dining and nightlife of West Hollywood’s SMB nearby.
Key Highlights
- Entitled 11‑story multi‑family development with 25 units in Beverly Hills, bypassing lengthy discretionary approvals.
- Rare opportunity to build at this scale in Beverly Hills, with entitlements already in place.
- Exclusive design featuring 22 market‑rate and 3 lower‑income units, with only two or three units per floor.
Property Analytics
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FAQs
What type of property is this?
Apartment building - Entitled for an 11-story, 25-unit multifamily project with on-site parking, rooftop deck, and balconies.
Where is this apartment building located?
The property is located at 401 N Oakhurst Dr Beverly Hills, CA.
What is the asking price?
The asking price for this property is $6,200,000.
What are key features of this property?
This property features: Entitled 11‑story multi‑family development with 25 units in Beverly Hills, bypassing lengthy discretionary approvals.; Rare opportunity to build at this scale in Beverly Hills, with entitlements already in place.; Exclusive design featuring 22 market‑rate and 3 lower‑income units, with only two or three units per floor.
