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    149 S Maple Dr Beverly Hills, CA 90212

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    For Sale
    $14,000,000

    Approved plans for 37 luxury units near Beverly Hills.

    Property Features for 149 S Maple Dr

    General Information

    Standard status
    Active

    Source: TONY AZZI Agent TONY AZZI

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Opportunity Near Golden Triangle

    Located steps from Beverly Hills' Golden Triangle, 149-159 S Maple Dr and 9225 Charleville Blvd offer a development opportunity on a triple lot. The site has fully approved plans and permits for a 37-unit luxury multifamily project, featuring an attractive unit mix with an average unit size of 1,331 square feet. Planned common area amenities include a recreation room and a rooftop sundeck with a swimming pool. The site may be re-entitled for up to 39 units through AB 1287 density bonus incentives. Currently, the property includes three apartment buildings totaling 13 units, all of which will be delivered vacant at the close of escrow. All units have been removed from the rental market via Ellis Act filings, clearing the path for immediate development. The property is located near Class-A office centers in Beverly Hills and nearby hubs like Century City, West Hollywood, Culver City, and Mid-Wilshire. The location benefits from Beverly Hills' income and education demographics.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Dental Office Food Market Nail Salon Realty agency Clothing Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beverly Hills
    County
    Los Angeles
    State
    California
    Longitude
    -118.3931035
    Latitude
    34.0654108

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    FAQs

    What type of property is this?
    Apartment building - Approved plans for 37 luxury units near Beverly Hills.
    Where is this apartment building located?
    The property is located at 149 S Maple Dr Beverly Hills, CA.
    What is the asking price?
    The asking price for this property is $14,000,000.
    What are key features of this property?
    This property features: - Triple lot development opportunity steps from Beverly Hills' Golden Triangle.; - Fully approved plans and permits for a 37-unit luxury multifamily project.; - Delivered vacant at close of escrow, cleared for immediate development via Ellis Act filings.
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    Beverly Hills, CA 90212
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    149 S Maple Dr Beverly Hills, CA 90212
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