Entitled Multifamily Development
For Sale
$8,500,000
214 S Hamilton Drive, Beverly Hills, CA 90211
Approved high-density infill site with a planned studio apartment project and nearby Metro access.
Property SizeContact for details
Days on Market86
Property Features for 214 S Hamilton Drive
General Information
Standard status
Active
Property subtype
LAND
Listing Agency:
Keller Williams Beverly Hills
(310) 432-6400
Listed By:
Dario Svidler · License #01884474
Source:
Truthrealty
Added: May 20
Changed: Aug 2
Last Checked: Aug 12 at 2:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Beverly Hills
Investment Insights
Based on property information with market context.
This commercial land offering comprises a 10,400-square-foot site at 214 and 216 S Hamilton Drive in Beverly Hills. Approved plans call for an eight-story, 90-unit multifamily building with 36,281 SF of livable area, including 72 market-rate studios and affordable units representing 20% of the project. Each residence is planned with a balcony and washer/dryer closet. The ground floor includes a lobby, office, package room, and 2,293-square-foot community room, while an 1,887-square-foot rooftop deck provides shared outdoor space. Designed by Ottinger Architects, the project includes 73,490 square feet of total gross building area, with 13 subterranean parking spaces.
The property is immediately south of Wilshire Boulevard and two doors from the Saban Theatre. A Metro station is located 700 feet away, providing service to Hollywood and Downtown Los Angeles, with future connectivity planned toward Century City and Santa Monica. The offering includes APNs 4333-029-021 and 4333-029-022.
The property is immediately south of Wilshire Boulevard and two doors from the Saban Theatre. A Metro station is located 700 feet away, providing service to Hollywood and Downtown Los Angeles, with future connectivity planned toward Century City and Santa Monica. The offering includes APNs 4333-029-021 and 4333-029-022.
Key Highlights
- 10,400‑square‑foot site at 214 and 216 S Hamilton Drive, Beverly Hills, CA 90211
- Entitled 8‑story, 90‑unit multifamily development with 72 market‑rate studios
- Affordable units comprise 20% of the planned apartment project
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
9,622
Businesses Nearby
Explore this area
Business Placement
Demographics for 90211, CA
8,260
Population
4,209
Households
2
Avg Household Size
41
Median Age
67%
College-Educated
95%
High-School Grad
0.7 sq mi
ZIP Area
11,800
Density / Sq Mi
$118,125
Median Household Income
$62,061
Median Earnings
$2,815
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Commercial land - Approved high-density infill site with a planned studio apartment project and nearby Metro access.
Where is this commercial land located?
The property is located at 214 S Hamilton 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: 10,400‑square‑foot site at 214 and 216 S Hamilton Drive, Beverly Hills, CA 90211; Entitled 8‑story, 90‑unit multifamily development with 72 market‑rate studios; Affordable units comprise 20% of the planned apartment project
