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Corner Lot Apartment Building
For Sale
$2,999,000

272 S Doheny Dr, Beverly Hills, CA 90211

MULTI_FAMILY - Beverly Hills, CA

Property Size5,615 SF
Lot Size0.13 Acres
Price / SF$534.11
Days on Market115

Property Features for 272 S Doheny Dr

General Information

Property type Residential Multi Family
Property subtype Other
Zoning BHR4YY
Bedrooms 12
Bathrooms 7
Full bathrooms 7
Rooms Bathroom 4, Bedroom 6, Bedroom 11, Bathroom 5, Bedroom 3, Bathroom 7, Bedroom 5, Bathroom 1, Bedroom 7, Bedroom 10, Bedroom 4, Bedroom 9, Bedroom 2, Bedroom 1, Bedroom 12, Bedroom 8, Bathroom 2, Bathroom 6, Bathroom 3
Parking 6
Parking features Covered, Assigned, Side By Side, Carport
Directions Turn right at the 1st cross street onto W Olympic Blvd 0.8 mi ;Turn left before Starbucks Coffee Company 0.2 mi and Turn right onto Gregory Wy.
Subdivision Beverly Hills
Standard status Active
APN 4331-024-020
Size 5,615 SF
Lot size 0.13 Acres

Utilities

Heating system Natural Gas, Central
Cooling system Wall Unit(s), Wall/Window Unit(s), Ceiling Fan(s), Central Air

Amenities

high ceilings
hardwood/tile flooring
in-unit laundry hookups
appliances included
covered assigned parking
private storage units

Building Details

Year built 1952
Floors in Building 2
Number of units 6
Flooring type Wood
Architectural style Contemporary
Listing Agency: Compass
Listed By: Alessandra Ferracuti · License #02053258
Added: Apr 8 Changed: Jul 30 Last Checked: Jul 31 at 7:06PM
MLS# 26676293

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This six-unit apartment building includes 12 bedrooms and 7 bathrooms. Units feature hardwood/tile flooring and in-unit laundry hookup(s) with high ceilings. Appliances—including dishwashers, gas stoves, and refrigerators—are included in the sale. Heating is natural gas with central heating, and cooling includes wall/window units, ceiling fans, and central air. Parking is covered and assigned, with side-by-side parking and carport spaces, plus private storage units for residents.

The property is situated on a corner lot between Gregory Way and Olympic Blvd, supporting visibility and consistent demand. A soft-story seismic retrofit is complete, addressing seismic concerns without upcoming mandatory costs. Zoning is BHR4YY.

Built in 1952 and set on a 0.1289-acre lot, this Contemporary-style asset has 5615 square feet. Most units are on month-to-month leases, and the building is described as maintained with a history of virtually zero vacancy.

Key Highlights

  • Six‑unit apartment building with 12 bedrooms and 7 bathrooms
  • Soft‑story seismic retrofit complete
  • Corner lot between Gregory Way and Olympic Blvd

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $178.6k $31.80
− Vacancy −$14.3k −$2.54
EGI $164.3k $29.26
− OpEx −$73.9k −$13.17
NOI $90.3k $16.09
5,615 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.29M
$1.13M – $1.51M (±1% cap)
NOI $90,350 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.01M
$2.63M – $3.51M (±1% cap)
NOI $210,437 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Buffet Pet Grooming Service Butcher Clothing & Fashion Store Restaurant Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

11,152
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit apartment building with 12 bedrooms, 7 bathrooms, in-unit laundry hookups, and covered assigned parking.
Where is this apartment building located?
The property is located at 272 S Doheny Dr Beverly Hills, CA.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: Six‑unit apartment building with 12 bedrooms and 7 bathrooms; Soft‑story seismic retrofit complete; Corner lot between Gregory Way and Olympic Blvd
More about this property
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