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Property profile & analytics
OFF-MARKET
Land

208 Crescent Dr Beverly Hills, CA 90210

0.17 ac lot
Property ID
Property summary
AI-generated overview

This 0.17-acre lot in Beverly Hills (90210), zoned R-4 Multifamily Residential, presents a fully entitled development opportunity. Approved plans allow for the construction of a 12-unit multifamily building (10 units plus 2 ADUs), thoughtfully designed by Kevin Tsai Architecture and delivered permit-ready. The project includes 13 parking spaces and features a desirable unit mix: one studio, four one-bedroom, five two-bedroom, and two three-bedroom units. Building amenities will include subterranean parking, a formal lobby, and a rooftop sundeck with a spa, fireplaces, and a barbecue area. The site is currently improved with a vacant single-family home. This exceptional location boasts a Walk Score of 96, placing residents within walking distance of luxury retail on Rodeo Drive, fine dining, Whole Foods Market, Erewhon, and Equinox. Proximity to the Wilshire/Rodeo Purple Line Metro station (expected operational in 2026) provides easy access to employment hubs including Century City, West Los Angeles, Culver City, West Hollywood, and Mid-Wilshire, as well as 1.4 million square feet of Class-A office space. The property's location within the Golden Triangle of Beverly Hills, combined with strong demographics (2028 projected average household income: $197,000

Property profile
Verified
Property type Land
Lot 0.17 ac (7,405 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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