208 Crescent Dr Beverly Hills, CA 90210
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.