240 S Doheny Drive, Beverly Hills, CA 90211
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
240 S Doheny Drive,Beverly Hills, CA 90211
$8,500,000
- - Beds
- - Baths
- 22,735 sq. ft.
- Multi-family
- Pending
Listed by: kenneth marker
Office: rodeo realty818-986-7300
MLS#:SR26028368
Source:CRMLS
Price summary
- Price:$8,500,000
- Price per sq. ft.:$373.87
About this home
Exceptional opportunity to acquire a multifamily investment property in one of the most prestigious and supply-constrained markets in the United States. Located in Beverly Hills, the asset benefits from immediate proximity to the Golden Triangle, world-class dining and retail, major employment centers, and premier medical facilities, including Cedars-Sinai.
The property is positioned in a market defined by consistently strong tenant demand, historically low vacancy, and significant barriers to entry. Beverly Hills’ stringent zoning regulations and limited availability of developable land have historically supported rent growth and long-term asset appreciation, making this location highly attractive to both domestic and international investors.
The investment offers stable in-place income, with potential upside through continued rental growth and operational optimization. Its central location along Doheny Drive provides convenient access to Beverly Hills, West Hollywood, and the broader Westside, further enhancing its appeal to a professional tenant base seeking convenience, walkability, and a premier residential address.
240 S Doheny Drive is well-suited for investors seeking durable cash flow, capital preservation, and long-term value appreciation in a globally recognized market with exceptional fundamentals....
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Home facts
- Year built:1960
- Listing ID #:SR26028368
- Added:92 day(s) ago
- Updated:May 13, 2026 at 07:39 AM
Rooms and interior
- Living area:22,735 sq. ft.
Structure and exterior
- Year built:1960
- Building area:22,735 sq. ft.
- Lot area:0.26 Acres
- Lot Features:Landscaped
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$8,500,000
- Price per sq. ft.:$373.87
Features and amenities
- Pool features:Community, In Ground
Parking
- Total parking spaces:24
- Parking description:Carport, Underground
- Garage:Yes
- Garage spaces:24
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