401 N Oakhurst Drive, Beverly Hills, CA 90210

We are proud to present another rare opportunity to acquire an exciting and new type of entitled site in the City of Beverly Hills, one of the most coveted and supply-constrained municipalities throughout the nation. The 7,717 SF site has been entitled utilizing the state Housing Accountability Act Builder's Remedy provisions, securing approvals for a 11-story multi-family development with 25 units. At a height of 131 feet, the residential tower would consist of 22 market rate units and 3 lower-income units. The Project design features 10 residential levels with all two bedroom, two bathroom units, ranging from 1,184 to 1,876 SF, plus a rooftop deck, balconies, and 14 parking spaces. The subterranean parking level will include bicycle parking, utility rooms, the elevator lobby, and two staircases with access from the lower level to the roof. The ground level includes a spacious lobby with an office, a package/mail room, and a utility room, all with a high ceiling. The design is...