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Listed by Kenneth Marker, DRE #00977263 • Rodeo Realty
$8,500,000
Est. payment /mo
0.26 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRSR26028368
Year Built 1960
Lot Size 0.257 Acres
Source California Regional MLS
Property Description
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 mar
Location
State CA
County Los Angeles
Area C01 - Beverly Hills
Interior
Laundry Community Facility
Exterior
Parking Features Carport , Underground Parking
Garage Spaces 24.0
Pool Pool - In Ground, Community Facility
Building
Story Three or More Stories
Water District - Public
Others
Tax ID 4331024027
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