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Land For Sale • 0.42 AC
Exceptional triple lot development opportunity steps from Beverly Hills’ Golden Triangle. Fully approved plans for 37 luxury units averaging 1,331 SF, with upscale amenities including a recreation room, rooftop sundeck, and swimming pool. Potential to re-entitle for up to 39 units under AB 1287 density bonus. Existing improvements include three apartment buildings totaling 13 units, all to be delivered vacant at the close of escrow following Ellis Act removals. Prime location with immediate access to Class-A employment hubs, world-class shopping, dining, and entertainment.
| Fully entitled Beverly Hills site. 29 rentals by SPF:architects. Vacant delivery. Condo map option. |
| New plans submitted under AB 1287 to build 37 luxury units in Beverly Hills. |
| Developer has rare opportunity to build high-end apartments or condos in Beverly Hills. |
| Triple lot in Beverly Hills priced at $16M. Build to over 6.7% untrended yield on cost. |
| Beverly Hills rents and prices outperform LA, driven by prestige, location, and limited supply. |
| Beverly Hills continues to face a new housing need, particularly for high-end multifamily units. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 22 min | - | 11.3 mi |
| Bob Hope | 27 min | - | 14.1 mi |
| Long Beach (Daugherty Field) | 40 min | - | 27.8 mi |
Tony Azzi
Marcus & Millichap
Tony Azzi
Marcus & Millichap
