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215 N La Peer Dr 11 Unit Apartment Building $9,581,529 CAD ($871,048 CAD/Unit) Beverly Hills, CA 90211
Executive Summary
The Boyett Team at CBRE is pleased to present 215 N Lo Peer Drive, a development opportunity located in the city of Beverly Hills. Offered for the first time on the market in over 35 years, this property represents a generational opportunity for a visionary investor or developer.
Luxury Development Potential The property’s true value lies in its exceptional potential for redevelopment. Occupying on expansive 1.5-lot footprint of 8,469 square feet, the site offers a rare density ploy with BHR4YY zoning. This allows for the construction of a four-story luxury condominium project, designed to meet the insatiable demand for high-end residential ownership in the 90211 ZIP code. The lot is further distinguished by its significant frontal space and deep profile, providing the necessary dimensions for a premier luxury residential entrance.
An Incomparable Neighborhood Beverly Hills is a market defined by scarcity and prestige. The site is positioned in a neighborhood known for its safety, world-class public services, and the elite Beverly Hills school system. With current land availability at on all-time low, 215 N Lo Peer Drive stands as one of the most significant development opportunities in the submarket today.
Luxury Development Potential The property’s true value lies in its exceptional potential for redevelopment. Occupying on expansive 1.5-lot footprint of 8,469 square feet, the site offers a rare density ploy with BHR4YY zoning. This allows for the construction of a four-story luxury condominium project, designed to meet the insatiable demand for high-end residential ownership in the 90211 ZIP code. The lot is further distinguished by its significant frontal space and deep profile, providing the necessary dimensions for a premier luxury residential entrance.
An Incomparable Neighborhood Beverly Hills is a market defined by scarcity and prestige. The site is positioned in a neighborhood known for its safety, world-class public services, and the elite Beverly Hills school system. With current land availability at on all-time low, 215 N Lo Peer Drive stands as one of the most significant development opportunities in the submarket today.
Property Facts
| Price | $9,581,529 CAD | Building Class | C |
| Price Per Unit | $871,048 CAD | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 6,810 SF |
| No. Units | 11 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1938 |
| Property Subtype | Apartment | Parking Ratio | 1.17/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | BHR4YY - High Density Multiple-Family Residential District | ||
| Price | $9,581,529 CAD |
| Price Per Unit | $871,048 CAD |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 6,810 SF |
| No. Stories | 2 |
| Year Built | 1938 |
| Parking Ratio | 1.17/1,000 SF |
| Zoning | BHR4YY - High Density Multiple-Family Residential District |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | - |
Walk Score®
Very Walkable (89)
Property Taxes
| Parcel Number | 4335-022-009 | Improvements Assessment | $2,435 CAD |
| Land Assessment | $3,083,709 CAD | Total Assessment | $3,086,144 CAD |
Property Taxes
Parcel Number
4335-022-009
Land Assessment
$3,083,709 CAD
Improvements Assessment
$2,435 CAD
Total Assessment
$3,086,144 CAD
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215 N La Peer Dr
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