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240 S Doheny Dr
Beverly Hills, CA 90211
Multifamily Property For Sale
·
22 Units


Investment Highlights
- Location
- Courtyard with Pool
- Subterranean Parking
Executive Summary
Trophy Investment! An opportunity to acquire a well-located multifamily asset in the highly desirable and supply-constrained Beverly Hills market. Offered at $9,900,000, the property benefits from strong in-place tenancy, consistently high rental demand, and long-term appreciation fundamentals driven by strict zoning, limited new development, and a premier residential address. Its proximity to the Golden Triangle, Cedars-Sinai, West Hollywood, and major employment and lifestyle centers supports stable occupancy and continued rent growth. The asset provides a compelling combination of durable cash flow, capital preservation, and future upside potential, making it well-suited for both private and institutional investors.
Property Facts In Escrow
| Price Per Unit | $615,465 CAD | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4.40% | Lot Size | 0.26 AC |
| Gross Rent Multiplier | 14.25 | Building Size | 33,212 SF |
| No. Units | 22 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | ||
| Zoning | BHR4YY | ||
| Price Per Unit | $615,465 CAD |
| Sale Type | Investment |
| Cap Rate | 4.40% |
| Gross Rent Multiplier | 14.25 |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 33,212 SF |
| No. Stories | 4 |
| Year Built | 1960 |
| Zoning | BHR4YY |
Amenities
Unit Amenities
- Dishwasher
- Heating
- Refrigerator
- Tub/Shower
- Smoke Free
- Wheelchair Accessible (Rooms)
Site Amenities
- Pool
- Gated
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $2,833 CAD | 650 |
| 1+1 | 13 | $3,613 CAD | 800 |
| 2+2 | 6 | $4,368 CAD | 1,100 |
| 2+1 | 1 | $5,669 CAD | 1,200 |
Property Taxes
| Parcel Number | 4331-024-027 | Improvements Assessment | $1,859,439 CAD |
| Land Assessment | $773,938 CAD | Total Assessment | $2,633,377 CAD |
Property Taxes
Parcel Number
4331-024-027
Land Assessment
$773,938 CAD
Improvements Assessment
$1,859,439 CAD
Total Assessment
$2,633,377 CAD
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