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9225 Charleville Blvd 0.42 Acres of Residential Land Offered at $17,934,584 CAD in Beverly Hills, CA 90212
INVESTMENT HIGHLIGHTS
- Fully entitled Beverly Hills site. 29 rentals by SPF:architects. Vacant delivery. Condo map option.
- Developer has rare opportunity to build high-end apartments or condos in Beverly Hills.
- Beverly Hills rents and prices outperform LA, driven by prestige, location, and limited supply.
- New plans submitted under AB 1287 to build 37 luxury units in Beverly Hills.
- Triple lot in Beverly Hills priced at $16M. Build to over 6.7% untrended yield on cost.
- Beverly Hills continues to face a new housing need, particularly for high-end multifamily units.
EXECUTIVE SUMMARY
The project also offers significant upside, as the site may be re-entitled for up to 39 units through AB 1287 density bonus incentives.
Existing improvements include three apartment buildings totaling 13-units that will be delivered vacant at the close of escrow. All units have been removed from the rental market via Ellis Act filings.
Situated in an ultra-prime location, the property offers exceptional proximity to Class-A office centers in Beverly Hills and nearby hubs like Century City, West Hollywood, Culver City, and Mid-Wilshire. Beyond its central location, the offering benefits from Beverly Hills' outstanding income and education demographics, ensuring long-term appeal to luxury renters or buyers.
PROPERTY FACTS
| Price | $17,934,584 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.42 AC |
| No. Lots | 1 | No. Stories | 2 |
| Property Type | Land | ||
| Zoning | R-4 - Multifamily Residential | ||
| Price | $17,934,584 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.42 AC |
| No. Stories | 2 |
| Zoning | R-4 - Multifamily Residential |
1 LOT AVAILABLE
Lot
| Price | $17,934,584 CAD | Lot Size | 0.42 AC |
| Price Per AC | $42,701,391.28 CAD |
| Price | $17,934,584 CAD |
| Price Per AC | $42,701,391.28 CAD |
| Lot Size | 0.42 AC |
Triple lot steps from Beverly Hills' Golden Triangle. Rare development opportunity with fully approved plans and permits. Prime location near world-class dining, shopping, and entertainment. Ready for immediate build.
DESCRIPTION
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.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $8,228,346 CAD | |
| Land Assessment | $7,273,376 CAD | Total Assessment | $15,501,723 CAD |
PROPERTY TAXES
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9225 Charleville Blvd
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