240 S Doheny Drive, Beverly Hills, California 90211, Beverly Hills, 90211 - bed, bath

240 S Doheny Drive, Beverly Hills, California 90211 home-pic-0

240 S Doheny Drive

Beverly Hills, California 90211

ACTIVE UNDER CONTRACT
CONDITION: FAIR
0Beds
0Baths
22,735Sq Ft
11,199Lot Size

Property Price

LIST PRICE$9,900,000

SUMMARY

Analysis of 240 S Doheny Drive, Beverly Hills, California 90211 is currently available with a list price of $9,900,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Beverly Hills Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1960, this multifamily property is described as having aging infrastructure and requiring modernization to remain competitive. While it provides stable in-place income and appears well-maintained for its age, the kitchens, bathrooms, and major systems are likely outdated and show signs of depreciation consistent with a property that has not undergone a full recent renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Beverly Hills Location

    Situated in a globally recognized, supply-constrained market near the Golden Triangle and Cedars-Sinai, ensuring consistent tenant demand and high occupancy rates.

  • Long-Term Capital Preservation

    High barriers to entry and stringent zoning regulations in Beverly Hills support historical rent growth and significant long-term asset appreciation for investors.

  • Value-Add Opportunity

    The property offers stable in-place income with clear potential for rental upside and operational optimization, appealing to investors seeking durable cash flow.

CONSRISKS & DEFICIENCIES

  • Aging Infrastructure

    Originally built in 1960, the asset may require substantial capital investment for modernizing systems and interiors to remain competitive with newer luxury multifamily offerings.

  • Strict Regulatory Environment

    Beverly Hills' rigorous rent control and zoning ordinances can limit immediate revenue growth and increase the complexity of property management and renovations.

About 240 S Doheny Drive

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 market with exceptional fundamentals.

Property Details

Public Facts

Property Type
Mixed Use
Year Built
1960
Lot Size
11,199 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

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Pricing History

Listed for Sale

Feb 9, 2026

$9,900,000

Initial Listing

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