Properties

Beverly Hills, CA 90211 240 S Doheny Drive

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Presented By: Kenneth Marker with Rodeo Realty; 818-402-6254
  • MLS# SR26028368
  • 02/06/2026
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  • Baths • 1
  • SQFT • 22,735
  • Garage • 24

Home Details

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 Hillsโ€™ 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.
Presented By: Kenneth Marker with Rodeo Realty; 818-402-6254

Interior Features for 240 S Doheny Drive

Other Interior Features

Common WallsNo Common Walls
Laundry FeaturesCommon Area
Total Stories4

Other Rooms

Entry Level1

General for 240 S Doheny Drive

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate4.23
Carport Y/NYes
CityBeverly Hills
Community FeaturesCurbs, Sidewalks, Pool
CountyLos Angeles
DirectionsWilshire Blvd. to S Doheny Dr.
Electric Expense
Entry LocationFront
Fuel Expense
Garage Spaces24
Garage Y/NYes
Gross Income695078
Insurance Expense13855
Land Lease Y/NNo
LevelsThree Or More
Listing TermsCash
Lot Size Square Feet11199
Lot Size UnitsSquare Feet
MLS AreaC01 - Beverly Hills
Net Operating Income419194
New ConstructionNo
Number Of Units Total22
Number of Units Leased21
Operating Expense275884
Pool FeaturesCommunity, In Ground
PostalCityBEVERLY HILLS
Property Attached Y/NNo
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsTrust
Standard StatusActive Under Contract
StatusActive Under Contract
Tax Lot787
Taxes$123,750
Total Actual Rent57923
Trash Expense9679
Water Sewer Expense35000
Year Built1960
Year Built SourceAssessor

Exterior for 240 S Doheny Drive

Building Area Total22735
Lot FeaturesLandscaped
Lot Size Acres0.2571
Lot Size Area11199
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters22
Number of Separate Gas Meters22
Number of Separate Water Meters0
Parking FeaturesCarport, Underground
Private PoolNo
Total Parking24
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $9,900,000
MLS#SR26028368
List Date 02/06/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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