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240 S Doheny Dr
For Sale $9,900,000
$9,900,000
- 22 Units
- Unknown Sq Ft
- 11,199 Sq Ft
- Unknown Cap Rate
Description
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $9,900,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 4 stories |
| Parking Spots | 24 spots |
| Year Built | 1960 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 4331024027 |
| MLS # | SR26028368 |
| Property ID | 293105648 |
| Lot Sqft | 11,199 |
| Zoning | Unknown |
| Total Units | 22 |
| Days on Market | 13 |
| Original List Price | $9,900,000 |
| Date Updated | February 11, 2026 |
| Date Created | February 06, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $57,923 | $0 |
| Net Income (Yr) | $ 419,194 |
| Cap Rate | 4.23% |
Listing Provided By
Kenneth Marker an agent of . Lic #00977263
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 11, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT