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$ 7,850,000
$ 8,500,000 7.6%
0.26 Acres Lot
$ 7,850,000
$ 8,500,000 7.6%
0.26 Acres Lot
Key Details
Sold Price $7,850,000
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR26028368
Sold Date 05/27/26
HOA Y/N No
Year Built 1960
Lot Size 0.257 Acres
Property Sub-Type Mixed Use
Property Description
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.
Location
State CA
County Los Angeles
Area C01 - Beverly Hills
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Carport, Underground
Garage Spaces 24.0
Garage Description 24.0
Pool Community, In Ground
Community Features Curbs, Sidewalks, Pool
Total Parking Spaces 24
Private Pool No
Building
Lot Description Landscaped
Story 4
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 4331024027
Acceptable Financing Cash
Listing Terms Cash
Financing Cash to New Loan
Special Listing Condition Trust
Bought with Edward Dolce Rodeo Realty
Nearby Locations
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