320 S Doheny Dr is a well-located multifamily asset in the heart of Beverly Hills' highly desirable 90211 rental submarket. Positioned north of Olympic Boulevard and east of South Beverly Drive, the property benefits from exceptional walkability and proximity to one of the area's most established dining, retail, and lifestyle… Read More corridors. Residents enjoy immediate walkable access to a concentrated mix of neighborhood dining, cafes, and retail along Doheny Drive, Beverly Drive, and Beverly Boulevard. Nearby there is Starbucks, Dr. Sandwich, La Gondola, La Provence Patisserie & Cafe and Clark St Bakery offering convenient everyday options and established local favorites. The property is also located moments from McLaren Beverly Hills, further reinforcing the area's high-profile commercial presence and walkable urban appeal. Built in 1954, the property is a low-rise multifamily building consisting of seven units, including three two-bedroom/one-bath units and four one-bedroom/one-bath units, offering a balanced mix that supports broad tenant demand and stable occupancy. The building has completed its required seismic and soft-story retrofit in accordance with Beverly Hills' mandatory retrofit ordinance, significantly reducing structural risk and long-term capital exposure while ensuring compliance with local safety standards. The property offers on-site parking, a meaningful competitive advantage in Beverly Hills' dense residential environment. Functionally, the property delivers efficient layouts, strong natural light, and essential in-unit amenities including air conditioning, heating, and functional kitchens. Given its walkable Beverly Hills location, with a walk score of 90, proximity to South Beverly Drive, strong surrounding amenities, completed seismic compliance, and competitive unit mix, 320 S Doheny Dr represents a compelling multifamily investment opportunity that combines stable in-place income, long-term capital preservation, and durable tenant demand in one of Los Angeles County's desirable markets. Read Less
Property listed by Marcus & Millichap, Eliyahu Appel 818-212-2700
Listing Snapshot
Days Online
0
Last Updated
Beds
10
Square Ft.
5,920
Lot Size
0.13 Acres
Year Built
1954
MLS Number
26644029
Additional Details
Appliances & Equipment
Refrigerator
Building
Built in 1954, Living area: 5920.0, 1 building, 2 stories, Levels: MultiSplit
Cooling
CentralAir
Heating
ForcedAir
Income
Gross Income: $202,405, Net Operating Income: $130,530
Interior Features
CeilingFans
Lot
0.1291 acres
Parking
Covered
Taxes
Parcel Number: 4331025029, Zoning: BHR4YY
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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