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Sold for $7,850,000
  • Listed by: Rodeo Realty • Kenneth Marker • Contact: 818-986-7300
    Bought with: Rodeo Realty
    $7,850,000

    240 S Doheny Dr, Beverly Hills, CA 90211

    27beds
    28baths
    22,735sqft
    Mixed Use
    Built in 1960
    -- sqft lot
    $7,850,600 Zestimate®
    $345/sqft
    $4,142 Estimated rent

    Home value

    $7,850,600

    $7.14M - $8.64M

    $4,142/mo

    Zestimate® history
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    $4,142/mo

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    Rent Zestimate®

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    $50,732/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kenneth Marker DRE #00977263 818-402-6254,

    Rodeo Realty

    Bought with:

    Edward Dolce, DRE #01232430

    Rodeo Realty

    Source: CRMLS,MLS#: SR26028368MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 27
    • Bathrooms: 28
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 22,735
    • Total interior livable area: 22,735 sqft

    Property

    Parking
    • Total spaces: 24
    • Parking features: Carport, Underground
    • Garage spaces: 24
    • Has carport: Yes
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: Front
    • Pool features: Community, In Ground
    Lot
    • Size: 0.26 Acres
    • Features: Landscaped
    Details
    • Parcel number: 4331024027
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Sidewalks, Pool
    Location
    • Region: Beverly Hills

    Financial & listing details

    • Price per square foot: $345/sqft
    • Date on market: 2/9/2026
    • Cumulative days on market: 67 days
    • Listing terms: Cash
    • Total actual rent: 57923

    Price history

    DateEventPrice
    5/27/2026Sold$7,850,000-7.6%$345/sqft
    Source: CRMLS #SR26028368 Report a problem
    4/18/2026Pending sale$8,500,000$374/sqft
    Source: CRMLS #SR26028368 Report a problem
    4/13/2026Listed for sale$8,500,000-14.1%$374/sqft
    Source: CRMLS #SR26028368 Report a problem
    2/28/2026Contingent$9,900,000$435/sqft
    Source: CRMLS #SR26028368 Report a problem
    2/9/2026Listed for sale$9,900,000$435/sqft
    Source: CRMLS #SR26028368 Report a problem
    5/29/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/18/2023Price change$3,195-3%
    Source: Zillow Rentals Report a problem
    4/29/2023Price change$3,295+37.6%
    Source: Zillow Rentals Report a problem
    4/19/2023Listed for rent$2,395-45.6%
    Source: Zillow Rentals Report a problem
    10/2/2017Listing removed$4,400
    Source: ENGEL & VOLKERS Santa Monica #17266746 Report a problem
    9/3/2017Listed for rent$4,400+100.5%
    Source: ENGEL & VOLKERS Santa Monica #17266746 Report a problem
    6/8/2017Listing removed$2,195
    Source: Owner Report a problem
    5/9/2017Listed for rent$2,195-2.4%
    Source: Owner Report a problem
    3/17/2017Listing removed$2,250
    Source: Zillow Rental Network Report a problem
    2/14/2017Listed for rent$2,250-13.5%
    Source: Zillow Rental Network Report a problem
    12/5/2016Listing removed$2,600-3.7%
    Source: 877RENTPRO.com Report a problem
    4/19/2016Listing removed$2,700-25%
    Source: K.I.G. Capital Management Report a problem
    2/10/2016Listed for rent$3,600+12.5%
    Source: Owner Report a problem
    6/5/2014Listing removed$3,200
    Source: Keller Williams Beverly Hills #14750189 Report a problem
    4/25/2014Price change$3,200-13.4%
    Source: Keller Williams Beverly Hills #14750189 Report a problem
    4/6/2014Price change$3,695+105.3%
    Source: Keller Williams Beverly Hills #14750189 Report a problem
    3/23/2014Price change$1,800-55%
    Source: 877-RENT-PRO Report a problem
    2/1/2014Listed for rent$4,000+116.2%
    Source: 877-RENT-PRO Report a problem
    8/2/2013Listing removed$1,850
    Source: 877-RENT-PRO (7368-776) Report a problem
    7/12/2013Listed for rent$1,850-22.9%
    Source: 877-RENT-PRO (7368-776) Report a problem
    3/20/2013Listing removed$2,400
    Source: Williams Real Estate Advisers Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Southeast Doheny

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $7,850,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $7,850,600