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332 S Doheny Drive

Beverly Hills, CA 90211
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SqFt5,620

Sqft(Lot)

We are pleased to present 332 S. Doheny Drive, Beverly Hills, CA, an extremely rare development opportunity comprising 5,620 SF of alley-access land on one of Beverly Hills' most prestigious streets. The existing improvement is a vacant ~1,584 SF single-family residence with a detached rear garage. The offering renders a rare development opportunity on An exceptional 5,620 SF infill site located on prestigious Doheny Drive, in the heart of one of Southern California's most desirable residential markets. Flexible Multifamily Development Potential Zoned BHR4YY(R-4), offering a range of development options, including the ability to utilize California's State Density Bonus Program. The property boasts a convenient walkability, with close proximity to Rodeo Drive, Century City, and Beverly Cen ter, along with an abundance of restaurants, cafes, shopping, and services. The approximately 0.129-acre (5,620 SF) lot benefits from rear alley access, adding valuable flexibility for site planning, parking, and overall project design. The property is fully entitled with approved plans for a 9-unit, 5-story multifamily building featuring rooftop amenities, with approvals secured through both the Beverly Hills Planning Dept and Architectural Dept. A buyer pursuing the existing project would inherit a complete pre-development package, including full architectural, structural, and MEP plan sets, geotechnical clearance, a CEQA exemption, and a recorded density bonus covenant, representing significant time and capital savings from day one. The site also qualifies for ministerial small lot subdivision under SB 1123, offering a streamlined path to three fee-simple luxury townhomes without discretionary review. Beverly Hills remains one of the most desirable and competitive rental markets in Los Angeles. Combined with the high barrier to entry for comparable development sites, this represents a compelling opportunity for creative investors seeking premier locations to build.

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Detail Ic Property Details

Property Type : Land

Price : $2,985,000

AD Id : 88328142

MLS Id : 26860509

Lot Size : 5,620 Sqft(Lot)

County : Los Angeles

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  • Lot Information

    Main Square Feet: 5620 Lot Size Acres: 0.129 Lot Size Source: Estimated Lot Size Square Feet: 5,620

  • Listing Price Information

    Listing Price: $2985000

  • Tax Information

    Parcel Number: 4331025026

  • Location Information

    Direction: Between Gregory Way and Olympic Blvd.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
214 S Hamilton Drive, Beverly Hills, CA, 90211 $8,500,000 -- -- -- 10,400 Sqft(Lot)

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ByOwner last updated this listing 07/28/2026 @ 21:30

MLS: 26860509 LISTED BY: Neema Ahadian, Marcus & Millichap 310-909-5500 SOURCE: CRMLS

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