$13,500,000

211 S Hamilton Drive

Beverly Hills CA, 90211

Description

We are pleased present 211, 213, 215 & -217 S. Hamilton Drive, an extremely rare 20,800 square feet development site in world-renowned Beverly Hills, CA. 211-217 S Hamilton Drive is ideally located just south of Wilshire Boulevard and the Metro Purple Line, providing convenient access to Downtown and West LA. The property is also located within walking distance of the Beverly Center, The Grove, Cedars-Sinai, and Restaurant Row. This is a very unique opportunity to purchase an ideal development site in one of the worlds highest barrier to entry locations. Spread over four contiguous parcels this project allows for twenty-four (24) units to be built by right. There is the potential to build up to thirty-three (33)units, including low-income units, with density bonuses. This site is quintessentially located just a short walk from exceptional dining, entertainment, shopping and cultural experiences. Approximately $22,680 monthly income from existing units.

Details

MLS#20672114
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site75

Features

ZoningBHR475
Acreage0.47
Water FrontNo
Property ViewYes
Loading Form
Loading Form
Area Information
StateCA
CountyLos Angeles
CityBeverly Hills
Zip Code90211
AreaC01 - Beverly Hills
Listing VS Median (in 90211)
Price:
$13,500,000
low | high
Med:
$5,798
100% of Average
On Site:
75
low | high
Med:
82
91.463414634146% of Average
Sourced by Back At You
Listing Updated: February 9, 2021 11:07:24 AM PST
Brett Sanson LogoMLS Number: 20672114
Listing Provided By:
Brett Sanson  of  Marcus Millichap
MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.