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9225 Charleville Blvd 0.42 Acres of Residential Land Offered at $12,950,000 in Beverly Hills, CA 90212



INVESTMENT HIGHLIGHTS
- Fully entitled Beverly Hills site. 29 rentals by SPF:architects. Vacant delivery. Condo map option.
- Developer has rare opportunity to build high-end apartments or condos in Beverly Hills.
- Beverly Hills rents and prices outperform LA, driven by prestige, location, and limited supply.
- New plans submitted under AB 1287 to build 37 luxury units in Beverly Hills.
- Triple lot in Beverly Hills priced at $12.95M make a generational opportunity to buy three adjacent lots for residential development in Beverly Hills.
- Beverly Hills continues to face a new housing need, particularly for high-end multifamily units.
EXECUTIVE SUMMARY
The property benefits from an approved building design for 29 units, featuring a highly desirable unit mix with an average unit size of approximately 1,331 square feet. Planned common-area amenities include a recreation room and a rooftop sundeck with a swimming pool, enhancing long-term tenant appeal. Additionally, the site may be re-entitled for up to 39 units through AB 1287 density bonus incentives (buyer to verify).
Existing improvements consist of three apartment buildings totaling 13 units, all of which will be delivered vacant at the close of escrow. All units have been removed from the rental market through Ellis Act filings, providing a clear path for redevelopment without rent-control constraints.
Beyond the asset itself, the location offers exceptional fundamentals. Beverly Hills boasts some of the strongest income and education demographics in the region, while the property enjoys immediate proximity to Class-A office employment centers and convenient access to Century City, West Hollywood, Culver City, and Mid-Wilshire—positioning the site at the center of Los Angeles’ most dynamic employment and lifestyle corridors.
PROPERTY FACTS
| Price | $12,950,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.42 AC |
| No. Lots | 1 | No. Stories | 2 |
| Property Type | Land | ||
| Zoning | R-4 - Multifamily Residential | ||
| Price | $12,950,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.42 AC |
| No. Stories | 2 |
| Zoning | R-4 - Multifamily Residential |
1 LOT AVAILABLE
Lot
| Price | $12,950,000 | Lot Size | 0.42 AC |
| Price Per AC | $30,833,333.33 |
| Price | $12,950,000 |
| Price Per AC | $30,833,333.33 |
| Lot Size | 0.42 AC |
Triple lot steps from Beverly Hills' Golden Triangle. Rare development opportunity with fully approved plans and permits. Prime location near world-class dining, shopping, and entertainment. Ready for immediate build.
DESCRIPTION
Exceptional triple lot development opportunity steps from Beverly Hills’ Golden Triangle. Fully approved plans for 29 luxury units averaging 1,331 SF, with upscale amenities including a recreation room, rooftop sundeck, and swimming pool. Potential to re-entitle for up to 39 units under AB 1287 density bonus. Existing improvements include three apartment buildings totaling 13 units, all to be delivered vacant at the close of escrow following Ellis Act removals. Prime location with immediate access to Class-A employment hubs, world-class shopping, dining, and entertainment. New plans utilizing stacked density bonus under AB 1287 to build 37 luxury apartment units have been submitted to the City of Beverly Hills.
PROPERTY TAXES
| Parcel Number | 4331-013-013 | Improvements Assessment | $2,975,359 |
| Land Assessment | $1,983,572 | Total Assessment | $4,958,931 |
PROPERTY TAXES
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9225 Charleville Blvd
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