149 -159 S MAPLE DRIVE, BEVERLY HILLS CA 90212
- 18,210 sq.ft. lot
Property Description
149-159 S Maple Dr & 9225 Charleville Blvd present a rare triple lot development opportunity just steps from Beverly Hills' Golden Triangle. This prime site comes with fully approved plans and permits for a 37-unit luxury multifamily project, featuring an attractive unit mix with an average size of 1,331 square feet. Planned common area amenities include a recreation room and a rooftop sundeck with a swimming pool. The project also offers significant upside, as the site may be re-entitled for up to 39 units through AB 1287 density bonus incentives. The property is currently improved with 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 via Ellis Act filings, clearing the path for immediate development. Situated in an ultra-prime location, the property offers exceptional proximity to Class-A office centers in Beverly Hills and nearby hubs like Century City, West Hollywood, Culver City, and Mid-Wilshire. Beyond its central location, the offering benefits from Beverly Hills' outstanding income and education demographics, ensuring long-term appeal to luxury renters or buyers.
Listing Courtesy of Tony Azzi, Tony Azzi
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