324 S Doheny Dr, Beverly Hills, CA 90211

Property Description

324 S Doheny Dr is a three-unit townhome style property located in Beverly Hills' 90211 submarket. Built in 1988, the property offers a rare opportunity to acquire a well-maintained, low-density asset in one of Los Angeles County's most desirable and supply-constrained residential markets. The property is offered at $2,920,000, a 4.05% Cap Rate and a current GRM of 15.97. Encompassing approximately 4,875 square feet on a 0.13 acre lot and features a unit mix of (3) 3BR/3BA units, each averaging 1,625 square feet. Current rents are approximately 13% below market. At market rents, the cap rate is 4.87% and the GRM is 14.11. The property has passed its SB-721 balcony inspection as of 2026. The building is fully copper plumbed and separately metered for gas and electricity, and includes brand new dual sump pumps with a new control board. Each unit has its own water heater, with Unit B utilizing an in-unit tank system and Units A and C equipped with tankless units. Each unit has central HVAC and in-unit washers and dryers. The property has a subterranean, gated garage with 3 parking spaces per unit (9 total), configured as one tandem pair and one single space. Two storage rooms and a large maintenance closet are also located at the basement level. Each unit has its own private balcony and patio in addition to a shared communal grassy backyard. Unit A includes a front-facing patio, while Units B and C each have a back patio. All three units feature an upper balcony off the primary bedroom.