$6,999,999
We are pleased to present 215 N La Peer Drive, a development opportunity located in the city of Beverly Hills. Offered for the first time on the market in over 35 years, this property represents a generational opportunity for a visionary investor or developer. Luxury Development Potential The property's true value lies in its exceptional potential for redevelopment. Occupying on expansive 1.5-lot footprint of 8,469 square feet, the site offers a rare density ploy with BHR4YY zoning. This allows for the construction of a four-story luxury condominium project, designed to meet the insatiable demand for high-end residential ownership in the 90211 ZIP code. The lot is further distinguished by its significant frontal space and deep profile, providing the necessary dimensions for a premier luxury residential entrance. An Incomparable Neighborhood Beverly Hills is a market defined by scarcity and prestige. The site is positioned in a neighborhood known for its safety, world-class public services, and the elite Beverly Hills school system. With current land availability at on all-time low, 215 N La Peer Drive stands as one of the most significant development opportunities in the submarket today.
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Listed by John Boyett with CBRE
Property Type
Residential Income
Status
Active
MLS Number
26654705
Year Built
1938
Lot Size
8,512 sq ft