240 S Doheny Drive, Beverly Hills, CA 90211
Property
Sold May 2026
Listing Agent: Kenneth Marker (DRE #00977263) · Listing Office: Rodeo Realty · Contact: 818-402-6254 · Bought with: Edward Dolce · Rodeo Realty · MLS #SR26028368 · Source: CRMLS
How this sale compares
240 S Doheny Drive sold for $7,850,000 in May 2026, 7.6% under its $8,500,000 list price, after 67 days on the market. It was first listed at $9,900,000. Across 38 closed sales in 90211 over the last 12 months, the median sold price is $2,336,000 and the median is $883 per square foot.
| Quarter | Closed sales in 90211 | Median sold price |
|---|---|---|
| Q1 2026 | 4 | $1,987,500 |
| Q2 2026 | 15 | $2,775,000 |
| Q3 2026 | 16 | $1,747,500 |
| Q4 2026 | 3 | $2,470,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Beverly Hills · Homes for sale in 90211
Description
Exceptional opportunity to acquire a multifamily investment property in one of the most prestigious and supply-constrained markets in the United States. Located in Beverly Hills, the asset benefits from immediate proximity to the Golden Triangle, world-class dining and retail, major employment centers, and premier medical facilities, including Cedars-Sinai. The property is positioned in a market defined by consistently strong tenant demand, historically low vacancy, and significant barriers to entry. Beverly Hills’ stringent zoning regulations and limited availability of developable land have historically supported rent growth and long-term asset appreciation, making this location highly attractive to both domestic and international investors. The investment offers stable in-place income, with potential upside through continued rental growth and operational optimization. Its central location along Doheny Drive provides convenient access to Beverly Hills, West Hollywood, and the broader Westside, further enhancing its appeal to a professional tenant base seeking convenience, walkability, and a premier residential address. 240 S Doheny Drive is well-suited for investors seeking durable cash flow, capital preservation, and long-term value appreciation in a globally recognized market with exceptional fundamentals.
Listing description from the May 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 240 S Doheny Drive
221 S Almont Drive: Sold $3,175,000 · 4 bd · 3 ba · 2,105 sqft · Apr 2026 · 0.1 mi
Keller Williams Beverly Hills | DRE #01445924
Buyer's agent: J.J. Wallack, Keller Williams Beverly Hills | DRE #01445924256 S Almont Drive: Sold $2,375,000 · 3 bd · 1 ba · Jan 2026 · 0.1 mi
Compass | DRE #01745129
Buyer's agent: Michael Khorshidi, Compass | DRE #01745129316 Doheny Drive: Sold $2,254,000 · 10 bd · 6 ba · 5,910 sqft · May 2026 · 0.1 mi
Coldwell Banker Realty | DRE #00843771
Buyer's agent: Eliyahu Appel, Equity Union | DRE #01918652320 S Doheny Drive: Sold $2,995,000 · 10 bd · 7 ba · 5,920 sqft · Apr 2026 · 0.1 mi
Marcus & Millichap | DRE #01918652
Buyer's agent: Eliyahu Appel, Equity Union | DRE #01918652317 S Swall Drive: Sold $3,450,000 · 4 bd · 4 ba · 2,773 sqft · Jun 2026 · 0.2 mi
Resident Group | DRE #01918229
Buyer's agent: Adam Rosenfeld, Resident Group | DRE #01918229361 S Doheny Drive: Sold $980,000 · 2 bd · 2 ba · 1,210 sqft · Aug 2026 · 0.2 mi
Sotheby's International Realty | DRE #01440310
Buyer's agent: Marcus Kassin, The Agency | DRE #01216904121 N Almont Drive 103: Sold $1,335,000 · 2 bd · 3 ba · 1,719 sqft · Jan 2026 · 0.3 mi
Coldwell Banker Realty | DRE #00664167
Buyer's agent: Debby Fogelman, Core Real Estate Group | DRE #02156312329 S Clark Drive: Sold $5,047,000 · 5 bd · 6 ba · 3,900 sqft · Aug 2026 · 0.3 mi
Coldwell Banker Realty | DRE #01222626
Buyer's agent: Hekmat Zaghi, Hekmat Zaghi | DRE #00973922
Closed sales reported in 90211, nearest first, last 12 months. All recent sales in Beverly Hills →