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$5,200,000
Est. payment /mo
0.3 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26103464
Lot Size 0.298 Acres
Acres 0.3
Property Description
We are proud to present a double-lot development opportunity in Prime Beverly Hills! Currently consisting of two Single Family Residences at 217 and 219 S. Le Doux Road, both delivered vacant, the combined lot size is 13,000 SF. Benefit from the Beverly Hills address and attract Buyers or Tenants with the shopping, nightlife and world-class dining, often housed in historic surroundings. Located less than a quarter mile from the new Metro D Line Station, connecting the neighborhood to the Greater Los Angeles, this unprecedented area connectivity comes as a great complement to the area's Walker's Paradise designation by WalkScore. Relying on the proximity to the just-opened public transit, utilize Senate Bill 79 for the best and highest use of this land, even in a Single Family Residence zoned area! SB 79 took effect on July 1, 2026, and with it, construction on this property now qualifies as a Transit-Oriented Housing Development (TOD), which carries all of the benefits that come with that designation. The new SB 79 substantially changes density and land-usage options, deviating significantly from the previous default California State standards. Per SB 79, approximately 36 units are buildable on this double lot, with a FAR of 3.5, allowing over 45,000 SF of development, and a 75 foot height limit (with 9 foot setbacks required above 45 feet). The unit count could be increased by use of Density Bonuses, stacking bonuses to 54 Units Buildable on the land (or higher, but taking into account limits on what could fit). If no Density Bonus is utilized, the Low Income component through the Inclusionary Housing Requirement of Beverly Hills should remain at 10%, or 4 units (rounded up from 3.5). Put on your hard-hat and help Beverly Hills transform with higher density by the new Subway Station at Wilshire and La Cienega! Properties marketed include two APNs: 4333-025-005 & 4333-025-006.
Location
State CA
County Los Angeles
Area Beverly Hills
Zoning BHR1YY
Exterior
View Y/N Yes
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Special Listing Condition Standard
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Listed by Keller Williams Beverly Hills