Property listed by Keller Williams Beverly Hills, Dario Svidler, 310-432-6400.
$5,200,000
We are proud to present a double-lot development opportunity in Prime Beverly Hills! The City of Beverly Hills has been hard at work preparing the adoption of a Transit-Oriented Development Alternative Plan (aka TODAP), with a draft already released and the final designations being almost at our fingertips!… Read More 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. 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. Benefit from the Beverly Hills address and attract Buyers or Tenants with the shopping, nightlife and world-class dining, often housed in historic surroundings. The new TODAP Zoning substantially changes density and land-usage, deviating significantly from the default California State standards. The new ordinance became effective July 1, 2026, although the HCD review is still pending. The draft TODAP Plan shows each subject parcel at a base density of 18 units, combined for a total of 35 potential units (rounded down), with the property parcels sitting within a 75 foot height limit and a Floor Area Ratio (FAR) of 3.5, allowing a building envelope of around 45,500 SF. The density could be increased by use of a Density Bonus, if needed. 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! Until TODAP approval is issued, SB79, already in effect, provides for comparable development possibilities. Properties marketed include two APNs: 4333-025-005 & 4333-025-006. Read Less
Listing Snapshot
Days Online
1
Last Updated
Lot Size
0.3 Acres
MLS Number
26103464
Additional Details
Lot
0.2984 acres, Dimensions: 100x130
Taxes
Parcel Number: 4333025005, Zoning: BHR1YY
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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