149-159 S Maple Dr & 9225 Charleville Bl

CBRE, as exclusive agent, is pleased to present the opportunity to acquire Maple & Charleville, a multifamily development site fully entitled to build 29 luxury units in the heart of Beverly Hills, California.149-159 S. The approved building design features an attractive unit mix with an average unit size of 1,670 square feet. Common area amenities will include a recreation room and rooftop sundeck with a swimming pool. The property can be reentitled for up to 40 units through AB 1287 density bonus. Existing improvements include three apartment buildings totaling 13-units that will be delivered vacant at the close of escrow. All units will have been removed from the rental market via Ellis Act filings. Not only are the Beverly Hills income and education demographics outstanding, but the Property provides immediate access to a top Class-A office employment center and is convenient to other key employment hubs such as Century City, West Hollywood, Culver City and Mid-Wilshire.
Maple & Charleville offers a discerning developer the opportunity to build the next luxury multifamily project with a premier Beverly Hills address.