346 North Maple Drive

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346 North Maple Drive

Beverly Hills, CA 90210
Asking Price
$6.35M
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel offered for sale in Beverly Hills
  • Site includes approval for a 65-unit Builder's Remedy project
  • Located at 346 North Maple Drive in the 90210 zip code
  • Investment opportunity situated within a high-demand California market
  • Property is well-positioned for large-scale residential development projects
  • Total asking price for the parcel is 6,350,000 dollars

What's Special

This residential land parcel in Beverly Hills is available for sale, presenting a clear path for developers focused on high-density housing projects. Situated within the 90210 zip code, the site benefits from the prestige and connectivity associated with this prominent Southern California market. Given the existing approval for a 65-unit Builder’s Remedy project, the property serves as a viable option for investors and builders looking to scale their residential portfolio in a well-established urban environment. Beverly Hills remains a central hub within the Los Angeles metropolitan area, drawing consistent demand for residential inventory. The site offers efficient access to major thoroughfares and proximity to the region's diverse economic centers. Developers seeking to maximize land utility will find the current project entitlements provide a significant advantage for immediate planning and construction phases.

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NOI
$80,000
Cap Rate
1.26%
DSCR
0.21
Underwater
Cash-on-Cash
-15.59%
Monthly Payment
$31,416.335
Annual Cash Flow
$-296,996.024

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