TO OFFER THE ULTIMATE COMMERCIAL BROKERAGE EXPERIENCE
Partners CRE
is a National investment real estate advisory and brokerage firm, based in Beverly Hills, specializing in the sale of income producing properties. The Firm’s management has overseen the successful sale and closing of approximately 5,000 apartment units, and 1,000,000 square feet of office buildings and retail centers.
Partners CRE’s
mission is to provide its clients with the best personalized representation, coupled with state-of-the-art market knowledge and expertise. This is accomplished by our unique system of area and product specialization where each advisor is thoroughly knowledgeable about his/her own geographic area and has developed an unsurpassed degree of product expertise, backed by a state-of-the-art internal infrastructure complete with the latest in industry’s analytical tools.


SALES PRICE
$5,200,000
Beverly Hills
DOWNLOAD Offering Memorandum
Build 54 Units near new Metro Station
PartnersCRE is 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!
AGENTS
Dario Svidler
Andrew Veiseh