-
THIS ISBEVERLY HILLSLIVING
LUXURY APARTMENTS / WORLD FAMOUS ZIP CODE
-
BEVERLY HILLSROOFTOP WITH A VIEW
131 S Maple Drive, Beverly Hills 902129955 Durant Drive, Beverly
Hills 90212
-
Avison Young is proud to exclusively present this
once-in-a-lifetime opportunity to acquire 9955 Durant and 131
Maple, two rare Class ‘A’ luxury apartment buildings located in the
City of Beverly Hills, adjacent to the world-famous Rodeo Drive
within the Golden Triangle. Although constructed in 1961 and 1964,
9955 Durant’s and 131 Maple’s units have been stripped to the studs
and rebuilt to modern specifications, mechanical, electrical and
plumbing systems upgraded, common areas modernized, and interiors
reconfigured and designed with condo-quality finishes by notable
architecture firm Omgivning. The redevelopments of 9955 Durant and
131 Maple were completed in 2014 and 2016, effectively turning both
into new properties. This level of redevelopment and renovation in
order to achieve commensurate rent increases is unlikely to be
replicated in the City of Beverly Hills due to current rental
restrictions recently approved by the City in February 2017. As
such 9955 Durant and 131 Maple are two of only a handful of Class
‘A’ apartment buildings in Beverly Hills, specifically, less than
1.5% of the apartment stock is Class ‘A’ while over 60% was
constructed more than 50 years ago. No additional Class ‘A’
for-rent housing is in construction or in the development pipeline.
9955 Durant and 131 Maple offer investors a uniquely compelling
opportunity: • 100% occupied • High-end, luxury apartments
remodeled with units fully turned; but with strong potential for
future rent growth • 2 of only 10 Class ‘A’ apartment buildings (5+
units) in the City of Beverly Hills; rarely come available for
purchase • No additional Class ‘A’ for-rent housing is in
construction or in the development pipeline • Excellent Beverly
Hills public school system rated 9-10/10 by Great Schools; tenants
able to save on average $40,000 per student per year as compared to
private school tuition • Top average household incomes in the
surrounding area over $180K • Transit oriented coming in 2025 with
the Metro Rail Purple Line Extension 9955 Durant features 20 units
averaging 1,681 square feet, and 131 Maple features 25 units
averaging 1,298 square feet. The large apartment square footages
and inclusion of dens in many of the floorplans provide investor
and resident both with terrific flexibility. Apartments include
wood plank-style flooring, squared-edge quartz countertops, wood
cabinetry, stainless steel appliances, wine coolers and in-unit
washer dryers. Both properties have a penthouse level apartment
home; and 131 Maple boasts an exquisite rooftop lounge complete
with barbecue grills, cabana, and offering 360-degree views of Los
Angeles. Los Angeles continues to attract people from around the
world with its fabulous weather and high-paying jobs in emerging
tech and creative hubs expanding from Silicon Beach to Downtown LA.
The City’s significance is further enhanced with its selection as
the site of the 2028 Summer Olympics and destination for the 2026
FIFA World Cup.
MAY BE ACQUIRED INDIVIDUALLY OR AS A PORTFOLIO
-
SANTA MONICASANTA MONICA
OLY
MPI
C B
LVD
RODEO
DRIVE
RODEO
DRIVE
CENTURY CITYCENTURY CITY
PACIFIC OCEANPACIFIC OCEAN
WIL
SH
IRE
BLV
D
WIL
SH
IRE
BLV
D
OLY
MPI
C B
LVD
-
ASKING PRICEAvailable Upon Signed CA
Website beverlyhillsdmportfolio.comAddress 9955 Durant Drive
Beverly Hills, CA 90212Zoning R-4 (City of Beverly Hills)Assessor
Parcel Number 4328-002-035 (Los Angeles County)Lot Area 16,500 sq
ft (0.38 acres)Gross Building Area 38,100 sq ftStories 5 (4 stories
residential over 1 level semi-subterranean parking)Year
Completed/Renovated 1961/2014Units 20Bedrooms 44 (not including den
in Unit 103)Net Rentable Area 33,619Average Unit Size 1,681Parking
Spaces 39Parking Ratio 1.95 spaces/unit
PROPERTY SUMMARY
Website beverlyhillsdmportfolio.com Address 131 South Maple
Drive Beverly Hills, CA 90212Zoning R-4 (City of Beverly
Hills)Assessor Parcel Number 4331-013-045 (Los Angeles County)Lot
Area 12,128 sq ft (0.28 acres)Gross Building Area 37,066 sq
ftStories 6 (5 stories residential over 1 level parking)Year
Completed/Renovated 1964/2016Units 25Bedrooms 31 (not including 16
dens)Net Rentable Area 32,450Average Unit Size 1,298Parking Spaces
34Parking Ratio 1.36 spaces/unit
ASKING PRICEAvailable Upon Signed CA
PROPERTY SUMMARY
https://www.beverlyhillsdmportfolio.comhttps://www.beverlyhillsdmportfolio.com
-
UNIT TYPE UNITS AVERAGE UNIT SF TOTAL SF %
1/1 1 832 832 5%
2/2 13 1,657 21,547 65%
2+Den/2 & 3/3 5 1,814 9,070 25%
3/2.5 Penthouse 1 2,170 2,170 5%
Total/Average 20 1,681 33,619
UNIT MIX SUMMARY
-
UNIT TYPE UNITS AVERAGE UNIT SF TOTAL SF %
1/1 8 1,000 8,000 32%
1+Den/2 12 1,350 16,200 48%
2+Den/2 4 1,600 6,400 16%
3/2 Penthouse 1 1,850 1,850 4%
Total/Average 25 1,298 32,450
UNIT MIX SUMMARY
-
CENTURYCITY
Beverly HillsHigh School
CENTURYCITY
Beverly HillsHigh School
LosAngelesCountry
Club
RoxburyParkWestfield
Century CityWestfield
Century City
Purple Line Extension Section 2 (2025)
Wilshire/RodeoStation (2025)Wilshire/RodeoStation (2025)
Purple Line Extension Section 2 (2025)
Purp
le Li
ne E
xten
sion
Sect
ion
2 (2
025)
Purp
le Li
ne E
xten
sion
Sect
ion
2 (2
025)
G o l d e nTr i a n g l eG o l d e n
Tr i a n g l e
LaCienega
Park
WestHollywood
Park
BeverlyCenterBeverlyCenter
BEVERLYHILLS
Beve
rly G
arden
s Pa
rk
Century City/ConstellationStation (2025)
Century City/ConstellationStation (2025)
ROD
EO
SO
UTH
BE
VE
RW
ILD
R.
BE
VE
RLY
DR
IVE
DR
IVE
DR
IVE
MA
PLE
DURA
NT D
RIVE
LIN
DE
N
DR IVE
DR.
CAMD
EN
DR.
BEVERLY
DR.
CANO
N
WY.
WY.
DAYT
ON
BRIG
HTON
DR.
CRESCENT
DR.
REXFORD
BLVD.
WY.CLIFTON
CHARLEVILLE
GREGORY WY.CENTU
RY
OF
THE
STARSPARK
EAST
BLVD
.
MONI
CA
SANT
A
BLVD
.
MON
ICA
SANT
A
S.
ROD
EO
SO
UTH
BE
VE
RW
ILD
R.
BE
VE
RLY
DR
IVE
DR
IVE
DR
IVE
MA
PLE
DURA
NT D
RIVE
S.
DR.
MORENO
S.
DR.
LIN
DE
N
DR IVE
ROD
EO
BLVD
.
DRIVE
AVE.
AVE.
DR.
WH
ITTIER
ELEV
ADO CA
RMEL
ITA
BLVD.
BLVD.
BLV
D.
BLV
D.
BLVD
.
VIC
ENTE
SA
N
CIE
NE
GA
LA
RO
BE
RTS
ON
BEVERLY
BLVD.OLYMPIC
WAY
AVE.
MELROSE
W. 3RD ST.
BURTON
WILSHIRE
BLVD.
WILSHIRE
ROD
EO
SUNS
ET
BLVD
.
DRIVE
DR.
CAMD
EN
DR.
BEVERLY
DR.
CANO
N
WY.
AVE.
AVE.
DR.
WH
ITTIER
ELEV
ADO CA
RMEL
ITA
WY.
DAYT
ON
BRIG
HTON
DR.
CRESCENT
DR.
REXFORD
BLVD.
BLVD.
BLVD.
BLV
D.
BLV
D.
BLVD
.
VIC
ENTE
SA
N
CIE
NE
GA
LA
RO
BE
RTS
ON
BEVERLY
WY.CLIFTON
CHARLEVILLE
GREGORY WY.
BLVD.OLYMPICBLVD.OLYMPIC
CENTU
RY
AVEAVE
OF
THE
STARSPARK
EAST
WAY
AVE.
MELROSE
W. 3RD ST.
BURTON
WILSHIRE
BLVD.
WILSHIRE
BLVD
.
MONI
CA
SANT
A
BLVD
.
MON
ICA
SANT
A
S.
MORENO
DR
.N
.M
AP
LED
R.
N.
MA
PLE
B LVD.P ICO
BLVD.P ICO
114
3019
11
I
4
32
1710 21
G
27
253 K
18
23 A
6 E
16
M
2 H
24
28
D
12
L J
O
7 8 9
31F
29
520 26
B
22N
1513
C
8
9
11
12
13
14
15
16
10
7
6
5
4
3
2
1 17andSons ChocolatiersAvec NousAvraBeverly Hills Farmers'
MarketCraftCUTDin Tai FungEatalyGelson'sGratitudeThe Grill on the
AlleyJean-GeorgesLawry'sMadeoMatsuhisaMaude
Nate'n AlNozawa BarOcean PrimeShake ShackShikiSomniSpagoTempura
EndoUrasawaWexler's DeliWhole Foods MarketYakiniku YAZAWAAnnenberg
Space for PhotographyEquinoxEquinoxWallis Annenberg Centerfor the
Performing Arts
RETAIL
E
F
G
H
I
J
K
M
N
O
L
D
C
B
A AKA Beverly HillsAvalon HotelThe Beverly Hills HotelThe
Beverly HiltonBeverly WilshireCentury Plaza HotelThe Crescent
HotelL'Ermitage Beverly HillsLuxe Rodeo Drive HotelMaison
140Montage Beverly HillsThe Peninsula HotelSIXTY Beverly HillsSLS
Hotel Beverly HillsWaldorf Astoria Beverly Hills
HOTELS
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
-
CONTACTS PETER SHERMAN
424.257.6475
[email protected]
CA LICENSE #01472521
DEBT & EQUITY
JAY MADDOX
424.257.6471
[email protected]
CA LICENSE #00987433
SAM CHOW
424.257.6478
[email protected]
CA LICENSE #01901782
ALEX JURDI
424.369.8019
[email protected]
CA LICENSE #01919242
ROGER DELA ROSA
424.257.6477
[email protected]
AVISON YOUNG
CAPITAL MARKETS
MULTIFAMILY
10940 WILSHIRE BLVD | SUITE 800 LOS ANGELES, CA 90024
Photo taken from the rooftop at 131 Maple
beverlyhillsdmportfolio.com
http://beverlyhillsdmportfolio.com
