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A+ Beverly Hills Location: 1st Time For Sale 9930 Durant Dr 8 Unit Apartment Building $3,895,000 ($486,875/Unit) Beverly Hills, CA 90212



Investment Highlights
- Incredible A+++ Beverly Hills Locatio
- 8 units - 11,334 Square Feet: Large Units for the Area
- Ample Parking - Soft Story Retrofit Completed
- First Time Ever for Sale: Being Sold by the Original Developer's Family
- New Main Electrical Panel, Elevator Modernization, Central HVAC, Newer Roof
- Near the Peninsula Hotel, Beverly Hills High School, the future One Beverly, Century City, Waldorf Astoria, Future Aman
Executive Summary
We are pleased to present 9930 Durant Drive, a rare opportunity to acquire a trophy multifamily asset in one of
the most coveted rental locations in Beverly Hills. Offered for sale for the first time since its construction in 1960 by the original family and priced considerably lower than replacement cost, this generational asset consists of 8 exceptionally large apartment homes totaling approximately 11,334 square feet on a premier residential street moments from world-class shopping, dining, employment centers, and luxury hospitality
The property features an attractive unit mix of six spacious two-bedroom/two-bath units and two one-bedroom/one-bath units. Designed well ahead of its time, the residences offer expansive floor plans, abundant natural light, high ceilings, fireplaces, oversized bedrooms, generous kitchens, and private balconies. A particularly rare feature for an asset of this vintage is central heating and air conditioning throughout the units, providing a level of comfort typically associated with newer construction.
Positioned within close proximity to Beverly Hills High School, The Peninsula Beverly Hills, Century City, and the transformative One Beverly Hills, the property benefits from one of the strongest rental submarkets in Southern California. The asset offers significant rental upside through the renovation and repositioning of units while preserving the property’s timeless architectural character.
Further enhancing the investment profile, the building features ample on-site parking, a completed soft-story seismic retrofit, newer roof, upgraded main electrical panel, an elevator that has completed modernization, and an on-site laundry facility, minimizing future capital expenditure requirements. Combining irreplaceable location, substantial in-place square footage, large unit layouts, and meaningful value-add potential, 9930 Durant Drive represents an exceptionally rare Beverly Hills multifamily offering.
the most coveted rental locations in Beverly Hills. Offered for sale for the first time since its construction in 1960 by the original family and priced considerably lower than replacement cost, this generational asset consists of 8 exceptionally large apartment homes totaling approximately 11,334 square feet on a premier residential street moments from world-class shopping, dining, employment centers, and luxury hospitality
The property features an attractive unit mix of six spacious two-bedroom/two-bath units and two one-bedroom/one-bath units. Designed well ahead of its time, the residences offer expansive floor plans, abundant natural light, high ceilings, fireplaces, oversized bedrooms, generous kitchens, and private balconies. A particularly rare feature for an asset of this vintage is central heating and air conditioning throughout the units, providing a level of comfort typically associated with newer construction.
Positioned within close proximity to Beverly Hills High School, The Peninsula Beverly Hills, Century City, and the transformative One Beverly Hills, the property benefits from one of the strongest rental submarkets in Southern California. The asset offers significant rental upside through the renovation and repositioning of units while preserving the property’s timeless architectural character.
Further enhancing the investment profile, the building features ample on-site parking, a completed soft-story seismic retrofit, newer roof, upgraded main electrical panel, an elevator that has completed modernization, and an on-site laundry facility, minimizing future capital expenditure requirements. Combining irreplaceable location, substantial in-place square footage, large unit layouts, and meaningful value-add potential, 9930 Durant Drive represents an exceptionally rare Beverly Hills multifamily offering.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$274,656
|
$37.98
|
| Other Income |
$1,000
|
$0.14
|
| Vacancy Loss |
$8,240
|
$1.14
|
| Effective Gross Income |
$267,416
|
$36.98
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$108,929
|
$15.06
|
| Net Operating Income |
$158,487
|
$21.91
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $274,656 |
| Annual Per SF | $37.98 |
| Other Income | |
|---|---|
| Annual | $1,000 |
| Annual Per SF | $0.14 |
| Vacancy Loss | |
|---|---|
| Annual | $8,240 |
| Annual Per SF | $1.14 |
| Effective Gross Income | |
|---|---|
| Annual | $267,416 |
| Annual Per SF | $36.98 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $108,929 |
| Annual Per SF | $15.06 |
| Net Operating Income | |
|---|---|
| Annual | $158,487 |
| Annual Per SF | $21.91 |
Property Facts
| Price | $3,895,000 | Building Class | C |
| Price Per Unit | $486,875 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 11,334 SF |
| Gross Rent Multiplier | 14.13 | Average Occupancy | 89% |
| No. Units | 8 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | Parking Ratio | 1.06/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R4YY, Beverly Hills | ||
| Price | $3,895,000 |
| Price Per Unit | $486,875 |
| Sale Type | Investment |
| Gross Rent Multiplier | 14.13 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 11,334 SF |
| Average Occupancy | 89% |
| No. Stories | 3 |
| Year Built | 1960 |
| Parking Ratio | 1.06/1,000 SF |
| Zoning | R4YY, Beverly Hills |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 6 | - | 1,300 |
| 1+1 | 2 | - | 900 |
1 1
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4328-004-010 | Improvements Assessment | $640,583 |
| Land Assessment | $1,973,010 | Total Assessment | $2,613,593 |
Property Taxes
Parcel Number
4328-004-010
Land Assessment
$1,973,010
Improvements Assessment
$640,583
Total Assessment
$2,613,593
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A+ Beverly Hills Location: 1st Time For Sale | 9930 Durant Dr
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