142 S Wetherly Drive

Los Angeles, CA 90048

  • 0 Bed(s)
  • 0 Bath(s)
  • 35,577 Sqft
  • 18006
    Sqft(Lot)
$15,250,000

Description

We re pleased to present the opportunity to acquire 142 south wetherly drive, a 36 unit value-add opportunity located near the corner of doheny drive and 3rd street on the border of beverly hills.142 south wetherly is an extremely rare offering as this is the first time the property has been offered for sale on the open market and is being sold by the family of the original developer. the building layout is as an exceptional opportunity for a boutique luxury value-add investor. 142 south wetherly's footprint features condo style layouts with expansive floorplans, wide hallways, private balconies, and adequate parking which pairs perfectly for the area's affluent renter base. with all the units in classic condition or moderately upgraded, a potential buyer has a unique opportunity to acquire a property seeking modernized cosmetic enhancements. 142 south wetherly is located on a ~17,990-square-foot lot and is comprised of one four story walk-up garden style building totaling ~35,577 square feet over on-grade secured garage parking with 39 spaces. the property offers a desirable unit mix that bodes well for the renting community in the immediate area, including one (1) studio, (29) one-bedroom/one-bathroom units, five (5) two-bedroom/two-bathroom units, and (1) one two-bedroom/three-bathroom penthouse unit. as units turnover, a savvy investor stands to capture significant loss-to-lease of roughly 35% by capitalizing on high-end finishes sought after by the modern-day beverly hills, adjacent renter.beyond the property's physical characteristics, 142 south wetherly benefits from an exceptional location between beverly hills and west hollywood, placing it in one of southern california's most desirable rental markets. surrounded by multimillion-dollar homes, the area is starved of high-end rental apartment product. with proximity to rodeo drive, the sunset strip, and century city the property offers residents access to high-end retail, world-class dining, major employment centers, and vibrant entertainment, making it feel like the best of tow premier neighborhoods in one location.given the specific location, physical attributes of the asset, untapped value-add potential, and rarity of the offering, 142 south wetherly drive offers investors the unique opportunity to establish a premier luxury community in one of los angeles' most coveted rental submarkets.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49297463

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Property Details

  • Bedroom Information

    • Total Bedrooms : 0

    Bathroom Information

    • Total Baths: 43
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Dishwasher,Disposal,Microwave

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1969
    • Building Area Total: 35,577

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.4134
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 18006

  • Listing Price Information

    • Original List Price: 15,250,000
    • Listing Contract Date: 2025-04-09

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 4335009026

  • Garage and Parking

    • Garage Description: Assigned,Gated

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C19 - Beverly Center-Miracle Mile
    • Directions: Premier A+ location. Kitty corner to the Four Seasons Hotel Beverly Hills on 3rd and Doheny Drive.
    • Zoning: LAR4
    • Source Property Type: Residential Income
    • Area: C19 - Beverly Center-Miracle Mile

    Building and Construction

    • Property Age: 56
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 35577
    • Levels or Stories: Multi/Split
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BuyOwner last updated this listing 05/22/2025 @ 11:16

  • MLS: 25523371
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 35,577 sqft, 18,006 sized lot, and 0 parking. are nearby neighborhoods.