401 S Robertson Blvd
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401 S Robertson Blvd
0.36 Acres of Commercial Land Offered at $8,200,000 in Beverly Hills, CA 90211
Executive Summary
WESTMAC Commercial Brokerage Company is pleased to present the opportunity to acquire 401 S Robertson Boulevard, an extraordinary development opportunity in Beverly Hills, on the corner of S Robertson and W Olympic.
The subject property is comprised of developable land totaling ±15,836 SF along the western side of S Robertson Boulevard, just south of W Olympic Boulevard. The offering is zoned BHC-3 with Mixed Use Overlay. Potential multifamily developers are able to build 29 units (1/550SF of land) with C-3 use on the ground floor. If state density bonus is applied, the number of units, FAR, and Height may be increased. Max units vary by low income/affordable units included and must be reviewed by Beverly Hills. Additionally, medical use is allowed on the second floor and above.
The subject property is comprised of developable land totaling ±15,836 SF along the western side of S Robertson Boulevard, just south of W Olympic Boulevard. The offering is zoned BHC-3 with Mixed Use Overlay. Potential multifamily developers are able to build 29 units (1/550SF of land) with C-3 use on the ground floor. If state density bonus is applied, the number of units, FAR, and Height may be increased. Max units vary by low income/affordable units included and must be reviewed by Beverly Hills. Additionally, medical use is allowed on the second floor and above.
Property Facts
| Price | $8,200,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Redevelopment Project | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.36 AC |
| Price | $8,200,000 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.36 AC |
1 Lot Available
Lot
| Price | $8,200,000 | Lot Size | 0.36 AC |
| Price Per AC | $22,555,667 |
| Price | $8,200,000 |
| Price Per AC | $22,555,667 |
| Lot Size | 0.36 AC |
Walk Score ®
Walker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 4332-013-032 | Improvements Assessment | $36,160 |
| Land Assessment | $5,050,507 | Total Assessment | $5,086,667 |
PROPERTY TAXES
Parcel Number
4332-013-032
Land Assessment
$5,050,507
Improvements Assessment
$36,160
Total Assessment
$5,086,667
zoning
| Zoning Code | BHC3 (BHC3 with Mixed Use Overlay) |
| BHC3 (BHC3 with Mixed Use Overlay) |
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401 S Robertson Blvd
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