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8925 W Olympic Blvd
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8925 W Olympic Blvd
4,959 SF Retail Building Beverly Hills, CA 90211 $15,975,000 ($3,221/SF)
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INVESTMENT HIGHLIGHTS
- Hard Corner & Lighted Intersection
- Excellent Beverly Hills Demographics
- Estimated VPD: Over 60,000
- Strong Market Activity During Last 12 Months
EXECUTIVE SUMMARY
-Beverly Hills Mixed-Use Overlay Zone
-New Regulations Causing a Development Boom
-Height Increased From 3 stories
-Nearby Projects Submitting For Several Times That Height!
-New Regulations Causing a Development Boom
-Height Increased From 3 stories
-Nearby Projects Submitting For Several Times That Height!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
4,959 SF
Building Class
C
Year Built
1965
Price
$15,975,000
Price Per SF
$3,221
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.28 AC
Zoning
C-3T-2 - C-3T-2 Beverly Hills Mixed-Use Planned Development Overlay Zone
Parking
20 Spaces (4.35 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Storage Space
- Balcony
Walk Score®
Walker's Paradise (92)
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 4333-005-020 | Improvements Assessment | $248,487 |
Land Assessment | $3,100,507 | Total Assessment | $3,348,994 |
PROPERTY TAXES
Parcel Number
4333-005-020
Land Assessment
$3,100,507
Improvements Assessment
$248,487
Total Assessment
$3,348,994
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Presented by
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8925 W Olympic Blvd
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