Beverly Hills Plaza | 8950 W Olympic Blvd
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Beverly Hills Plaza 8950 W Olympic Blvd Local commercial 2 792 m² 30 % Loué À vendre Beverly Hills, CA 90211
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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Trophy Location - Coveted Beverly Hills address with rare corner frontage and street visibility
- Immediate Upside - Delivered approximately 70% vacant with strong lease-up and repositioning potential
- Corner Lot Prominence - Full block-to-block exposure at Olympic & La Peer with ±275 feet of frontage
- Flexible Zoning - C-3T-2 Retail, Office of Medical use permitted by-right on the second floor
- ULA-Exempt - Located outside the City of Los Angeles, exempt from Measure ULA
- Transit-Adjacent - Minutes from Purple Line Extension (2028) at Beverly & Wilshire
RÉSUMÉ ANALYTIQUE
Lee & Associates – Los Angeles West Inc., as exclusive advisor, is pleased to present the exceptional opportunity to acquire 8950 W Olympic Blvd (the “Property”), a ±30,056 square foot, two-story multi-tenant retail building prominently positioned just south of the Beverly Hills Golden Triangle.
Constructed in 1988, the Property is situated on a ±30,566 square foot (0.70-acre) corner lot with ±275 feet of Olympic Boulevard frontage at La Peer Drive. 8950 W Olympic Blvd features flexible configurations across 25 suites for retail, showroom, office, or medical uses (permitted by right on the second floor), 91 gated parking stalls (3.03/1,000 SF), and multiple ingress/egress points, offering unparrelled visibility and accessibility in one of the most supply-constrained submarkets in the country.
Delivered approximately 70% vacant and exempt from Measure ULA, the Property presents a rare opportunity for investors or owner-users to create immediate value through lease-up and repositioning, while benefiting from long-term appreciation driven by surrounding redevelopment and infrastructure expansion.
Portfolio Opportunity:
This property may be acquired individually or as part of a five-building assemblage along the coveted Olympic Boulevard corridor in Beverly Hills:
8844 W Olympic Blvd – ±5,864 SF building | ±11,997 SF lot | 27 parking stalls
9018–9020 W Olympic Blvd – ±5,000 SF building | ±6,000 SF lot | 6 parking stalls
9024 W Olympic Blvd – ±6,058 SF building | ±6,283 SF lot | 12 parking stalls
8925 W Olympic Blvd – ±4,959 SF building | ±12,281 SF lot | 20 parking stalls
8950 W Olympic Blvd (Beverly Hills Plaza) – ±30,056 SF building | ±30,566 SF lot | 91 parking stalls
Total Opportunity:
Total Building SF: ±52,937 SF
Total Land SF: ±67,127 SF (±1.54 acres)
Total Parking: 160 stalls
Constructed in 1988, the Property is situated on a ±30,566 square foot (0.70-acre) corner lot with ±275 feet of Olympic Boulevard frontage at La Peer Drive. 8950 W Olympic Blvd features flexible configurations across 25 suites for retail, showroom, office, or medical uses (permitted by right on the second floor), 91 gated parking stalls (3.03/1,000 SF), and multiple ingress/egress points, offering unparrelled visibility and accessibility in one of the most supply-constrained submarkets in the country.
Delivered approximately 70% vacant and exempt from Measure ULA, the Property presents a rare opportunity for investors or owner-users to create immediate value through lease-up and repositioning, while benefiting from long-term appreciation driven by surrounding redevelopment and infrastructure expansion.
Portfolio Opportunity:
This property may be acquired individually or as part of a five-building assemblage along the coveted Olympic Boulevard corridor in Beverly Hills:
8844 W Olympic Blvd – ±5,864 SF building | ±11,997 SF lot | 27 parking stalls
9018–9020 W Olympic Blvd – ±5,000 SF building | ±6,000 SF lot | 6 parking stalls
9024 W Olympic Blvd – ±6,058 SF building | ±6,283 SF lot | 12 parking stalls
8925 W Olympic Blvd – ±4,959 SF building | ±12,281 SF lot | 20 parking stalls
8950 W Olympic Blvd (Beverly Hills Plaza) – ±30,056 SF building | ±30,566 SF lot | 91 parking stalls
Total Opportunity:
Total Building SF: ±52,937 SF
Total Land SF: ±67,127 SF (±1.54 acres)
Total Parking: 160 stalls
DATA ROOM Cliquez ici pour accéder à
- Financials
- Floor Plans
- Offering Memorandum
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- Title
INFORMATIONS SUR L’IMMEUBLE
Type de vente
Investissement ou propriétaire occupant
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
2 792 m²
Classe d’immeuble
C
Année de construction
1988
Pourcentage loué
30 %
Occupation
Multi
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
0,98
Surface du lot
0,28 ha
Zonage
C-3T-2 - Retail, showroom, office. Medical uses permitted by right on the second floor only.
Stationnement
91 places (6,45 places par 1 000 m² loué)
Façade
84 m sur W Olympic Blvd
CARACTÉRISTIQUES
- Atrium
- Terrain d’angle
- Système de sécurité
- Signalisation
- CVC contrôlé par l’occupant
- Accessible fauteuils roulants
- Panneau monumental
- Climatisation
- Balcon
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Walk Score®
Idéal pour les promeneurs (93)
PRINCIPAUX COMMERCES À PROXIMITÉ
TAXES FONCIÈRES
| Numéro de parcelle | 4332-009-038 | Évaluation des aménagements | 5 779 422 € |
| Évaluation du terrain | 24 102 817 € | Évaluation totale | 29 882 239 € |
TAXES FONCIÈRES
Numéro de parcelle
4332-009-038
Évaluation du terrain
24 102 817 €
Évaluation des aménagements
5 779 422 €
Évaluation totale
29 882 239 €
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Beverly Hills Plaza | 8950 W Olympic Blvd
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