8913 W Olympic BLVD #205, Beverly Hills, CA 90211
$6,525,000
$5,400,000
20.8%
Est.Price: ?

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6,002 Sqft Lot

8913 W Olympic BLVD #205 Beverly Hills, CA 90211

Est. payment /mo
SOLD DATE : 04/20/2023

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Key Details

Sold Price $6,525,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 23234381

Sold Date 04/20/23

HOA Y/N No

Year Built 1955

Lot Size 6,002 Sqft

Property Description

We proudly present 8913 Olympic Boulevard, a charming office building in Beverly Hills. On the market for the first time in 60 years, this two-story low-rise building was built in 1955 and is located in an excellent location. It is comprised of eight large suites totaling 6,088 Sq. Ft (5,747 sq. ft. of rentable area),18 parking spaces, on a 6,001 Sq. Ft. Lot. The property qualifies for the City of Beverly Hills Medical conversion use ordinance (22-0-2864) which gives any new owner user or investor tremendous value. Each floor has two restrooms and there is ample space to put in an elevator. All of the suites, expect for one, are on month-to-month leases allowing a new Buyer to immediately reposition or occupy the building. THE OPPORTUNITY - With limited inventory in Beverly Hills, 8913 Olympic is a unique opportunity to purchase an office building in a world-renowned location. Beverly Hills continues to be the most sought after city to own real estate in. Business owners, doctors, dentists, attorneys, and other professionals can now own and operate their business from a building they own.

Location

State CA

County Los Angeles

Area C01 - Beverly Hills

Zoning BHC3YY

Interior

Fireplace No

Exterior

Total Parking Spaces 18

Building

Story 2

Others

Tax ID 4333005019

Special Listing Condition Standard

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Listed by Adam Zunder Iconic Investments #01821053
Bought with Subscriber Non Non-Participant Office
Jessica Lam

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