9430 West Olympic Boulevard

  • For Sale $13,500,000
  • Beverly Hills, CA 90212
  • Office | ±15,743 SF
9430 Olympic Main Photo

Description

WESTMAC Commercial Brokerage Company is pleased to present the opportunity to acquire 9430 W Olympic Boulevard, an owner-user or development opportunity in Beverly Hills, on the southwest corner of W Olympic and S Beverly, less than a mile from the Golden Triangle.

The subject property is comprised of ±15,743 square feet of building on ±9,875 square feet of Beverly Hills zoned C3 land. The vacant building is four stories. The first two floors are for parking, in addition to a lobby and mezzanine. The third and fourth floors are open office spaces in shell/raw condition. The space is bathed in natural light with expansive views of Beverly Hills and wraparound balconies on both floors. The building is equipped with an elevator.

The location of this property is excellent—within five minutes of Beverly Hills’ Golden Triangle and Westfield Century City Mall. Multiple restaurants are within walking distance, including Urth Caffe, Factor’s Deli, Chipotle, California Pizza Kitchen, Cafe Istanbul, and South Beverly Grill. Pavilions Market is located across the street. Beverly Hills is a world-famous, highly affluent neighborhood known for its high-end restaurants and luxury shopping. The epicenter of shopping in Beverly Hills is Rodeo Drive, a four-minute drive or 16-minute walk from the subject property. Within a 1-mile radius of 9430 W Olympic, the average income is $141,776 and the median home value is $1,006,223.

The subject property has excellent visibility given it’s location on a signalized intersection of two major thoroughfares that sees a traffic volume of over 50,000 cars per day, making it an ideal opportunity for signage. The building is currently vacant, allowing an owner-user to make their mark in the heart of Beverly Hills.

Builder’s Remedy plans have been submitted and approved for a 12-story mixed use building with 45 residential units, ground floor retail, and three levels of subterranean parking for 32 spaces. This is a rare opportunity to develop in the highly coveted neighborhood of Beverly Hills.


Due Diligence documents available at www.9340WOlympic.com.
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Details

  • Offer For Sale
  • Property Type Office
  • Building Size 15,743 SF
  • Land Size 9,875 SF
  • Year Built 1989
  • Zoning BHC3YY
  • Stories Four [4]
  • Tenancy Multi
  • Parking Two [2] floors of onsite parking; ±38 spaces in garage
  • Walk Score 94

Highlights

  • OWNER-USER OPPORTUNITY
  • 6-WAY SIGNALIZED CORNER
  • DEVELOPMENT OPPORTUNITY
  • BEVERLY HILLS LOCATION
  • DENSE RESIDENTIAL AREA & AFFLUENT DEMOGRAPHICS
  • PURPLE LINE EXPANSION
  • AREA AMENITIES

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Address

9430 West Olympic Boulevard
Beverly Hills, CA 90212
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