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8913 W Olympic Boulevard 205, Beverly Hills, CA 90211

Commercial property

8913 W Olympic Boulevard 205, Beverly Hills, CA 90211 Sold April 2023 CRMLS
$6,525,000Sold April 2023

Listing Agent: Adam Zunder (DRE #01821053) · Listing Office: Iconic Investments · Contact: 747-444-3300 · Bought with: Subscriber Non · Non-Participant Office · MLS #23234381 · Source: CRMLS

6,088
Building Sq Ft
6,001 sqft
Lot Size
1955
Year Built
BHC3YY
Zoning
Commercial property
Type

About this commercial property

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.

Listing description from the April 2023 sale, as reported to CRMLS.

Sale history

$6,525,000
Sold April 2023 · listed $5,400,000, on market January 2023 · MLS #23234381 · Source: CRMLS
Listing Agent: Adam Zunder · Listing Office: Iconic Investments · Contact: 747-444-3300 · Bought with: Subscriber Non · Non-Participant Office
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