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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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Bought with Subscriber Non • Non-Participant Office