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Key Details
Sold Price $9,500,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,211 sqft
Price per Sqft $1,156
MLS Listing ID 23311473
Sold Date 01/25/24
HOA Y/N No
Year Built 1983
Lot Size 0.281 Acres
Property Description
REDUCED! We are proud to exclusively present for sale a prime Beverly Hills office building perfect for owner-user, investor or developer. Located at the intersection of Olympic Blvd. and Maple Dr., this location has tremendous visibility on a major corridor with 104 feet of frontage on Olympic and 117 feet on Maple. Backing up to an alley with residential zoning beyond, this 1983 steel construction has been well-maintained and offers the potential for housing the next hot restaurant in the area! Medical and office use are permitted on the Second Floor; retail and office use are permitted on the Ground Floor. Or turn this A+ trophy property into your world headquarters! With 24 side-by-side parking spaces open to the sky (with potential for redeveloping this under-used space), tenants can still access what the area has to offer on foot, just a few very short blocks to Beverly Dr. and a myriad of dining options from the quick to the fine dining - Walk Score calls this area a Walker's Paradise! The building features high ceilings, an elevator, common and private bathrooms, a stylish design and currently a private gym. The building can potentially be delivered vacant or with income. There is potential to acquire the parking lot across Maple Dr. Perfect for an SBA Buyer!
Location
State CA
County Los Angeles
Area C01 - Beverly Hills
Zoning BHC3YY
Interior
Fireplace No
Exterior
Total Parking Spaces 24
Building
Story 2
Others
Tax ID 4330034036
Special Listing Condition Standard
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Bought with Subscriber Non • Non-Participant Office