400 Beverly DrBeverly Hills, CA 90212
- Retail properties
- 7,165 SF
Property Details for 400 Beverly Dr
- Year built
- 1929
- Lot size
- 0.17 AC
- Property size (Sq ft)
- 7,165 SF
- Zone code
- BHC3*
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 4343-011-010
- APU
- 4343011010
Description
This exceptional Class A creative office space, located at 400 S Beverly Drive in Los Angeles County, offers a unique opportunity for businesses seeking a prestigious address. The building, totaling 6,261 square feet, is currently fully vacant and available for lease in multiple configurations. Units range from a minimum of 1,230 square feet to a maximum contiguous space of 5,031 square feet, providing flexibility for various tenant needs. Designed by Gensler, the building boasts a sophisticated aesthetic with exposed ceilings, glass offices, and open floor plans, creating a modern and inspiring work environment. The property features ample parking, with a ratio of 2.0 spaces per 1,000 square feet. Its prime location on South Beverly Drive places tenants within walking distance of Beverly Hills' finest restaurants and amenities, enhancing the overall appeal and convenience of this exceptional office space. This highly sought-after creative office building represents an unparalleled opportunity to establish a presence in one of the most desirable locations in Beverly Hills. The building's modern design and convenient location make it an ideal choice for businesses seeking a sophisticated and productive workspace. The entire 6,261 square feet is available for lease.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,011,895
- 6.5%
- $2,780,211
- 7%
- $2,581,624
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,430,301
- Geo Method
- $3,433,491
-
Alternative Use
- Use
- Valuation
- Residential
- $2,345,212
- Hospitality
- $2,148,202
- Educational
- $1,787,278
- Medical
- $1,848,746
- Retail
- $2,780,211
Location Insight
- City
- Beverly Hills
- County
- Los Angeles
- State
- California
- Latitude
- 34.0702
- Longitude
- -118.402
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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