400 Beverly DrBeverly Hills, CA 90212

  • Retail properties
  • 7,165 SF
For Lease
$48/SF/YR View listing

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
400 Beverly Dr, Beverly Hills, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$36,589
$2,051,090
$485,722
$2,536,812
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