332 Beverly DrBeverly Hills, CA 90212
- Retail properties
- 5,989 SF
Property Details for 332 Beverly Dr
- Year built
- 1938
- Lot size
- 0.17 AC
- Property size (Sq ft)
- 5,989 SF
- Zone code
- BHC3*
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 4343-012-005
- APU
- 4343012005
Description
This exceptional 2,075-square-foot retail space is ideally situated on the vibrant Beverly Drive Promenade in Beverly Hills, California. The property, located at 332 S Beverly Drive, zip code 90212, boasts a single-tenant occupancy and is perfect for a variety of businesses seeking high visibility and foot traffic. Completely renovated in 2024, the space features high exposed ceilings and a wide-open floor plan, creating a bright and airy atmosphere conducive to a modern retail or office environment. The storefront design offers exceptional visibility to pedestrians along Beverly Drive, a highly desirable location known for its upscale shopping and dining experiences. The property includes two convenient parking spaces, a significant advantage in this sought-after area. The building is a single-story structure and does not include elevators. This turnkey retail space presents a unique opportunity to establish a presence in one of the most prestigious addresses in Beverly Hills. Its modern design and prime location make it an ideal investment for discerning businesses seeking a high-impact retail presence. The property's address is easily accessible and benefits from the high pedestrian traffic of the Beverly Drive Promenade.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,518,239
- 6.5%
- $2,324,529
- 7%
- $2,158,491
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,867,333
- Geo Method
- $2,869,948
-
Alternative Use
- Use
- Valuation
- Residential
- $1,960,827
- Hospitality
- $1,796,107
- Educational
- $1,494,340
- Medical
- $1,545,732
- Retail
- $2,324,529
Location Insight
- City
- Beverly Hills
- County
- Los Angeles
- State
- California
- Latitude
- 34.0694
- Longitude
- -118.401
- 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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