405 Beverly DrBeverly Hills, CA 90212

  • Office properties
  • 25,740 SF
For Lease
$63/SF/YR View listing

Property Details for 405 Beverly Dr

Year built
1973
Construction
TILT-UP CONCRETE
Lot size
0.38 AC
Property size (Sq ft)
25,740 SF
Zone code
BHC3*
Property type
Office properties
Property subtype
Office buildings
APN
4330-027-025
APU
4330027025

Description

This exceptional three-story commercial building, located at 405 S. Beverly Drive in Beverly Hills, California (zip code 90212), presents a unique opportunity for businesses seeking a prime location. The entire 36,523 square foot building is currently vacant and available for lease. The property is classified as both retail and office space, specifically catering to executive office needs. Multiple tenancy options are available, with a minimum divisible space of 10,858 square feet and a maximum contiguous space of 14,774 square feet. This allows for flexibility to accommodate various business sizes and requirements. The building boasts ample parking, with a ratio of 2.0 spaces per 1,000 square feet. Situated in Los Angeles County, this property offers unparalleled access to Beverly Hills' vibrant business community and its luxurious amenities. The address, 405 S. Beverly Drive, places the building in a highly visible and desirable location. This full-building opportunity is perfect for a single large tenant or multiple smaller tenants seeking a prestigious address. The building's three stories provide ample space for various configurations and layouts. Don't miss this chance to establish your business in one of the most sought-after locations in Southern California.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,367,385
    6.5%
    $6,800,663
    7%
    $6,314,902
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,890,464
    Geo Method
    $4,894,718
  • Alternative Use

    Use
    Valuation
    Residential
    $8,432,822
    Hospitality
    $7,724,420
    Educational
    $6,426,626
    Medical
    $6,647,648
    Retail
    $9,996,975
405 Beverly Dr, Beverly Hills, California

Location Insight

City
Beverly Hills
County
Los Angeles
State
California
Latitude
34.0591
Longitude
-118.399
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
$309,543
$14,433,986
$11,193,703
$25,627,689
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].