405 Beverly DrBeverly Hills, CA 90212

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 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.

• 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

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

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