315 Beverly DrBeverly Hills, CA 90212

Property Details for 315 Beverly Dr

Year built

1961

Lot size

0.64 AC

Property size (Sq ft)

66,644 SF

Zone code

BHC3*

Property type

Office properties

Property subtype

Office buildings

APN

4328-035-031

APU

4328035031

Description

This exceptional retail space, located at 315 S. Beverly Drive in the heart of Beverly Hills, California (zip code 90212), offers a total of 2,400 square feet of commercial space currently available for lease. The property is classified as a retail space with multiple tenancy options, presenting a unique opportunity for businesses seeking a high-profile location in a prestigious area. The entire 2,400 square feet is currently vacant, providing a blank canvas for a prospective tenant to customize the space to their specific needs. Situated in Los Angeles County, this property benefits from excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The address, 315 S. Beverly Drive, places the property in a vibrant and affluent neighborhood known for its high foot traffic and upscale clientele. This presents a significant advantage for businesses seeking to establish a strong presence in a desirable market. The property's location offers unparalleled exposure and the potential to attract a significant customer base. Interested parties are encouraged to inquire further to explore the possibilities of leasing this prime retail space. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $19,074,422

  6.5%

  $17,607,160

  7%

  $16,349,505

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,661,982

  Geo Method

  $12,673,023

• Alternative Use

  Use

  Valuation

  Residential

  $21,832,878

  Hospitality

  $19,998,798

  Educational

  $16,638,766

  Medical

  $17,210,998

  Retail

  $25,882,524

Location Insight

City

Beverly Hills

County

Los Angeles

State

California

Latitude

34.0618

Longitude

-118.399

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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