8730 Wilshire BlvdBeverly Hills, CA 90211

  • Office buildings
  • 41,610 SF
For Lease
$3.95/SF/YR View listing

Property Details for 8730 Wilshire Blvd

Year built
1962
Lot size
0.27 AC
Property size (Sq ft)
41,610 SF
Zone code
BHC3*
Property type
Office buildings
APN
4333-017-006
APU
4333017006

Description

This stunning six-story, 37,000 square foot building offers multiple executive and medical office suites in the heart of Beverly Hills, at 8730 Wilshire Boulevard, zip code 90211. Located just one block east of Robertson Boulevard, this prime location provides unparalleled access to the Beverly Center and the vibrant "Triangle" area. The building boasts recently renovated common areas, creating a sophisticated and welcoming atmosphere for tenants. Four suites are currently available, ranging from a minimum of 1,041 square feet to a maximum contiguous space of 1,351 square feet. The building offers a total of four suites, with 4,626 square feet currently vacant. This presents a unique opportunity for businesses seeking flexible and modern office space in a highly desirable location. The building provides ample parking with a ratio of 2.5 spaces per 1,000 square feet. Los Angeles County location ensures easy access to major transportation arteries and a wealth of amenities. This property is ideal for businesses seeking a prestigious address and a convenient location in the heart of Beverly Hills. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,056,075
    6.5%
    $11,128,684
    7%
    $10,333,778
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,912,558
    Geo Method
    $7,912,558
  • Alternative Use

    Use
    Valuation
    Residential
    $13,799,569
    Hospitality
    $12,640,331
    Educational
    $10,516,607
    Medical
    $10,878,289
    Retail
    $16,359,166

Location Insight

City
Beverly Hills
County
Los Angeles
State
California
Latitude
34.0664
Longitude
-118.382
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
$39,375
$1,132,555
$1,880,060
$3,012,615
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FAQs

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