9701 Wilshire BlvdBeverly Hills, CA 90212

Property Details for 9701 Wilshire Blvd

Year built

1973

Construction

CONCRETE

Lot size

0.54 AC

Property size (Sq ft)

110,741 SF

Zone code

BHC3*

Property type

Office properties

Property subtype

Office buildings

APN

4343-026-004

APU

4343026004

Description

This exceptional office building at 9701 Wilshire Boulevard in Los Angeles County offers a variety of flexible spaces for lease. The property totals 79,480 square feet and features five suites, with a minimum divisible space of 1,080 square feet and a maximum contiguous space of 8,586 square feet. Currently, there is 19,619 square feet of vacant space available, offering significant opportunities for businesses seeking immediate occupancy. The building allows for flexible leasing options, accommodating tenants needing as little as 1,080 square feet or up to the entire 19,619 square feet of vacant space. The rental rate is a competitive $4.50 per square foot per month. The lease term extends until March 31, 2029. Convenient parking is provided at a ratio of 2.5 spaces per 1,000 square feet. The building is equipped with elevators for easy access to all floors. This is an excellent opportunity to secure high-quality office space in a desirable Los Angeles location. The property is classified as a traditional office building and is ideal for a variety of businesses. Inquire today to learn more about leasing options and secure your ideal workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $31,471,094

  6.5%

  $29,050,242

  7%

  $26,975,224

• Comparable approach

  Method

  Valuation

  Relative Method

  $21,036,992

  Geo Method

  $21,058,508

• Alternative Use

  Use

  Valuation

  Residential

  $36,022,300

  Hospitality

  $32,996,232

  Educational

  $27,452,478

  Medical

  $28,396,610

  Retail

  $42,703,856

Location Insight

City

Beverly Hills

County

Los Angeles

State

California

Latitude

34.0674

Longitude

-118.407

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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