8383 Wilshire BlvdBeverly Hills, CA 90211

Property Details for 8383 Wilshire Blvd

Year built

1970

Lot size

2.34 AC

Property size (Sq ft)

426,106 SF

Zone code

BHC3*

Property type

Office properties

Property subtype

Office buildings

APN

4334-022-081

APU

4334022081

Description

This exceptional offering presents five executive office suites for lease in the heart of Beverly Hills, California. Located at 8383 Wilshire Boulevard, this prime location boasts unparalleled visibility and accessibility, situated near the intersection of Wilshire and San Vicente Boulevards. The available spaces range in size from a compact 150 square feet to a more substantial 1,000 square feet, catering to a variety of business needs and team sizes. The building offers a prestigious address ideal for businesses seeking to establish a strong presence in this coveted area. Each suite is designed for optimal functionality and efficiency, providing a professional and productive work environment. The multiple tenancy structure allows for flexibility and scalability, accommodating businesses of varying sizes and growth trajectories. This is an exceptional opportunity to secure high-quality office space in one of the most desirable business districts in Los Angeles. The 90211 zip code offers unparalleled access to a wealth of amenities, including upscale dining, luxury shopping, and convenient transportation links. Interested parties are encouraged to inquire about lease terms and availability. The property is situated at 34.0650874 latitude and -118.3733464 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $123,459,888

  6.5%

  $113,962,968

  7%

  $105,822,760

• Comparable approach

  Method

  Valuation

  Relative Method

  $81,028,320

  Geo Method

  $81,028,320

• Alternative Use

  Use

  Valuation

  Residential

  $141,314,080

  Hospitality

  $129,442,944

  Educational

  $107,695,008

  Medical

  $111,398,800

  Retail

  $167,525,568

Location Insight

City

Beverly Hills

County

Los Angeles

State

California

Latitude

34.065

Longitude

-118.373

CBSA code

31080

CBSA name

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

Property Tax & Assessments

FAQs

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