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8383 Wilshire Blvd Beverly Hills, CA 90211

Office buildings Google Maps
426,106 SF 2.34 ac lot Built 1970
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
8383 Wilshire Blvd, Beverly Hills, CA 90211 For Lease
Contact for pricing
8383 Wilshire Blvd, Beverly Hills, CA 90211
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Estimated value (blended)
$510k
Range $459k – $561k (±10%)
Property ID US09-9537608

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1970
Total area 426,106 SF
Lot 2.34 ac (102,023 SF)
Zoning code BHC3*
APN 4334-022-081
UPID US09-9537608

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Hardware & Home Improvement HVAC Service
  • Brewery & Distillery Big Box & Wholesale Store
  • Landscaping General Contractor
  • Wedding Service Event Planning

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k

Owner & transaction history

since 2008
7 recorded transactions
2020
Price N/A
2017
Price N/A
2013
Price N/A
2008
$206.8M
1997
Price N/A
1991
Price N/A
1969
Price N/A

Zoning & alternative use

BHC3* · Beverly Hills, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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