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Property profile & analytics
OFF-MARKET
Estimated value
$2,960,000
Retail space
8620 Wilshire Blvd Beverly Hills, CA 90211-3006
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8095638
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1951
Construction
TILT-UP CONCRETE
Total area
4,076 SF
Lot
0.12 ac (5,060 SF)
Zoning code
BHC3*
APN
4333-018-035
UPID
US09-8095638
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
SheRise Enterprise Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.93M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.51M
Blend (final)
Blend
$2.96M
Owner & transaction history
8620 Wilshire Realty LLC · 5 yrs held
8620 Wilshire Realty LLC
since 2021
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
BHC3* · Beverly Hills, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.5M
+58.8%
Auto repair, garage
$1.9M
+20.7%
Medical building
$1.9M
+18.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Beverly Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beverly Hills submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,970,000
ML approach
$2,925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,480,000
Change: +59% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,885,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$1,855,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$2.96M
Range $2.66M – $3.26M · ±10% · vs last sale $2.98M (Jul 12 2021)
Last sale anchor
$2.98M
Jul 12 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$726 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$37,569
Tax year 2024
Assessed value
$3,095,190
Assessed 2024
Previous assessed
$3,095,190
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$2,991,150
Assessed improvement
$104,040
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1951
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
4,076 SF
Lot
0.12 ac (5,060 SF)
Zoning code
BHC3*
APN
4333-018-035
UPID
US09-8095638
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BHC3* · Beverly Hills, CA
Zoning BHC3* · permitted uses
BHC3* · Beverly Hills, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beverly Hills. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1951
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
8620 Wilshire Realty LLC
Entity
Mailing address
206 FOOTHILL RD, BEVERLY HILLS, CA 90210-4921
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
25 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2023
—
8620 Wilshire Realty LLC
—
Deed
related
$2,500,000 · Mechanics Bank
Jul 12, 2021
$2,975,000
8620 Wilshire Realty LLC
8620 Wilshire Blvd LLC
Grant Deed
—
Apr 29, 2019
—
8620 Wilshire Blvd LLC
—
Loan Modification
related
$8,000,000 · Preferred Bk
Oct 25, 2011
—
8620 Wilshire Blvd LLC
Robhana Investments LLC
Quit Claim Deed
related
$1,032,000 · Evergreen International Bank
Aug 24, 2011
—
Robhana Investments LLC
Robhana INC
Quit Claim Deed
related
—
Feb 10, 2011
—
Robhana INC
—
Deed Of Trust
related
$3,000,000 · Preferred Bank
Aug 17, 2010
$1,286,871
Robhana INC
Refs INC
Trustees Deed
related
—
Sep 28, 2006
—
Bh Wilshire LLC
Azoulay,gabriel
Quit Claim Deed
related
$2,100,000 · Bank Of America
Jul 14, 2005
—
Gabriel Azoulay
Bh Wilshire LLC
Quit Claim Deed
related
$200,000 · Yonathan Abenaim
May 12, 2005
—
B H Wilshire LLC
Azoulay,gabriel
Quit Claim Deed
related
$1,570,000 · Zions First National Bank
May 2, 2003
—
Gabriel Azoulay
—
Trustees Deed
related
$600,000 · Merchants Bank Of California
Jun 28, 2002
$860,000
Gabriel Azoulay
Legmann,gabriel & Zipora
Grant Deed
related
$890,000 · Cit Small Business Lending Co
May 15, 1992
—
Legmann Gabriel
—
Deed Of Trust
related
—
—
—
Gabriel Azoulay
—
Deed Of Trust
related
$200,000 · Merchants Bank Of California
—
—
Gabriel Legmann
—
Deed Of Trust
related
$126,000 · Highland Federal Bank
—
—
Gabriel Legmann
—
Deed Of Trust
related
$525,000 · Coast Federal Bank
—
—
Gabriel Azoulay
—
Deed Of Trust
related
$200,000 · Israeli Trust
—
—
Gabriel Azoulay
—
Deed Of Trust
related
$150,000 · Yonathan Abenaim
—
—
Gabriel Azoulay
—
Deed Of Trust
related
$200,000 · Merchants Bank Of California
—
—
Bh Wilshire LLC
—
Deed Of Trust
related
$42,500 · Karine V Kaplan
—
—
Bh Wilshire LLC
—
Deed Of Trust
related
$300,000 · Merchants Bank Of California
—
—
Gabriel Legmann
—
Deed Of Trust
related
$130,000 · Professional Collection Consul
—
—
B H Wilshire LLC
—
Deed Of Trust
related
$300,000 · Merchants Bank Of California
—
—
Gabriel Legmann
—
Deed Of Trust
related
$95,000 · Legmann Mary&
—
—
Gabriel Legmann
—
Deed Of Trust
related
$100,000 · Klein Norman&
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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