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Property profile & analytics
OFF-MARKET
Estimated value
$13,310,000
Office buildings
8840 Olympic Blvd Beverly Hills, CA 90211-3615
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7171103
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1951
Total area
6,981 SF
Lot
0.28 ac (12,279 SF)
Zoning code
BHC3YY
APN
4332-012-002
UPID
US09-7171103
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
-
Babage Gym & Fitness Center
-
Stanwood Smith Lawyers Law Firm
-
Kenneth Michaels Hair Salon
-
Umberto Olympic Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.43M
Blend (final)
Blend
$13.31M
Owner & transaction history
8840 West Olympic LLC · 3 yrs held
8840 West Olympic LLC
since 2023
Last sale
$14.5M
7 recorded transactions
Zoning & alternative use
BHC3YY · Beverly Hills, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$15,500,000
ML approach
$9,620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$13.31M
Range $11.98M – $14.64M · ±10% · vs last sale $14.50M (Jan 23 2023)
Last sale anchor
$14.50M
Jan 23 2023
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
$1,907 / 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
$178,246
Tax year 2024
Assessed value
$14,790,000
Assessed 2024
Previous assessed
$14,790,000
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$12,240,000
Assessed improvement
$2,550,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1951
Heating
NONE
Stories
1
Total area
6,981 SF
Lot
0.28 ac (12,279 SF)
Zoning code
BHC3YY
APN
4332-012-002
UPID
US09-7171103
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BHC3YY · Beverly Hills, CA
Zoning BHC3YY · permitted uses
BHC3YY · 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.
Building & site characteristics
From public records
Year built
1951
Heating
NONE
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
8840 West Olympic LLC
Entity
Mailing address
10811 WASHINGTON BLVD STE #400, CULVER CITY, CA 90232-3652
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2025
—
8840 West Olympic LLC
—
Deed
related
$5,500,000 · Power Pacific Lending LLC
Jan 23, 2023
$14,500,000
8840 West Olympic LLC
8840 West LLC
Grant Deed
—
Sep 10, 2019
—
8840 West Llg
1236 Lago Vista
Quit Claim Deed
$16,000,000 · Bank Of America
Jun 28, 2013
$4,000,000
1236 Lago Vista LLC
Black S & J Family Trust
Grant Deed
$1,300,000 · Beja Judith Trust (rt)
Sep 16, 2011
—
Black Stanley & J Fam Trust
Black,stanley & Joyce
Quit Claim Deed
related
—
Apr 28, 2004
—
Stanley Black
Beverly Hills Courier INC
Grant Deed
related
—
Apr 24, 1970
—
—
—
Grant Deed
related
—
—
—
1236 Lago Vista LLC
—
Deed Of Trust
related
$2,500,000 · Manufacturers Bank
—
—
Beverly Hills Courier INC
—
Deed Of Trust
related
$18,100 · Us Small Business Admn
—
—
Beverly Hills Courier INC
—
Deed Of Trust
related
$400,000 · Pacific Crest Inv & Loan
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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