Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8900 Wilshire Blvd Beverly Hills, CA 90211-1958
    Back to Search
    Property profile & analytics

    8900 Wilshire Blvd, Beverly Hills, CA 90211-1958

    View on Map
    • Office buildings
    • 33,538 SF
    • 0.36 lot acres
    Off-Market
    Last Sale May 31, 2022
    $2,000,000
    Property ID
    US09-7642519
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,830,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Los Angeles Skin Cancer Institute / Medical Clinic / Skin Care Clinic
    • Dr. Peter Gabor / Physician
    • Kristin Dittmar, MD - Beverly Hills Cancer Center / Physician / Medical Clinic
    • Optima Diagnostic Imaging / Medical Clinic
    • Elliot Epner, MD PHD - Beverly Hills Cancer Center / Physician

    Property Details for 8900 Wilshire Blvd

    Year built
    1986
    Construction
    STEEL FRAME
    Lot size
    0.36 lot acres
    Zone code
    BHC3YY
    Property type
    Office buildings
    APN
    4333-001-051
    APU
    4333001051

    Description

    This exceptional medical office building, located at 8900 Wilshire Boulevard in Beverly Hills, California, presents a rare opportunity. The property, built in 1986, offers a total of 33,663 square feet across three stories, with ample parking (4 spaces per 1,000 square feet). Currently, there are two contiguous spaces available for lease, ranging from a minimum of 2,000 square feet to a maximum of 6,104 contiguous square feet. A total of 8,104 square feet is currently vacant. The building is ideally suited for medical practices, featuring efficient floor plans designed to accommodate various needs. Each space includes a mix of perimeter offices/exam rooms and interior offices/consultation rooms, along with private restrooms. This is a turn-key solution, perfect for medical practitioners seeking to establish or expand their practice in the prestigious Beverly Hills area with minimal initial investment. The property is situated in Los Angeles County, zip code 90211, and offers a highly desirable location for medical professionals. This is a multi-tenant building, providing a collaborative and professional environment. The building's location on Wilshire Boulevard provides excellent visibility and accessibility.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,760,000
      ML approach
      $1,565,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Beverly Hills
    County
    Los Angeles
    State
    California
    Longitude
    -118.386
    Latitude
    34.0667
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $244,058
    $8,212,202
    $11,907,430
    $20,119,632
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,025,000
      8,400 SF

      8845 Olympic Blvd

      OFFICE BUILDING
      8845 Olympic Blvd, Beverly Hills, CA 90211-3605
      View Details
    • Value Estimation by Request
      2,205 SF

      8912 Olympic Blvd

      OFFICE BUILDING
      8912 Olympic Blvd, Beverly Hills, CA 90211-3514
      View Details
    • Value Estimation
      $755,000
      3,969 SF

      8545 Wilshire Blvd

      OFFICE BUILDING
      8545 Wilshire Blvd, Beverly Hills, CA 90211-3104
      View Details
    • Value Estimation
      $14,470,000
      81,762 SF

      8942 Wilshire Blvd

      OFFICE BUILDING (MULTI-STORY)
      8942 Wilshire Blvd, Beverly Hills, CA 90211-1908
      View Details
    • Value Estimation
      $8,360,000
      56,816 SF

      8641 Wilshire Blvd

      OFFICE BUILDING (MULTI-STORY)
      8641 Wilshire Blvd, Beverly Hills, CA 90211-2900
      View Details
    • Value Estimation
      $610,000
      2,990 SF

      251 Robertson Blvd

      OFFICE BUILDING
      251 Robertson Blvd, Beverly Hills, CA 90211-2830
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Fully Leased Beverly Hills Office

      100% leased office building in Beverly Hills.
      8670 Wilshire Blvd, Beverly Hills, CA 90211
      View Details
    • $3,845,000
      5,840 SF

      Repositioned Multifamily Asset in Beverly Hills

      Fully repositioned 8-unit multifamily asset in prime Beverly Hills location.
      144 N Clark Dr, Beverly Hills, CA 90211
      View Details
    • Contact for pricing
      15,836 SF

      Beverly Hills Land Opportunity

      Land available in Beverly Hills with C-3 zoning.
      401 S Robertson Blvd, Beverly Hills, CA 90211
      View Details
    • New
      $8,500,000
      0.24 Acres

      Entitled Development Opportunity in Beverly Hills

      High-density development opportunity in prime Beverly Hills location.
      214 S Hamilton Dr, Beverly Hills, CA 90211
      View Details
    • Contact for pricing

      Beverly Hills Multifamily Investment Opportunity

      Spacious 6-unit multifamily residence in prime Beverly Hills location.
      150 Clark Dr, Beverly Hills, CA 90211
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Renovated Beverly Hills Sublease

      Stand-alone, fully renovated building available for sublease in Beverly Hills.
      212 S Gale Dr, Beverly Hills, CA 90211
      View Details
    • Contact for pricing

      Beverly Hills Boutique Office Building

      Two-story garden-style office building in prime Beverly Hills location.
      9024 W Olympic Blvd, Beverly Hills, CA 90211
      View Details
    • Contact for pricing

      Beverly Hills Medical/Office Building

      Full building available for lease in Beverly Hills.
      8840 Wilshire Blvd, Beverly Hills, CA 90211
      View Details
    • Contact for pricing
      33,844 SF

      Beverly Hills Prime Office Space

      Prestigious Beverly Hills office building with flexible suite sizes.
      8840 Wilshire Blvd, Beverly Hills, CA 90211
      View Details
    • Contact for pricing

      Beverly Hills Office Building

      100% leased office building in Beverly Hills.
      201-225 N Robertson Blvd, Beverly Hills, CA 90211
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8900 Wilshire Blvd
    Beverly Hills, CA 90211-1958
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8900 Wilshire Blvd, Beverly Hills, CA, 90211
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!