9699 Wilshire Blvd, Beverly Hills, CA 90212-2327
- Retail space
- 2,991 SF
- 0.07 lot acres
Current Use by Public Records
- 1st Century Bank / Loan Service
Property Details for 9699 Wilshire Blvd
- Year built
- 1934
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.07 lot acres
- Zone code
- BHC3*
- Property type
- Retail space
- APN
- 4343-025-001
- APU
- 4343025001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 12, 2022 | — | Sundarampillai Jeyanandarajan | Padmini Jeyanandarajan | Affidavit Death Of Trustee/successor Trustee · related | — |
| Aug 28, 2013 | — | Khali,maha Trust | Jeyanandarajan,padmini | Quit Claim Deed · related | — |
| May 10, 2012 | — | Sundarampillai Jeyanandarajan | Murugan Family Ptshp | Grant Deed | — |
| Aug 25, 1992 | — | Murugan Family Partnership | — | Deed Of Trust · related | — |
| May 2, 1990 | $2,300,000 | Jeyanandarajan S | First Exchange C | Trustees Deed | $990k · Bank Of America |
Description
This exceptional 2,000-square-foot retail space is ideally situated at 9699 Wilshire Boulevard in the heart of Beverly Hills, California, zip code 90212. Located in Los Angeles County, this single-tenant property presents a unique opportunity for businesses seeking a high-visibility location within a prestigious area. The entire space is currently vacant, offering immediate occupancy for a prospective tenant. The property's classification is retail commercial, making it suitable for a wide range of businesses. Its prime location on Wilshire Boulevard ensures high foot traffic and excellent brand exposure. The address is 9699 Wilshire Blvd, Beverly Hills, CA 90212, with precise coordinates at latitude 34.0672653 and longitude -118.4055828. This property is perfect for businesses looking to establish or expand their presence in one of the most desirable retail markets in the country. The 2,000 square feet provide ample space for a variety of retail concepts, offering flexibility in design and layout. The property's single-tenant occupancy ensures exclusive use and control of the space. This is a rare opportunity to secure a prominent retail location in Beverly Hills. Serious inquiries are encouraged to explore this exceptional offering.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,105,000
- 6.5%
- $1,020,000
- 7%
- $945,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,145,000 Current use
- AUTO REPAIR, GARAGE
- $1,385,000 Change: +21% Conversion: Difficult
- MEDICAL BUILDING
- $1,360,000 Change: +19% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $925,000 Change: -19% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Beverly Hills
- County
- Los Angeles
- State
- California
- Longitude
- -118.406
- Latitude
- 34.0673
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
