FOR SALE A+ BEVERLY HILLS DEVELOPMENT OPPORTUNITY
WILSHIRE BLVD BEVERLY HILTON THE LOS ANGELES COUNTRY CLUB
CENTURY CITY
m
mr s
commercial real estate services
WILSHIRE AND SANTA MONICA
VD L B CA
O NI M TA SAN
BEVERLY HILLS HIGH SCHOOL
PROPERTY (36,000 sq ft)
FOR SALE A+ BEVERLY HILLS DEVELOPMENT OPPORTUNITY Asking Price: Address: Property Type: APN: Land Area: Zoning: FAR: Height Limit:
Submit 9900, 9908, 9916, 9918, 9920 S Santa Monica Blvd, Beverly Hills, CA 90212 Land (currently empty) 4328-002-010, 4328-002-011, 4328-002-012, 4328-002-013, 4328-002-034 Approximately 35,997 SF Commercial (C-3A) - 100% commercial 2.0 (±72,000 SF) 45 feet or 3 stories
Property Highlights: • A+ location for a retail project • A jewel in the hearth of the Beverly Hills buzz • Within walking distance to Beverly Hilton, Rodeo Drive, The Los Angeles Country Club, Century City • In the middle of two future Purple Line Subway Extension stations
SUBJECT
Lease Information: • The current owner of all five parcels is Sunnyside Holdings, LLC • The total taxable land value is $20,013,420 Parking:
1 space per 350 square feet of floor area Excellent non-compact soil for easy and inexpensive subterranean parking There is no co-operating broker fee available. Please look to your buyer for compensation
Brokers:
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mr s
commercial real estate services
The site is located in the southwestern section of Los Angeles County/Los Angeles Metropolitan area. More specifically, the site is located in the southwestern corner of the City of Beverly Hills. Even more specifically, the site is located at the corner of South Santa Monica Blvd. and Charleville Rd. It is part of census tract 7010. Westwood lies to the west; the single family residential section of Beverly Hills, followed by Sunset Blvd and the Hollywood Hills lie to the north; the City of West Hollywood is located to the northeast; Park La Brea and then Hancock Park are located to the east; Miracle Mile lies to the southeast; and Century City is located to the southwest of the site.
REGIONAL LOCATION
SURROUNDING AREA
FOR SALE A+ BEVERLY HILLS DEVELOPMENT OPPORTUNITY PARCEL MAP The proposed development site is comprised of five distinct land parcels, located on six lots (740-745). Four parcels average 6,000 square feet, while the fifth measures approximately 12,000 square feet. The site measures a total of 35,997 square feet The following public realm elements can be found adjacent to the site: Seven trees along the sidewalk: Two are 1-15 feet tall Ornamental Pears (Pyrus calleryana) on Charleville Blvd., and five are 16-30 feet tall Indian Laurel Fig (Ficus microcarpa 'Nitida') on Santa Monica Blvd. One fire hydrant at the corner of Charleville Blvd. and the back alley Three street light poles along the Santa Monica Blvd. sidewalk Two sets of sewer lines: one located along Santa Monica Blvd. and the other along the back alley. Both were built in 1976. The site is directed to use the latter, which is of size 6 and pressure 4. Storm drain along Charleville Blvd.
m
mr s
commercial real estate services