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Executive Summary

WESTMAC Commercial Brokerage Company is pleased to present the opportunity to acquire 401 S Robertson Boulevard, an extraordinary development opportunity in Beverly Hills, on the corner of S Robertson and W Olympic.
The subject property is comprised of developable land totaling ±15,836 SF along the western side of S Robertson Boulevard, just south of W Olympic Boulevard. The offering is zoned BHC-3 with Mixed Use Overlay. Potential multifamily developers are able to build 29 units (1/550SF of land) with C-3 use on the ground floor. If state density bonus is applied, the number of units, FAR, and Height may be increased. Max units vary by low income/affordable units included and must be reviewed by Beverly Hills. Additionally, medical use is allowed on the second floor and above.

Property Facts In Escrow

Price $9,730,327 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Parking Lot
Total Lot Size 0.36 AC
Zoning BHC3 - BHC3 with Mixed Use Overlay

1 Lot Available

Lot

Price $9,730,327 CAD
Price Per AC $26,765,124.43 CAD
Lot Size 0.36 AC
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
4332-013-032
Land Assessment
$7,130,060 CAD
Improvements Assessment
$51,049 CAD
Total Assessment
$7,181,109 CAD
  • Listing ID: 33970219

  • Date on Market: 2024-11-22

  • Last Updated:

  • Address: 401 S Robertson Blvd, Beverly Hills, CA 90211

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