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INVESTMENT HIGHLIGHTS
- Covered land play with short-term lease-up potential
- Dual gated driveways with parking for 20 vehicles
- Flexible zoning for diverse redevelopment scenarios
- $1.75M in recent capital improvements including roof, HVAC, and storefront
- Strategically positioned near transit and Golden Triangle
EXECUTIVE SUMMARY
Lee & Associates, as exclusive advisor, is pleased to present 8925 W Olympic Blvd, a rare covered land offering in the heart of Beverly Hills. The offering includes a ±4,959 SF commercial building on a ±12,281 SF (0.28 acre) lot, recently upgraded with $1.75 million in capital improvements.
Delivered vacant and highly secure, the property includes two gated driveways and parking for up to 20 vehicles. Interior layouts support short-term lease-up or interim use while pursuing entitlements. The site’s shape, flat topography, and wide frontage are ideal for vertical development.
Extensive renovations include new roof, HVAC, glass storefront, updated fire/life safety, electrical, plumbing, a new grease interceptor, and modern interior finishes—providing substantial time and cost savings for an interim or adaptive reuse strategy.
Just south of the Golden Triangle and adjacent to the Purple Line Extension, the site offers high visibility and proximity to Cedars-Sinai, La Cienega’s medical corridor, and the broader Westside.
Zoned C-3T-2 with Beverly Hills Mixed-Use Overlay, the site supports various redevelopment scenarios—from luxury residential to boutique medical, parking structure, or office headquarters.
Portfolio Opportunity:
This property may be acquired individually or as part of a five-building assemblage along the coveted Olympic Boulevard corridor in Beverly Hills:
8844 W Olympic Blvd – ±5,864 SF building | ±11,997 SF lot | 27 parking stalls
9018–9020 W Olympic Blvd – ±5,000 SF building | ±6,000 SF lot | 6 parking stalls
9024 W Olympic Blvd – ±6,058 SF building | ±6,283 SF lot | 12 parking stalls
8925 W Olympic Blvd – ±4,959 SF building | ±12,281 SF lot | 20 parking stalls
8950 W Olympic Blvd (Beverly Hills Plaza) – ±30,056 SF building | ±30,566 SF lot | 91 parking stalls
Total Opportunity:
Total Building SF: ±52,937 SF
Total Land SF: ±67,127 SF (±1.54 acres)
Total Parking: 160 stalls
Delivered vacant and highly secure, the property includes two gated driveways and parking for up to 20 vehicles. Interior layouts support short-term lease-up or interim use while pursuing entitlements. The site’s shape, flat topography, and wide frontage are ideal for vertical development.
Extensive renovations include new roof, HVAC, glass storefront, updated fire/life safety, electrical, plumbing, a new grease interceptor, and modern interior finishes—providing substantial time and cost savings for an interim or adaptive reuse strategy.
Just south of the Golden Triangle and adjacent to the Purple Line Extension, the site offers high visibility and proximity to Cedars-Sinai, La Cienega’s medical corridor, and the broader Westside.
Zoned C-3T-2 with Beverly Hills Mixed-Use Overlay, the site supports various redevelopment scenarios—from luxury residential to boutique medical, parking structure, or office headquarters.
Portfolio Opportunity:
This property may be acquired individually or as part of a five-building assemblage along the coveted Olympic Boulevard corridor in Beverly Hills:
8844 W Olympic Blvd – ±5,864 SF building | ±11,997 SF lot | 27 parking stalls
9018–9020 W Olympic Blvd – ±5,000 SF building | ±6,000 SF lot | 6 parking stalls
9024 W Olympic Blvd – ±6,058 SF building | ±6,283 SF lot | 12 parking stalls
8925 W Olympic Blvd – ±4,959 SF building | ±12,281 SF lot | 20 parking stalls
8950 W Olympic Blvd (Beverly Hills Plaza) – ±30,056 SF building | ±30,566 SF lot | 91 parking stalls
Total Opportunity:
Total Building SF: ±52,937 SF
Total Land SF: ±67,127 SF (±1.54 acres)
Total Parking: 160 stalls
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,959 SF
Building Class
C
Year Built
1965
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.28 AC
Zoning
C-3T-2 - Resturant, retail, showroom, office
Parking
23 Spaces (4.64 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Storage Space
- Balcony
Walk Score®
Walker's Paradise (93)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4333-005-020 | Improvements Assessment | $356,184 CAD |
| Land Assessment | $4,444,317 CAD | Total Assessment | $4,800,501 CAD |
PROPERTY TAXES
Parcel Number
4333-005-020
Land Assessment
$4,444,317 CAD
Improvements Assessment
$356,184 CAD
Total Assessment
$4,800,501 CAD
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8925 W Olympic Blvd
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