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FAITS SAILLANTS DE L'INVESTISSEMENT
- Fully leased to three tenants including prominent anchor
- Option expiry in 2027 opens path for owner-user
- Zoned for medical use on second floor
- $350,000 annual base rent and parking income
- Creative interiors, updated systems, minimal deferred maintenance
RÉSUMÉ DE L'ANNONCE
Lee & Associates, as exclusive advisor, is pleased to present 8844 W Olympic Blvd, a meticulously maintained, fully leased office building in the heart of Beverly Hills. The ±5,864 SF two-story building sits on a ±5,998 SF parcel and includes an adjacent ±5,999 SF parking lot, totaling ±11,997 SF of land with on-site parking for 27 vehicles.
Fully leased to three tenants, the building is anchored by a media tenant occupying ±4,639 SF—roughly 79% of the rentable area—through January 2028, with a five-year extension option. Should a sale occur prior to February 2027, the extension option terminates, offering a path to occupancy for a buyer.
The building features modern systems, creative finishes, and minimal deferred maintenance. Interiors are bright and efficient—well suited for media, entertainment, or boutique office use.
Located between Robertson and Doheny, the property falls within the Beverly Hills Mixed-Use Overlay Zone, with medical use permitted by right on the second floor. The asset generates approximately $350,000 in scheduled base rent and parking income, with in-place average rents of $5.04/SF/month and a 2.05-year weighted average lease term.
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
Fully leased to three tenants, the building is anchored by a media tenant occupying ±4,639 SF—roughly 79% of the rentable area—through January 2028, with a five-year extension option. Should a sale occur prior to February 2027, the extension option terminates, offering a path to occupancy for a buyer.
The building features modern systems, creative finishes, and minimal deferred maintenance. Interiors are bright and efficient—well suited for media, entertainment, or boutique office use.
Located between Robertson and Doheny, the property falls within the Beverly Hills Mixed-Use Overlay Zone, with medical use permitted by right on the second floor. The asset generates approximately $350,000 in scheduled base rent and parking income, with in-place average rents of $5.04/SF/month and a 2.05-year weighted average lease term.
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
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Taille du bâtiment
5 864 pi²
Classe d’immeuble
C
Année de construction
1948
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Superficie de plancher typique
2 932 pi²
Coefficient d’occupation des sols de l’immeuble
1,00
Taille du lot
0,13 AC
Zonage
C-3T-2 - Commerce de détail, salle d'exposition, bureau. Utilisations médicales autorisées de plein droit uniquement au deuxième étage.
Stationnement
27 places (4,6 places par 1 000 pi² loué)
COMMODITÉS
- Accès contrôlé
- Terrain clôturé
- Système de sécurité
- Affichage
- Puits de lumière
- Réception
- Climatisation
- Internet par fibre optique
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Walk Score®
Un paradis pour un marcheur (93)
Impôts fonciers
| Numéro de lot | 4332-012-001 | Évaluation des bâtiments | 2 257 157 $ CAD |
| Évaluation du terrain | 10 150 019 $ CAD | Évaluation totale | 12 407 177 $ CAD |
Impôts fonciers
Numéro de lot
4332-012-001
Évaluation du terrain
10 150 019 $ CAD
Évaluation des bâtiments
2 257 157 $ CAD
Évaluation totale
12 407 177 $ CAD
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8844 Olympic Blvd
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