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261 S Robertson Blvd
Beverly Hills, CA 90211
Robertson Office · Retail Property For Sale
Investment Highlights
- Ample land area to develop a new multi-family apartment building on the entire site.
- The property is located in an Opportunity Zone providing tax incentives and deferred capital gains if the proper amount of capital is invested.
- Located just north of the Northeast corner of Santa Monica Boulevard and Gower Street which is a signalized intersection.
- Demand for housing in Hollywood is very high, and apartment rents are strong within the sub-market.
- Approximately ½ mile from the 101 Freeway. Santa Monica Boulevard has approximately 55,000 cars per day.
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1960/2006
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.88
Lot Size
0.13 AC
Zoning
C3 - Zoning allows for retail, office, and certain medical (such as dental, medspa, and more) are allowed by right. Other medical uses may need CUP
Parking
15 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
49’ on S Robertson Blvd
Amenities
- Bus Line
- Signage
- Skylights
- Balcony
Property Taxes
| Parcel Number | 4333-009-012 | Improvements Assessment | $478,296 |
| Land Assessment | $3,963,096 | Total Assessment | $4,441,392 |
Property Taxes
Parcel Number
4333-009-012
Land Assessment
$3,963,096
Improvements Assessment
$478,296
Total Assessment
$4,441,392
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