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357 N Beverly Dr
Beverly Hills, CA 90210
357 N Beverly Drive · Retail Property For Sale
Investment Highlights
- Delivered Free and Clear of Debt Ability to Buy All Cash or Obtain Financing at Today’s Attractive Terms
- Close Proximity to the Highly Anticipate MTA Purple Line Light Rail Station at Wilshire/Rodeo
- Net Operating Income From the Building is $1,399,956
- Separate Exterior Entrances to Access 1st Floor, 2nd Floor, and Basement – Allows for Subdividing the Space for Separate Tenants in Future
- Located Just One Block from the World Renown Rodeo Drive – The 2nd Highest Retail Rent District in the Americas at ±$875/sf (Business Insider)
- Pride of Ownership High Street Retail Property Situated on Internationally Acclaimed North Beverly Drive
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
14,144 SF
Building Class
A
LoopNet Rating
5 Star
Year Built
1931
Tenancy
Single
Building Height
3 Stories
Building FAR
1.80
Lot Size
0.18 AC
Zoning
C3
Parking
10 Spaces (0.71 Spaces per 1,000 SF Leased)
Frontage
51’ on N Beverly Dr
Amenities
- Signage
About 357 N BEVERLY DR , BEVERLY HILLS, CA 90210
CBRE, Inc. as an exclusive advisor, is pleased to present the opportunity to acquire 357 N Beverly Drive, which is located in one of the most prestigious and luxurious retail areas in the world, the Beverly Hills Golden Triangle. The rents are significantly below-market for the area, where a retail tenant on this street can expect to be paying on average around $16.00 PSF. The Property offers an investor the rare opportunity to acquire a high street location in the heart of one of the most desirable retail shopping areas in the world.
Property Taxes
| Parcel Number | 4343-015-021 | Improvements Assessment | $11,444,400 |
| Land Assessment | $33,292,800 | Total Assessment | $44,737,200 |
Property Taxes
Parcel Number
4343-015-021
Land Assessment
$33,292,800
Improvements Assessment
$11,444,400
Total Assessment
$44,737,200
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