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401 S Robertson Blvd 0.36 Acres of Commercial Land Offered at $7,125,000 in Beverly Hills, CA 90211
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.
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
1 Lot Available
Lot
| Price | $7,125,000 | Lot Size | 0.36 AC |
| Price Per AC | $19,598,674.17 |
| Price | $7,125,000 |
| Price Per AC | $19,598,674.17 |
| Lot Size | 0.36 AC |
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4332-013-032 | Improvements Assessment | $36,883 |
| Land Assessment | $5,151,517 | Total Assessment | $5,188,400 |
Property Taxes
Parcel Number
4332-013-032
Land Assessment
$5,151,517
Improvements Assessment
$36,883
Total Assessment
$5,188,400
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401 S Robertson Blvd
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