8633 Wilshire Boulevard | Beverly Hills, CA 90211
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- LoopNet Team
8633 Wilshire Boulevard
Beverly Hills, CA 90211
8633 Wilshire Blvd · Land For Sale
·
0.29 AC
INVESTMENT HIGHLIGHTS
- Exceptionally rare opportunity for redevelopment in Beverly Hills
- Current improvements delivered vacant
- Close proximity to public transportation allowing for multifamily AB 1287 density bonus
- Fully entitled office development with medical use possible on 2nd & 3rd Floors
- NO “Mansion Tax” in City of Beverly Hills
- Walk Score of 92 out of 100: a “Walker’s Paradise”
PROPERTY FACTS
DESCRIPTION
Situated in one of the most desirable cities across the globe, the Property is fully entitled to build a 43,560-square-foot, Class A, four-story office/medical building. Alternatively, the BHC3 mixed-use commercial zoning allows for the re-entitlement and development of up to ±35 residential units with ±3,700 SF of commercial space.
PROPERTY TAXES
| Parcel Number | 4334-014-042 | Improvements Assessment | $10,824 |
| Land Assessment | $17,308,089 | Total Assessment | $17,318,913 |
PROPERTY TAXES
Parcel Number
4334-014-042
Land Assessment
$17,308,089
Improvements Assessment
$10,824
Total Assessment
$17,318,913
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