401 Robertson Blvd, Beverly Hills, CA 90211
0.36 Acres of Commercial Land Offered at $8,200,000 USD in Beverly Hills, CA 90211
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
Asking Price $8,200,000
- Property Type
-
Land
Listing Contacts
T.C. Macker, CCIM
Verified Profile
Woody Cook
Verified Profile
- Property Info
Property Overview
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 location of this property is second to none. It is situated within the highly affluent Beverly Hills, while also being just a few blocks from the commercial center of the Pico-Robertson neighborhood. Shopping destinations The Grove, Beverly Center, and Rodeo Drive are just a few minutes away. The subject property has excellent visibility given it’s prime location on a signalized corner with a traffic volume of over 50,000. This is a rare opportunity to develop in the highly coveted neighborhood of Beverly Hills.
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 location of this property is second to none. It is situated within the highly affluent Beverly Hills, while also being just a few blocks from the commercial center of the Pico-Robertson neighborhood. Shopping destinations The Grove, Beverly Center, and Rodeo Drive are just a few minutes away. The subject property has excellent visibility given it’s prime location on a signalized corner with a traffic volume of over 50,000. This is a rare opportunity to develop in the highly coveted neighborhood of Beverly Hills.
Property Details
- Property Subtype
- Commercial
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