Property Details
Executive Summary
DOWNLOAD OFFERING MEMORANDUM
The Neema Group of Marcus and Millichap is proud to present 1100 S Beverly Drive, an office investment opportunity located in the highly sought-after Beverly Hills neighborhood of Los Angeles. The subject property consists of 10 office units with the majority
being rented at below market value, proving an opportunity for an investor to capture over 55% rental upside through renovations and lease-up. Additionally, there is dedicated parking space in the rear of the building.
The subject property is centrally located within the heart of Beverly Hills with a Beverly Drive address anchored by Olympic Blvd to the north and Pico Blvd to the south. A high walk score of 92 with close proximity to restaurants, cafes, shopping, and services as well Rodeo Drive, Century City Plaza, and Beverly Centre.
The subject property is being sold by way of Receivership. The sale will be subject to a court confirmation overbid hearing. Please contact the agents for additional details.
Area Overview
Beverly Hills draws the world’s most sophisticated artists, A-list movie stars, philanthropists and cultural institutions. Rodeo Drive’s three iconic, palm-dotted blocks are home to more than 100 of the world’s leading luxury brands with deep connections to art and culture, housed in buildings designed by the most distinguished names in international design and architecture.
Renowned for more than half a century as one of the world’s most glamorous luxury destinations, Rodeo Drive and is an international hub for fashion, shopping and entertainment. Enjoy unparalleled shopping, acclaimed full-service and boutique hotel accommodations, superb dining, art and cultural destinations, buildings designed by architectural legends including Peter Marino, Frank Lloyd Wright, and Rem Koolhaas, spas and salons, and exceptional walkability.
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