8800 Burton Way - Apartments FOR SALE


Beverly Hills, CA 90211
$11,495,000 USD
310-600-8209
8800 Burton Way, Beverly Hills, CA for Sale
$11,495,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

8800 Burton Way
Beverly Hills, CA 90211


HIGHLIGHTS

  • Prime Beverly Hills Location!
  • Corner Property - Southwest Corner - Burtown Way & Robertson Boulevard
  • Approved for (24) Luxury Apartment Units Mixed-Used Project
  • Will be Delivered with RTI Permits
  • Unique and Rare Opportunity
  • Near Cedars-Sinai Medical Center, Beverly Hills Unified Schools, Beverly Center,Robertson Shopping, Restaurants and many more attractions

OVERVIEW

We are pleased to present a unique and rare opportunity to acquire The Burton Beverly Hills a 24-Unit luxury mixed-use development project located at 8800 Burton Way in prestigious Beverly Hills, CA. The Burton Beverly Hills is located in the southwest corner of Burton Way and Robertson Blvd., most desirable demanded location in highly prestigious Beverly Hills. This project has been approved with the city of Beverly Hills for 24-Luxury apartment units and commercial space. Property will be delivered with Ready-To-Issue (RTI) permits. The Burton Beverly Hills would be a six-story building construction consist of 32, 604 SF. residential space and 2, 261 SF. commercial space. The project features a diverse unit mix, including (1) three-bedroom, three 1/2 baths penthouse unit, (18) two bedroom, two 1/2 baths, and (5) studio, one 1/2 baths. Residents will enjoy 42 parking spaces on two subterranean levels and premium amenities. This generational legacy asset is located in a vibrant area, with nearby amenities including restaurants, shops, supermarkets, Beverly Hills Unified Schools, Beverly Hills City Hall, Melrose/Robertson, Cedars-Sinai Medical Center, Beverly Center and many more attractions. Don't' miss this opportunity to bring this luxury premium multifamily mixed-use project in the most sought location of Beverly Hills. Developer's and investors, with Ready-to-Issue (RTI) permits makes this project even more attractive!!! *** For a full marketing Offering Memorandum, please contact Listing Agent ***

FOR SALE DETAILS

PRICE

$11,495,000 USD

PRICE/SF

$330 USD /SF

# OF UNITS

24

PRICE/UNIT

$478,958

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Burton Beverly Hills

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

11,104 SF

ZONING

BHC3YY

APN/PARCEL ID

4334-015-047

ASK ABOUT THIS PROPERTY

Iman EshaghyanColdwell Banker Commercial RealtyMore Info
310-600-8209

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Iman EshaghyanColdwell Banker Commercial RealtyMore Info
310-600-8209

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.