8844 Olympic Blvd, Beverly Hills, CA for Sale
Office - FOR SALE
1/5
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NEW


8844 Olympic Blvd
Beverly Hills, CA 90211


HIGHLIGHTS

  • Fully leased to three tenants including prominent anchor
  • $350,000 annual base rent and parking income
  • Option expiry in 2027 opens path for owner-user
  • Creative interiors, updated systems, minimal deferred maintenance
  • Zoned for medical use on second floor

OVERVIEW

Lee & Associates, as exclusive advisor, is pleased to present 8844 W Olympic Blvd, a meticulously maintained, fully leased office building in the heart of Beverly Hills. The ±5,864 SF two-story building sits on a ±5,998 SF parcel and includes an adjacent ±5,999 SF parking lot, totaling ±11,997 SF of land with on-site parking for 27 vehicles. Fully leased to three tenants, the building is anchored by a media tenant occupying ±4,639 SF—roughly 79% of the rentable area—through January 2028, with a five-year extension option. Should a sale occur prior to February 2027, the extension option terminates, offering a path to occupancy for a buyer. The building features modern systems, creative finishes, and minimal deferred maintenance. Interiors are bright and efficient—well suited for media, entertainment, or boutique office use. Located between Robertson and Doheny, the property falls within the Beverly Hills Mixed-Use Overlay Zone, with medical use permitted by right on the second floor. The asset generates approximately $350,000 in scheduled base rent and parking income, with in-place average rents of $5.04/SF/month and a 2.05-year weighted average lease term. Portfolio Opportunity: This property may be acquired individually or as part of a five-building assemblage along the coveted Olympic Boulevard corridor in Beverly Hills: 8844 W Olympic Blvd – ±5,864 SF building | ±11,997 SF lot | 27 parking stalls 9018–9020 W Olympic Blvd – ±5,000 SF building | ±6,000 SF lot | 6 parking stalls 9024 W Olympic Blvd – ±6,058 SF building | ±6,283 SF lot | 12 parking stalls 8925 W Olympic Blvd – ±4,959 SF building | ±12,281 SF lot | 20 parking stalls 8950 W Olympic Blvd (Beverly Hills Plaza) – ±30,056 SF building | ±30,566 SF lot | 91 parking stalls Total Opportunity: Total Building SF: ±52,937 SF Total Land SF: ±61,130 SF (±1.40 acres) Total Parking: 156 stalls

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

11,997 SF

ZONING

C-3T-2

APN/PARCEL ID

4332-012-001,4332-012-034

ASK ABOUT THIS PROPERTY

Conor HalloranLee & Associates - West LAMore Info

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Conor HalloranLee & Associates - West LAMore Info

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