Lee & Associates – Los Angeles West Inc., as exclusive advisor, is pleased to present the exceptional opportunity to acquire 8950 W Olympic Blvd (the “Property”), a ±30,056 square foot, two-story multi-tenant retail building prominently positioned just south of the Beverly Hills Golden Triangle.
Constructed in 1988, the Property is situated on a ±30,566 square foot (0.70-acre) corner lot with ±275 feet of Olympic Boulevard frontage at La Peer Drive. 8950 W Olympic Blvd features flexible configurations across 25 suites for retail, showroom, office, or medical uses (permitted by right on the second floor), 91 gated parking stalls (3.03/1,000 SF), and multiple ingress/egress points, offering unparrelled visibility and accessibility in one of the most supply-constrained submarkets in the country.
Delivered approximately 70% vacant and exempt from Measure ULA, the Property presents a rare opportunity for investors or owner-users to create immediate value through lease-up and repositioning, while benefiting from long-term appreciation driven by surrounding redevelopment and infrastructure expansion.
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