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8950 W. Olympic Boulevard Beverly Hills, CA 90211
8950 W. Olympic Boulevard
Beverly Hills, CA 90211
Property Type Retail Status For Sale Size 30056 SQ. FT Price Option Call Broker
Parking
91 gated spaces

Lee & Associates – Los Angeles West, Inc., as exclusive advisor, is pleased to present a rare opportunity to acquire a trophy retail asset in the heart of Beverly Hills. The ±30,056 RSF, two-story building comprises 25 suites with flexible configurations for retail, showroom, office, and medical uses (permitted by-right on the second floor).

Features include 91 gated surface and subterranean parking spaces (3.03:1,000 ratio), ±275 feet of Olympic Boulevard frontage, dual exposure at La Peer Drive, elevator service, ADA compliance, and multiple ingress and egress points, including rear alley access.

Delivered approximately 70% vacant, the asset offers immediate lease-up potential and repositioning upside for investors or users alike. Positioned along the evolving Olympic corridor, just south of the Golden Triangle, it is surrounded by world-class retail, hospitality, healthcare, and cultural amenities—benefiting from significant mixed-use and multifamily development reshaping the surrounding landscape in one of Los Angeles’ most coveted submarkets.

Address: 8950 Olympic Boulevard, Beverly Hills, CA 90211
Building Size: ±30,056 RSF across 25 units
Lot Size: ±30,566 SF | 0.70 Acres
Year Built: 1988
APN: 4332-009-038
Construction: Two-story wood/steel frame with slab-on-grade foundation
Parking: 91 gated spaces (3.03/1,000 SF) - surface & garage
Frontage: ±275 feet along Olympic Boulevard

Features
  • Trophy Location - Coveted Beverly Hills address with rare corner frontage and street visibility
  • Flexible Zoning - C-3T-2 Retail, Office of Medical use permitted by-right on the second floor
  • Immediate Upside - Delivered ~70% vacant with strong lease-up and repositioning potential
  • ULA-Exempt - Located outside the City of Los Angeles, exempt from Measure ULA
  • Corner Lot Prominence - Full block-to-block exposure at Olympic & La Peer with ±275 feet of frontage
  • Transit-Adjacent - Minutes from Purple Line Extension (2028) at Beverly & Wilshire