Commercial Investment Opportunity
Price
$43,000,000
Premier Off-Market Commercial Investment Opportunity in Beverly Hills, CA
Promise Land Realty, LLC presents an unparalleled opportunity to acquire a significant piece of commercial real estate in the prestigious Beverly Hills Triangle. This generational asset offers potential investors the chance to own and develop a landmark property in one of the most coveted locations in the world.
Property Highlights:
Prime Location:Â Situated at 369-373 N Bedford Drive, 9662-9664 Brighton Way, and 9679-9685 Wilshire Blvd., Beverly Hills, CA 90212, this property lies in the heart of Beverly Hills, directly across from Saks Fifth Avenue and Neiman Marcus, offering unmatched visibility and prestige.
Development Potential:Â The current owners envisioned transforming this site into an 8-story, 155-room boutique hotel, with plans already initiated but not entitled, showcasing the property's potential for becoming a distinguished hospitality destination.
Land & Zoning:Â Comprising approximately 17,000 SF of land with an existing 15,000 SF of building space (to be verified), the property is zoned appropriately for hotel development. There's potential to expand the development footprint to nearly 30,000 SF by incorporating adjacent parcels, subject to negotiations already underway with neighboring property owners.
Strategic Opportunity:Â Whether for a long-term hold or a ground-up development, this offering is a strategic investment opportunity. The possibility of assembling an entire city block opens up unprecedented development potential in Beverly Hills.
Investment Considerations:
Vacant Retail and Restaurant Spaces:Â Currently, the property hosts retail and restaurant spaces, all of which are vacant, allowing for immediate initiation of development plans.
Consultation and Entitlement Support:Â Potential investors will have access to a consulting firm instrumental in the entitlement process, offering valuable insights and connections within the city of Beverly Hills to facilitate the development phase.
Offer Submission:
We invite serious investors to explore this unique investment opportunity. For further details, to express interest, or to submit an offer, please contact us directly at investments@promiselandrealtyllc.com. Given the property's prime location and development potential, we anticipate strong interest and recommend timely inquiries.
Contact Us:
Promise Land Realty, LLC Email: investments@promiselandrealtyllc.com
This exclusive off-market listing represents a rare chance to develop a landmark project in Beverly Hills. We look forward to facilitating a smooth transaction and assisting in the assemblage process for interested parties.
Existing Site Map
Aerial View
"YOUR #1Â SOURCE FOR OFF MARKET INVESTMENT
PROPERTIES, NATIONWIDE"
PROMISE LAND REALTY, LLC
Work: 864-762-2509
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top.