South Beverly Drive Portfolio

Description:

WESTMAC Commercial Brokerage Company is pleased to present the South Beverly Drive Portfolio, an exceptional entitled development opportunity totaling 93,113 SF of land at the highly visible, signalized intersection of W. Olympic Blvd. and S. Beverly Dr., less than one mile from the Golden Triangle at the gateway to Beverly Hills.

The portfolio includes four (4) entitled development sites with approvals for a combined 368 residential units — 294 market-rate and 74 affordable — along with 37,276 SF of ground-floor retail and ample subterranean parking. The current improvements consist of four office buildings, a Pavilions supermarket, and two parking structures, all zoned C3.

Entitled Projects
• 9430 W. Olympic Blvd. – Approved Builder’s Remedy entitlement plans for a 13-story mixed-use building with 53 residential units (42 market / 11 affordable), and 3 levels of subterranean parking with 23 parking spaces.
• 9441 W. Olympic Blvd. – Approved Builder’s Remedy entitlement plans for a 13-story mixed-use building with 75 residential units (60 market / 15 affordable), 4,092 SF of ground-floor retail, and 3 levels of subterranean parking with 52 parking spaces.
• 333–337 S. Beverly Dr. & 353 S. Beverly Dr. – Approved Builder's Remedy entitlement plans for an 8-story mixed-use project with 135 residential units (108 market / 27 affordable), 16,099 SF of ground-floor retail, and 3 levels of subterranean parking with 263 parking spaces.
• 9467 W. Olympic Blvd. (Pavilions site) – Approved Builder's Remedy entitlement plans for an 8-story mixed-use building with 105 residential units (84 market / 21 affordable), 17,085 SF of retail, and 3 levels of subterranean parking with 180 parking spaces.

Location Highlights
Located minutes from Rodeo Drive, Westfield Century City, and top Beverly Hills dining, the site benefits from daily traffic exceeding 50,000 vehicles, offering outstanding visibility and signage potential. Within a 1-mile radius, the average household income is $137,552, and the median home value exceeds $1.1 million.

This is a rare opportunity to acquire an entitled, large-scale development portfolio in one of the most prestigious and supply-constrained markets in the world.

Properties can be purchased as one portfolio or individual sites.

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