South Beverly Drive Portfolio

JLL and WESTMAC Commercial Brokerage Company have been exclusively retained to offer the opportunity to acquire The South Beverly Drive Portfolio, a generational five contiguous parcel portfolio that includes a high performing Pavilions with adjacent parking garage and two office buildings (collectively the “Properties”). As one of the most desirable assemblages of land in Beverly Hills with nearly 500 feet of frontage on S Beverly, the Properties offer current income on existing buildings today with the opportunity to boost net operating income through minor improvements or greater scale redevelopment in the future. The Properties are being offered together or separately. Located in Beverly Hills on the prominent corner of S Beverly Dr (30,000 VPD) and Olympic Blvd (60,000 VPD), the Properties total 35,861 square feet of retail and office GLA on 1.58 acres of land. In an area where average home prices surpass $1.62 million and the average household income exceeds $189,236 within a 1-mile radius, the Properties are well-positioned to benefit from strong surrounding demographics. With numerous surrounding restaurants and shops, proximity to major employment centers, and coming addition of the Metro Purple Line station, the Properties are poised to take advantage of superb real estate fundamentals.