$11,495,000

8800 Burton Way Beverly Hills, CA 90211

Estimated payment $62,569/month

Total Views 8,340
-- Bed
-- Bath
34,865 Sq Ft
$330 Price per Sq Ft

Highlights

  • Subterranean Parking
  • Built-In Features
  • Central Heating and Cooling System
  • Horace Mann Elementary School Rated A
  • Intercom

About This Home

We are pleased to present a unique and rare opportunity to acquire "The Burton Beverly Hills" a 24-Unit luxury mixed-use development project located at 8800 Burton Way in prestigious Beverly Hills, CA. The Burton Beverly Hills is located in the southwest corner of Burton Way and Robertson Blvd., most desirable demanded location in highly prestigious Beverly Hills. This project has been approved with the city of Beverly Hills for 24-Luxury apartment units and commercial space. Property will be delivered with Ready-To-Issue (RTI) permits. The Burton Beverly Hills would be a six-story building construction consist of 32,604 SF. residential space and 2,261 SF. commercial space. The project features a diverse unit mix, including (1) three-bedroom, three baths penthouse unit, (18) two bedroom, two baths, and (5) studio, one baths. Residents will enjoy 42 parking spaces on two subterranean levels and premium amenities. This generational legacy asset is located in a vibrant area, with nearby amenities including restaurants, shops, supermarkets, Beverly Hills Unified Schools, Beverly Hills City Hall, Melrose/Robertson, Cedars-Sinai Medical Center, Beverly Center and many more attractions. Don't' miss this opportunity to bring this luxury premium multifamily mixed-use project in the most sought location of Beverly Hills. Developer's and investors, with Ready-to-Issue (RTI) permits makes this project even more attractive!!!

Listing Agent

Iman Eshaghyan

Coldwell Banker Realty License #01494608 Listed on: 03/11/2025

Coldwell Banker Realty

Co-Listing Agent

Mina Hwang

Coldwell Banker Realty License #02002883

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,898

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 100x110

Parking

  • Subterranean Parking

Home Design

Interior Spaces

  • 34,865 Sq Ft Home
  • Elevator
  • Built-In Features

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Alarm System

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 24 Units
  • 6-Story Property

Listing and Financial Details

  • Assessor Parcel Number 4334-015-047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,898

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 34865
  • Lot Dimensions: 100x110
  • Stories: 6
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Built-Ins, Bar Ice Maker, Cable, Dishwasher, Dryer, Electric Dryer Hookup, Elevator, Freezer, Garbage Disposal, Microwave, Intercom, Ice Maker, Refrigerator, Range/Oven, Washer, Trash Compactor, Alarm System
  • Price Per S Q F T: 329.70

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Subterranean

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4334-015-047
  • Lot Size Area: 10951

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 11.50
  • Number Of Units: 24
  • Total Annual Expense: 866238
  • Type Of Units: Apartment
  • Vacancy Rate: 3%

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,898 $1,314,121 $985,991 $328,130
2024 $15,898 $1,288,355 $966,658 $321,697
2023 $15,620 $1,263,094 $947,704 $315,390
2022 $15,182 $1,238,328 $929,122 $309,206
2021 $14,747 $1,214,048 $910,904 $303,144
2020 $14,698 $1,201,600 $901,564 $300,036
2019 $14,330 $1,178,040 $883,887 $294,153
2018 $13,580 $1,154,942 $866,556 $288,386
2016 $13,040 $1,110,096 $832,907 $277,189
2015 $12,487 $1,093,422 $820,396 $273,026
2014 $12,085 $1,072,004 $804,326 $267,678
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 For Sale $11,495,000 -- $330 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $3,500 None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,900,000 Commercial
Previous Owner $1,700,000 Commercial
Previous Owner $200,000 Credit Line Revolving
Previous Owner $2,000,000 Credit Line Revolving
Previous Owner $5,000 Commercial
Source: Public Records

Source: The MLS

MLS Number: 25509823

The MLS

APN: 4334-015-047