Retail

Retail in Beverly Hills, CA

242 north beverly drive, beverly hills, CA 90210

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Medium Confidence

Low

$20.79/SF

Mid

$25.99/SF

High

$31.19/SF

Tier Used

tax_cap_reverse

Estimated from market cap rate (7.2%), property tax rate (0.01%), and wage-adjusted baseline.

Tier Resolution Trace

Tier 1insufficient_data

Tier 2successselected

Cost Breakdown

Component	Value	Detail	Source
Base Rent	$25.99/SF	—	tax_cap_reverse
Utilities	—	2.6¢/kWh	OpenEI URDB
Property Tax	—	0.0% eff. rate	API Ninjas
Labor Index	—	$1516/wk	BLS QCEW

Source Provenance (3)

Source	Type	Count	Year	Freshness	Peer
Market Reports	cap_rate	—	—	quarterly	—
API Ninjas	property_tax	—	—	annual	—
BLS QCEW	wage_index	—	—	quarterly	—

Data sources used

market_reportsproperty_taxwage_index

Description

Retail in Beverly Hills, CA

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

242 north beverly drive, beverly hills, CA 90210

Leaflet © OpenStreetMap contributors

Market Context

As of Q3 2023, the Greater Los Angeles retail market showed rents up 0.5% year over year, and cap rates around 5.0%. Source: multiple brokerages Q3 2023 market report.

Projected current pricing

low confidence

Projected asking rent

$36.43–$36.60/SF/yr

Estimated sale value

$310–$392/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q4 2025 www matthews com data (cap rate 7.2%, asking rent trend-adjusted to today).

View the full Greater Los Angeles Retail market report →

Compare it against other retail listings for sale in Beverly Hills, CA to benchmark pricing and space — view the full market.

Retail market FAQ

What is the typical cap rate for retail in Greater Los Angeles?: About 5.0% as of Q3 2023, per multiple brokerages.

Unified Estimate

Medium Confidence

$318.26/SF-$430.58/SF

Mid: $374.42/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

Sale Price History

2000 – 2025 · county sold comps + market trendsFIPS 06037

High Confidence

Median $/SF (sold)

Median sale price / SFP25–P75 IQR band

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.