ATTENTION BUILDERS AND DEVELOPERS! Here's your exclusive invitation, inviting you to partner up with the current owners to build brand new luxury condominiums. Welcome to 137 South Rexford Drive, Beverly Hills. This is an extraordinary property offering, a rare opportunity located just around the corner from the brand new Mandarin Oriental Residences. Currently there is a 4-unit building that sits on an approx. a 6,000 lot. It's time to push down the old and build new. This proposal invites visionary developers and investors to partner with the current property owners of a site approved for the construction of 11+ luxury condominiums. The list price of $2,800,000 reflects a partnership price to join forces with the owners to build an extraordinary boutique style building. Based on other newly constructed buildings, value of land is comp'd out to be much higher. Beverly Hills continues to experience high demand for luxury real estate driven by its global reputation and limited supply of new high-end residences. The project's premium location and upscale features position it to attract affluent buyers and investors seeking exclusivity and luxury. Beverly Hills is one of the most sought after cities to buy property due to its unparalleled blend of luxury and prestige. Renowned for its glamorous reputation, the city offers an exclusive lifestyle with access to world-class shopping on Rodeo Drive, top-tier dining, and cultural landmarks. The real estate market boasts a diverse array of stunning properties, from grand estates to modern luxury condominiums, all set within beautifully manicured streets. Its association with Hollywood and the entertainment industry adds to its allure, attracting celebrities, high-net-worth individuals, and discerning buyers from around the globe. Additionally, Beverly Hills exceptional public and private schools, world's best hospitals such as Cedars-Sinai Medical Center, UCLA hospital, top universities, excellent amenities and secure, well-maintained neighborhoods make it an ideal place for families and investors alike. This is not just a place to live, it's a lifestyle. Our vision for the luxurious condominium units offer a unique blend of elegance, comfort, and top-tier finishes, creating a home that is both cozy and sophisticated. We want our future buyers to experience the difference of living in a space designed with the utmost attention to detail and a commitment to quality. We welcome them to their new home, where luxury and warmth come together seamlessly.
|
DAYS ON MARKET
|
54
|
LAST UPDATED
|
8/31/2024
|
|
YEAR BUILT
|
1926
|
COMMUNITY
|
Beverly Hills
|
|
GARAGE SPACES
|
4.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| School District |
Beverly Hills Unified |
|
Prior to Aug 31, '24
|
$4,995,000
|
| Aug 31, '24 - Today |
$2,800,000 |
| AIR |
None |
| AREA |
Beverly Hills |
| GARAGE |
Yes |
| HEAT |
None |
| LOT |
6070 sq ft |
| STORIES |
2 |
| ZONING |
BHR4* |
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Listed with Coldwell Banker Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 9/7/24 7:39 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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