Beverly Hills, CA 90212,137 S Rexford Dr
Beverly Hills, CA 90212,137 S Rexford Dr
Beverly Hills, CA 90212,137 S Rexford Dr
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$2,800,000
Est. payment /mo
8 Beds
8 Baths
4,512 SqFt

UPDATED:

09/22/2024 05:58 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,512 sqft

Price per Sqft $620

MLS Listing ID 24-410955

Bedrooms 8

Construction Status Tear Down

Year Built 1926

Lot Size 6,070 Sqft

Acres 0.1393

Property Description

ATTENTION VISIONARY 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.

Location

State CA

County Los Angeles

Area Beverly Hills

Zoning BHR4*

Rooms

Other Rooms GuestHouse

Interior

Heating None

Cooling None

Equipment None

Exterior

Garage Garage - 4+ Car

Garage Spaces 4.0

Building

Lot Description Lot-Level/Flat, Tear Down On Lot, Street Paved, Street Lighting

Story 2

Level or Stories Multi/Split

Construction Status Tear Down

Schools

School District Beverly Hills Unified School District

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Coldwell Banker Realty

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Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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