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1371 Tower Grove Drive

Beverly Hills, CA 90210
  • $6,800,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: SR24233067
UPDATED: 49 min ago
$6,800,000
  • 0
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Rommy Shy of Rommy Shy (818-274-2655)


Description

Great opportunity for developer/builder to complete construction of an 8500 square-foot custom luxury home in Beverly Hill PO! Framing, foundation, caissons and full set of plans have been completed under a valid building permit. Lot features great city views and 2 pools. Estimated sales price as completed is $20 million with approximately $4 million needed to complete the house. Seller will consider carrying up to 80% first position loan (not subordinate to construction loan) or a joint venture with a qualified developer that will invest $2 million.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-11T23:28:38.62. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Faris Group | Keller Williams Realty. Licensed in the State of California, USA.
www.stepsfromhome.com/homes/157817443
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1371 Tower Grove Drive Beverly Hills, CA 90210

  • Price: $6,800,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 49 min ago
  • ID#: SR24233067
0
Beds
0
Baths
0
½ Baths
0.35
Acres
Neighborhood:
C02 - Beverly Hills Post Office
County:
Los Angeles
Area:
C02 - Beverly Hills Post Office
Property Description
Great opportunity for developer/builder to complete construction of an 8500 square-foot custom luxury home in Beverly Hill PO! Framing, foundation, caissons and full set of plans have been completed under a valid building permit. Lot features great city views and 2 pools. Estimated sales price as completed is $20 million with approximately $4 million needed to complete the house. Seller will consider carrying up to 80% first position loan (not subordinate to construction loan) or a joint venture with a qualified developer that will invest $2 million.
Exterior Features

Lot Features 0-1 Unit/Acre View BayCity LightsCoastlineMountain(s)Ocean View YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street Lights Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalOwner Will CarryOwner May Carry New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning LARE20



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-11T23:28:38.62. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Faris Group | Keller Williams Realty. Licensed in the State of California, USA.
 
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The Faris Group | Keller Williams Realty
7898 Mission Grove Pkwy S Ste 102
Riverside CA, 92508
Listing Agent(s): Rommy Shy of Rommy Shy (818-274-2655)