137 S Rexford Drive

Beverly Hills, CA 90212

PRICE REDUCED

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-$2,195,000 (-43.94%)

$2,800,000

List Price

8

bed Beds

8

shower Baths

4,512 sqft

straighten / sqft

1926

calendar_month Built

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.

Listing Information

List Price $2,800,000
Status Active
MLS 24410955
Type Residential Income
Year Built 1926
Lot Size 6,070
Structure Size 4,512
DOM 68
Courtesy Of Coldwell Banker Realty
Listing Agent Hedda Muskat-Wess DRE#01014487
Co-Listing Agent Melissa Ryan DRE#01160269

Interior Features

Total Bedroom
Bedrooms 8
Total Bathroom
Bathrooms 8
Cooling Type
Cooling Type None

Exterior Information

Other Structures
Structures Guest House

Maps

Listing information courtesy of: Hedda Muskat-Wess, Melissa Ryan, Coldwell Banker Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 5:58 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.