137 S Rexford Dr Beverly Hills, CA 90212
Listing Courtesy of: Combined L.A. Westside (CLAW) / Coldwell Banker Realty / Hedda Muskat-Wess / Melissa Ryan

  137 S Rexford Dr Beverly Hills, CA 90212

Active (159 Days)
$2,800,000
8
BED
8
BATH
4,512
SQFT

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.

MLS #:
24-410955
Lot Size
6,068 SQFT
Type
Multifamily
Year Built
1926
School District
Beverly Hills Unified School District
County
Los Angeles County

Listed By

Hedda Muskat-Wess, DRE #01014487 CA, Coldwell Banker Realty
Melissa Ryan, DRE #01160269 CA, Coldwell Banker Realty
Source
Combined L.A. Westside (CLAW)
Last checked Dec 23 2024 at 3:32 AM GMT+0000
Bathroom Details
Lot Information
  • Street Lighting
  • Street Paved
  • Tear Down on Lot
  • Lot-Level/Flat
Heating and Cooling
  • None
Basement Information
  • No
Garage
  • Parking Garage: Garage - 4+ Car
Stories
  • 2
Living Area
  • 4,512 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Aug 31, 2024
Price Changed
$2,800,000
-44%
-2,195,000
Jul 16, 2024
Original Price
$4,995,000
-
-
Disclaimer: Copyright 2024 CLAW MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/22/24 19:32