Beverly Hills, CA 90210,1371 Tower Grove DR
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$6,800,000
Est. payment /mo
0.35 Acres Lot
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UPDATED:

11/13/2024 05:16 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24233067

HOA Y/N No

Lot Size 0.350 Acres

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.

Location

State CA

County Los Angeles

Area C02 - Beverly Hills Post Office

Zoning LARE20

Interior

Fireplace No

Exterior

Community Features Street Lights

View Y/N Yes

View Bay, City Lights, Coastline, Mountain(s), Ocean

Building

Lot Description 0-1 Unit/Acre

Water Public

New Construction No

Others

Senior Community No

Tax ID 4356021026

Acceptable Financing Cash, Conventional, Owner Will Carry, Owner May Carry

Listing Terms Cash, Conventional, Owner Will Carry, Owner May Carry

Special Listing Condition Standard


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California Regional MLS (CRMLS)
Listed by Rommy Shy • Rommy Shy • rshy.realty@gmail.com
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

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1371 Tower Grove DR