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

1371 Tower Grove Beverly Hills, CA 90210

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UPDATED:

11/14/2024 03:45 AM

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24233067

HOA Y/N No

Lot Size 0.350 Acres

Acres 0.3503

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.
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 Beverly Hills (90210)

Others

Monthly Total Fees $58

Acceptable Financing Cash, Conventional, Seller May Carry

Listing Terms Cash, Conventional, Seller May Carry


San Diego Regional MLS (SDMLS)
Listed by Rommy Shy • Rommy Shy

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Jeehyun Hoke

Agent | License ID: 02222705

+1(913) 624-4768

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1371 Tower Grove