137 South Rexford Drive

Beverly Hills, CA 90212

$2,800,000
Price
8
Beds
8
Baths
4,512 Sq. Ft.
$621 / Sq. Ft.
4,512
Sq. Ft.
$621
per Sq. Ft.

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...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.
  1. Listed by Hedda Muskat-Wess • DRE #01014487 • Brokerage DRE #01464847 • Coldwell Banker Realty
  2. Listed by Melissa Ryan • DRE #01160269 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 137 South Rexford Drive

Zoning
BHR4*
Parcel Number
4331013026
Total Units
4.0
Living Area
4512
Source Living Area
Vendor Enhanced
Area
Beverly Hills (C01)
Vacancy Rate
0
Lot Size Area
6070
LISTING UPDATED: 09/22/2024 10:58 AM

Property Details for 137 South Rexford Drive

StatusActive
MLS #24-410955
Days on Market158
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.14 AC / 6,070 SF
CountyLos Angeles County

Building Information for 137 South Rexford Drive

Stories2Residences-Year Built1926Building Size-Lot Size0.14 AC / 6,070 SF

Property Information for 137 South Rexford Drive

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 4
  • Property Condition: Tear Down
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is, Building Plans Available
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Alley: Yes
  • Lot Acreage: 0.1393
  • Lot Size Square Feet: 6070
  • Lot Description: Lot-Level/Flat, Tear Down On Lot, Street Paved, Street Lighting
Parking Details
Parking Details
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4
  • Garage Spaces Total: 4
  • Garage Structures Total: 4.0
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: GuestHouse
Lease Terms
Lease Terms
  • Entry Date: 07-16-2024
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 0
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $808,748.00
  • Assessed Improvement Percent: 25.89
  • Assessed Land Value: $2,314,700.00
  • Assessed Land Percent: 74.11
  • Assessed Total Value: $3,123,448.00
  • Private Transfer Taxes: No

Property History for 137 South Rexford Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 137 South Rexford Drive

Taxable ValueLand$2,360,994Additions$824,922Total$3,185,916
Tax Record2024$38,672 ($3,223 / month)
Home Facts
Total Finished SqFt4,512 SqFtAbove Grade Finished SqFt4,512 SqFtLot Size6,068 SqFtStyleQuadraplexYear Built1926ZoningBHR4*CountyLOS ANGELESAPN4331-013-026

Schools near 137 South Rexford Drive

This home is within Beverly Hills Unified School District.
Rating
School
Type
Grades
Distance
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Beverly Vista Elementary School
Public6 to 8

Beverly Hills High School
Public9 to 12

Moreno High (Continuation) School
Public9 to 12

Harkham Hillel Hebrew Academy
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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137 South Rexford Drive is a multi-family home for sale in Beverly Hills, CA 90212. This property was listed for sale on July 16, 2024 by Coldwell Banker Realty, it's currently listed at $2,800,000. It has been on the market for a total of 158 days and was last sold on February 7, 2005. This listing's school district is Beverly Hills Unified School District. Nearby schools include Beverly Vista Elementary School, Beverly Hills High School and Moreno High (Continuation) School. 137 South Rexford Drive is a 8-bed, 8-bath, 4,512 sqft multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Hedda Muskat-Wess, DRE #01014487; Coldwell Banker Realty, Melissa Ryan, DRE #01160269

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.