tomo logo

$10,900,000

Beds
6
Baths
5.0
sq ft
Unknown

1405 Park Way, Beverly Hills, CA 90210

1405 Park Way

Beverly Hills, CA 90210

  • 213 days on market
There is no better value (price per sq foot) in the Beverly Hills Flats for land and location. Nestled in the heart of Prime Beverly Hills (Rodeo Dr & Park Way), just moments away from the vibrant world famed Rodeo Drive. This extraordinary development opportunity presents an exquisite parcel of land awaiting transformation into a true architectural masterpiece. The property's ideal location ensures convenient access to renowned luxury boutiques, high-end dining establishments, and exclusive entertainment venues. The lush surroundings provide an idyllic backdrop, with mature trees and manicured landscaping, enhancing the property's inherent beauty. Moreover, the allure of the area extends beyond its retail offerings, with renowned cultural institutions, luxurious spas, and picturesque parks just moments away. Whether one desires a serene sanctuary or a vibrant urban lifestyle, this amazing property in Prime Beverly Hills promises to fulfill the aspirations of those seeking the pinnacle of luxury living.

Details

Property type

Single Family Residence

Est. home value

$7,434,384

Lot size

0.5094 acres

Price per sq ft

Unknown

Year built

1923

HOA

No

Price History

04/15/2024
CLAW

CLAW #24379999

Listed
$10,900,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wells Fargo Bank Na

Loan start date

July 2013

Original loan amount

$1,400,000

Est. remaining balance

Not provided

Interest rate

3.37%

Loan type

New Conventional, 30 year

Seller

Cyrus Karubian and Houri Karubian

Lender

Washington Mutual Bank Fa

Loan start date

December 2002

Original loan amount

$384,000

Est. remaining balance

$0

Interest rate

5.48%

Loan type

Not Provided, 16 year

Seller

Cyrus Karubian and Houri Karubian

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/14/2024 at 2:10 PM

Listing updated: 10/28/2024 at 7:40 AM

Listed by: Dustin Nicholas, Nicholas Property Group Phone #: (310) 770-1847

MLS: CLAW #24379999

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