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$22,000,000

Beds
3
Baths
3.0
sq ft
2,175

1555 San Ysidro Dr, Beverly Hills, CA 90210

1555 San Ysidro Dr

Beverly Hills, CA 90210

  • 3 days on market
Presenting an unparalleled investment opportunity in the heart of Los Angeles! Encompassing the development of two luxury homes AND an existing SFR with over 15 acres at 1555 N San Ysidro Dr and 1424 Seabright Drive. This project capitalizes on the fusion of prime location, innovative design, and exclusivity to create a high-value proposition for investors and future homeowners alike. With the lot line adjustment process finalized, resulting in two expansive lots, the buyer will be set to embark on a journey to redefine luxury living in Beverly Hills 90210. The project includes 1555 N San Ysidro Dr. (a SFR) & 1424 Seabright Dr., Los Angeles. Parcel 1 Area: 402,321 SF (9.24 acres). 1555 N San Ysidro Dr. Parcel 2 Area: 259,725 SF (5.96 acres). On 1424 Seabright Dr. the development includes two single-family luxury homes with an ADU accessible dwelling unit on each lot. Home specifications provide for two stories, 17,500 sf each, with 4 car garages and an infinity pool. There is exclusive access for a private access road connecting the development to Seabright Drive, ensuring privacy and exclusivity. This road is designed to accommodate fire vehicles access and features a large turn-around for enhanced safety. The plans for the homes is crafted to complement the existing topography, minimizing the need for extensive grading. The design incorporates modern aesthetics with functionality, featuring large living spaces, a gym, home theatre, and seamless indoor-outdoor transition. The luxury amenities include 4 car garages, infinity pools, terraces, balconies, and decks offering panoramic views of the city. The use of extensive glass windows ensures natural light fills every room, capturing the essence of Southern California living. This incredible opportunity will be a capstone project for any sophisticated developer.

Details

Property type

Single Family Residence

Est. home value

$2,654,875

Lot size

0.283 acres

Price per sq ft

$10,115

Year built

1953

HOA

No

Price History

10/31/2024
CLAW

CLAW #24458877

Listed
$22,000,000

Schools & Community

Neighborhood: 

Beverly Glen

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

The Jack Kurt Purcell Living Trust

Loan start date

September 2022

Original loan amount

$1,250,000

Est. remaining balance

Not provided

Interest rate

5.3%

Loan type

Commercial, 5 year

Seller

Seabright Hill Developers Lp

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: 11/04/2024 at 2:20 PM

Listing updated: 11/01/2024 at 1:05 PM

Listed by: Shahla Nikravesh, Nelson Shelton & Associates Phone #: (310) 271-2229

MLS: CLAW #24458877

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