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$15,995,000

Beds
6
Baths
5.0
sq ft
5,269

614 N Beverly Dr, Beverly Hills, CA 90210

614 N Beverly Dr

Beverly Hills, CA 90210

  • 39 days on market
Rare Opportunity in Beverly Hills Flats: This expansive 30,000 sqft TENNIS COURT lot, nestled in the prestigious Beverly Hills Flats, presents an extraordinary canvas for discerning investors or homeowners seeking to create their dream estate. Located just steps away from the iconic Rodeo Drive and the legendary Beverly Hills Hotel, this prime parcel of land offers unparalleled convenience and luxury. Boasting a private tennis court, the property invites endless possibilities for recreation and entertainment. With ample space and a coveted location, envision crafting something truly exceptional on this prestigious canvas. Whether you choose to remodel the existing home or embark on a new architectural masterpiece, seize the chance to redefine luxury living in one of the world's most coveted neighborhoods.

Details

Property type

Single Family Residence

Est. home value

$13,460,511

Property condition

Fixer

Lot size

0.6897 acres

Price per sq ft

$3,036

Year built

1922

HOA

No

Price History

05/23/2024
CLAW

CLAW #24387351

Listed
$15,995,000
-1.57%
04/21/2024
CLAW

CLAW #23339119

Removed
$16,250,000
02/28/2024
CLAW

CLAW #23339119

Price change
$16,250,000
-5.8%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

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

Seller could get up to

$11,378,211
Asking price
$15,995,000
Closing costs (~8% of asking)
-$1,279,600
Est. remaining loan balance
-$3,337,189
Cash to seller
$11,378,211

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

August 2016

Original loan amount

$6,300,000

Est. remaining balance

$3,337,189

Interest rate

2.78%

Loan type

New Conventional, 15 year

Seller

Ine Capital Holdings Llc

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: 07/01/2024 at 11:05 AM

Listing updated: 05/31/2024 at 5:13 AM

Listed by: Aaron Nehmadi, Aaron Nehmadi Phone #: (310) 299-7000

MLS: CLAW #24387351

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