tomo logo

$16,495,000

Beds
Unknown
sq ft
16,000

948 Bel Air Rd, Los Angeles, CA 90077

948 Bel Air Rd

Los Angeles, CA 90077

  • 54 days on market
Set on one of the last promontories available in prime Bel Air Road and surrounded by $50M-$100M estates, this investment is a once-in-a-lifetime opportunity that offers the most explosive views in the city. Front row with plans from world-renowned SAOTA Architecture to build a 16,000 SF organic modern masterpiece that will be worth well over $80M when complete. Situated at the 50 yard line of Bel-Air and Beverly Hills, just minutes from Hotel Bel-Air and the best dining, entertainment & shopping that Los Angeles has to offer.

Details

Property type

Single Family Residence

Est. home value

$14,704,304

Lot size

1.0039 acres

Price per sq ft

$1,031

Year built

Unknown

HOA

No

Price History

09/27/2024
CLAW

CLAW #24444791

Listed
$16,495,000
06/26/2024
CLAW

CLAW #23305233

Removed
$16,495,000
09/05/2023
CLAW

CLAW #23305233

Listed
$16,495,000

Schools & Community

Neighborhood: 

Bel Air

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

Morgan Stanley Private Bank Na

Loan start date

March 2020

Original loan amount

$6,500,000

Est. remaining balance

Not provided

Interest rate

2.62%

Loan type

New Conventional, 30 year

Seller

800 Nimes Road 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: 11/20/2024 at 8:35 AM

Listing updated: 10/05/2024 at 8:09 AM

Listed by: Branden Williams, The Beverly Hills Estates Phone #: (310) 626-4248

MLS: CLAW #24444791

CLAW logo

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