PODCAST ABOUT THIS PROJECT
This is a recently completed project from Vision Homes
Take a look at this great SHOVEL READY project, in Beverly Hills! No waiting 4-12 months for permit approval. We can start development right away!
We have also already closed on this transaction with for our Developer and already own the property so no issues with closing escrow or dealing with an impatient buyer.
Our Developer purchased this property with a bridge loan we helped him with in short order because time was a factor and none of us wanted to loose this deal.
We are now ready to refinance the bridge loan scenario and move forward with the new 1st position lender who has already approved this transaction and our revised 2nd position JV lender taking 60% of the profits!
Nearly19,000sq.ft.lot with city views nestled behind the Beverly Hills Hotel.
We are once again working with a highly experienced luxury developer, Bob Gough of Vision Homes
Plans ALREADY approved for a 6,800 square foot Modern architectural masterpiece by renowned architect Tom Leishman, featuring an open floor plan, soaring height throughout w/ fantastic indoor-outdoor flow, 6 beds + 6.5 baths, 55ft infinity pool, and gated motor court that parks 12 Cars!
The property sits just minutes away from the heart of Beverly Hills. New owners will enjoy city views and a coveted school district.
We are also working with 2 Foreign Cash Buyers who are already interested in this and other properties in the area.
- Total Land Area: 19,000SF
- Full Architectural and Structural Approved plans included
- RTI Building Permits.
- Floor Area Summary: 6,800 SF (2) levels
- Gated motor court that parks 12 Cars!