ATTENTION VISIONARY BUILDERS AND DEVELOPERS! Here's your exclusive invitation, inviting you to partner up with the current owners to build brand new luxury condominiums. Welcome to 137 South Rexford Drive, Beverly Hills. This is an extraordinary property offering, a rare opportunity located just around the corner from the brand new Mandarin Oriental Residences. Currently there is a 4-unit building that sits on an approx. a 6,000 lot. It's time to push down the old and build new. This proposal invites visionary developers and investors to partner with the current property owners of a site approved for the construction of 11+ luxury condominiums. The list price of $2,800,000 reflects a partnership price to join forces with the owners to build an extraordinary boutique style building. Based on other newly constructed buildings, value of land is comp'd out to be much higher. Beverly Hills continues to experience high demand for luxury real estate driven by its global reputation and limited supply of new high-end residences. The project's premium location and upscale features position it to attract affluent buyers and investors seeking exclusivity and luxury. Beverly Hills is one of the most sought after cities to buy property due to its unparalleled blend of luxury and prestige. Renowned for its glamorous reputation, the city offers an exclusive lifestyle with access to world-class shopping on Rodeo Drive, top-tier dining, and cultural landmarks. The real estate market boasts a diverse array of stunning properties, from grand estates to modern luxury condominiums, all set within beautifully manicured streets. Its association with Hollywood and the entertainment industry adds to its allure, attracting celebrities, high-net-worth individuals, and discerning buyers from around the globe. Additionally, Beverly Hills exceptional public and private schools, world's best hospitals such as Cedars-Sinai Medical Center, UCLA hospital, top universities, excellent amenities and secure, well-maintained neighborhoods make it an ideal place for families and investors alike. This is not just a place to live, it's a lifestyle. Our vision for the luxurious condominium units offer a unique blend of elegance, comfort, and top-tier finishes, creating a home that is both cozy and sophisticated. We want our future buyers to experience the difference of living in a space designed with the utmost attention to detail and a commitment to quality. We welcome them to their new home, where luxury and warmth come together seamlessly.
Property Details
Property Features
Property Information:
Year Built: 1926
Stories: 2
Living Area: 4,512 SqFt
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (310) 820-6651
Listing Agent: Hedda Muskat-Wess
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 8
Exterior Features
Parking Information:
Garage Space: 4 spaces
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Utilities
Utilities Information:
Heating: None
Cooling: None
Other
Directions Information:
Directions: West of Doheny/South side of Rexford Drive.
Price Information
Listing Price Info
Price Summary:
List Price: $2,800,000
Price Per SqFt: $621/SqFt
Tax Information:
Annual Amount: $35,810
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Beverly Hills, CA.
This property is $411K less than the Median Sold Price and $399/SqFt less than other homes in Beverly Hills, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24410955
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (310) 820-6651
Listing Agent: Hedda Muskat-Wess
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 03, 2005
Feb 03, 2005Home Sold
$1,776,000
May 30, 2003
May 30, 2003Home Sold
$1,275,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$35,810
$3,002,163
2020
$34,780
$2,971,381
2019
$33,419
$2,913,120
2018
$32,584
$2,856,000
2017
$32,584
$2,800,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Canfield Avenue Elementary School
9233 Airdrome St
Distance between this listing and this school1.11 miles
Public District Grades KG-5
5
/10
Carthay School
6351 W Olympic Blvd
Distance between this listing and this school1.49 miles
Public Magnet Grades KG-5
5
/10
Rosewood Avenue Elementary
503 N Croft Ave
Distance between this listing and this school1.52 miles
Public District Grades KG-5
Nearby Schools
7
/10
Beverly Vista School
200 S Elm Dr
Distance between this listing and this school0.13 miles
Public District Grades KG-8
8
/10
Horace Mann School
8701 Charleville Blvd
Distance between this listing and this school0.69 miles
Public District Grades KG-8
8
/10
Hawthorne School
624 N Rexford Dr
Distance between this listing and this school1.07 miles
Public District Grades KG-8
Nearby Schools
9
/10
Beverly Hills High School
241 S Moreno Dr
Distance between this listing and this school1.07 miles
Public District Grades 9-12
8
/10
Los Angeles Center for Enriched Studies
5931 W 18th St
Distance between this listing and this school1.98 miles
Public District Grades 6-12
3
/10
Cheviot Hills Continuation
9200 Cattaraugus Ave
Distance between this listing and this school2.09 miles
The neighbors living near this home have an average income of $77,500. Residents of Beverly Hills, CA typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 137 S Rexford Dr
What is the listing price of this property?
The listing price of 137 S Rexford Dr property is $2,800,000.
What type of property is this?
The property 137 S Rexford Dr is a house located in Beverly Hills, California, 90212.
Is this property for sale now?
Active Listing: 137 S Rexford Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $35,810 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 3, 2005 for $1,776,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 137 S Rexford Dr has 8 bedrooms and 8 bathrooms.
What is the square footage of this property?
The property 137 S Rexford Dr is 4,512 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 137 S Rexford Dr is 1926.
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This home is located at 137 S Rexford Dr in Beverly Hills, CA and zip code 90212 in the The Westside neighborhood. This 4,512 square foot home, which was built in 1926, sits on a 0.14 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $2,800,000.
While more than 5 listings in Beverly Hills, CA in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 24 were sold below. In October 2024 in Beverly Hills, CA there were 12.9% more homes for sale than in September 2024. Listings spent 65 days on the market in October 2024, and had a median list price of $3,211,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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