Land Deal For Anyone · Commercial Real Estate 101

Land Deal For Anyone

(READY TO BUILD ON)

Details Beverly Hills Land Offering in the famous 90210 zipcode The property is 157 acres in the City of Los Angeles post office residential area and has an approved subdivision map for six large mega mansions. The entire entitled gated portion includes 78.6 flat graded and improved acres. Thirty-three of the acres are approved for 6 single family homes and inclusive of finished streets landscaping and common areas.

The property is gated and located on the highest hilltop in Beverly Hills. The additional mountainside acreage provides coveted privacy and seclusion attractive to future home buyers desiring private estates with a guarded security gated entrance.

Approved city subdivide lots are zoned LARE-40 approved for mega mansions and each lot has its own APN number assigned. All streets inside the gated areas are completed with common areas landscaped for visual appeal. The common areas and lots have “final” city approval per tract map #51034.

Lots are subdivided into six separate view home sites. The home sites totaling just over 33 are finished flat acres that range from 2.8 acres to 12.2 acres individually and are ready to build. The subdivided lots are finished with all city services to each address, electric, sewer, gas and water inclusive. All buildable lots are within the gated area and have views. Lots may be sold individually as soon as close of Escrow.

Common areas include paved roads and landscaping with decorative lighted medium strip that is planted with trees with water features dividing the street.

The subdivision has massive 20 foot privacy gates with LED lighting and a graded area for an eventual planned guard house just outside the gates.

The property also has an area designed for a private helipad to accommodate potential homeowners only that is pending approval from the Federal Aviation Administration at this time.

This is an off-market asset. Whether buyer develops homes, sells off individual lots to other buyers or developers...this is a very significant ROI opportunity. We have an on-and-off 10-year association with this property. It has only been clear to sell now fee simple for a couple of months without any restrictions.

Asking: $250,000,000 Million (Or Best offer) +3% Fee...............Once valued at 1B on the retail side

Status: Fully entitled finished View Lots 2 to 12 acres

(This Trust owns the asset but was not involved in the entitlement or development of the finish land.) they were the lender only.

The property is entitled (READY TO BUILD ON) in a gated area on top of the highest mountain overlooking the city of Beverly Hills the 13 Parcels (not Lots) encompassing over 157 Acres include a tract map approved for 78 acres that has already been entitled and ready to build valued at 398 Million now as vacant land.

The additional unused hillside had approval from the Santa Monica conservatory to accept as donation for preservation of the mountains wildlife, in exchange for Tax Credits to a new buyer.

No liens on property. LOI /POF required to obtain further info

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