Tower Grover Drive - Beverly Hills
Purchase Price $6,250,000 | Sold Price $7,250,000
4 bed · 6 bath · 5506 sqft
Michael Mortimer oversaw both the acquisition and disposition of this property during his time as Director of Acquisitions for a local investment company. He identified this unique opportunity to capitalize on redeveloping this house into a stunning modern view property. While still in the planning phase, offers were received a million dollars over the initial purchase price prompting a quick sale and profit windfall. The property is a gorgeous Mediterranean property with breathtaking views and was an ideal future development.
