Approval of 401 South Robertson Purchase and Sale Agreement
Summary
SCH Number
2026030695
Public Agency
City of Beverly Hills
Document Title
Approval of 401 South Robertson Purchase and Sale Agreement
Document Type
NOE - Notice of Exemption
Received
Posted
3/17/2026
Document Description
RESOLUTION OF THE COUNCIL OF THE CITY OF BEVERLY HILLS APPROVING: (1) A PURCHASE AND SALE AGREEMENT, JOINT ESCROW INSTRUCTIONS, AND RELEASE, IN SUBSTANTIVE FORM, BY AND AMONG THE CITY OF BEVERLY HILLS, CENTURY BEVERLY HILLS, LLC, AND GRL PARTNERSHIP, CONCERNING REAL PROPERTY LOCATED AT 401 SOUTH ROBERTSON BOULEVARD IN BEVERLY HILLS, (2) A RELEASE AGREEMENT, IN SUBSTANTIVE FORM, BY AND AMONG, AFSHIN ETEBAR, THE CITY OF BEVERLY HILLS, CENTURY BEVERLY HILLS, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AND GRL PARTNERSHIP, A CALIFORNIA LIMITED PARTNERSHIP, AND (3) AN APPROPRIATION FROM THE GENERAL FUND IN THE AMOUNT OF $5,925,000, WHICH INCLUDES $75,000 FOR ESCROW FEES AND DUE DILIGENCE ACTIVITIES
Contact Information
Name
Logan Phillippo
Agency Name
City of Beverly Hills
Job Title
Real Property Development Manager
Contact Types
Lead/Public Agency / Project Applicant / Parties Undertaking Project
Phone
Location
Cities
Beverly Hills
Counties
Los Angeles
Regions
Southern California
Cross Streets
Robertson Boulevard / Olympic Boulevard
Zip
90211
Total Acres
0.37
Parcel #
4332-013-032
Notice of Exemption
Exempt Status
Other
Type, Section or Code
15061(b)(3)
Reasons for Exemption
There are no plans for changes of use of the property at this time, and therefore it can be seen with certainty that the change in ownership will result in no significant effects on the environment.
County Clerk
Los Angeles
Attachments
Notice of Exemption
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