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$ 5,100,000
Est. payment /mo
Active
337 S Rexford DR Beverly Hills, CA 90212
14 Beds
8 Baths
7,093 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,093 sqft
Price per Sqft $719
MLS Listing ID 26653947
Bedrooms 14
HOA Y/N No
Year Built 1954
Lot Size 6,067 Sqft
Property Description
We are pleased to present 337 S Rexford Drive, an 8-unit opportunity in the heart of Beverly Hills. This multifamily asset is located on a premier, tree-lined street south of Wilshire Boulevard. The mid-century building offers a serene setting for high-quality tenants seeking the quintessential Beverly Hills lifestyle. Boasting a 90 Walk Score ("Walker's Paradise"), the 7,093 square foot building sits on a 6,070 square foot lot and is zoned R4. Units are separately metered for gas and electricity. 337 S Rexford Drive features (1) 2bed+1.5bath townhouse, (6) 2bed+1bath, and (1) 1bed+1bath units. The property offers exceptional parking, a rare luxury for the areawith 10 total spaces (10 per building). Investor risk is mitigated by significant recent capex including new roof in 2024 and seismic retrofit work in-progress, recently painted building with upgrades in select units. With five units delivered vacant and others tastefully upgraded, this asset provides an opportunity to select your own tenants and an additional 12% rental upside on in-place rents in a globally recognized submarket.
Location
State CA
County Los Angeles
Area C01 - Beverly Hills
Zoning BHR4*
Interior
Interior Features Ceiling Fan(s)
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Disposal, Refrigerator
Exterior
Parking Features Attached Carport, Assigned
Total Parking Spaces 10
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4331011010
Special Listing Condition Standard
Listed by Nabil Awada Matthews Real Estate Investment Services #02046840
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