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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 area with 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 seven units delivered vacant and others tastefully upgraded, this asset provides an opportunity to select your own tenants and an additional 6% 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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