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333 Rexford Drive, Beverly Hills, CA 90212
Priced at Only: $3,400,000
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Address: 333 Rexford Drive, Beverly Hills, CA 90212
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  • MLS#: 26653925 ( )
  • Street Address: 333 Rexford Drive
  • Viewed: 1
  • Price: $3,400,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1955
  • Bldg sqft: 0
  • Days On Market: 51
  • Additional Information
  • County: LOS ANGELES
  • City: Beverly Hills
  • Zipcode: 90212
  • Provided by: Matthews Real Estate Investment Services
  • Contact: Nabil Nabil
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are pleased to present 333 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 6,370 square foot building sits on a 6,070 square foot lot and is zoned R4. Units are separately metered for gas and electricity. 333 S Rexford Drive features (2) 2bed+1bath and (6) 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 recently completed seismic retrofit work and new exterior paint, upgraded electrical mains. With one unit delivered vacant and others tastefully upgraded, this asset provides an immediate value add opportunity with an additional 40% rental upside in a globally recognized submarket.
Features
Appliances
  1. Disposal
  2. Refrigerator
Building Area Total
  1. 6370.00
Common Walls
  1. 1 Common Wall
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Interior Features
  1. Ceiling Fan(s)
Levels
  1. Two
Netoperatingincome
  1. 144215.00
Parcel Number
  1. 4331011009
Parking Features
  1. Assigned
  2. Attached Carport
Postalcodeplus4
  1. 4651
Sourcesystemkey
  1. 26653925:CLAW
Tenant Pays
  1. Gas
  2. Electricity
Totalexpenses
  1. 74443.00
Year Built
  1. 1955
Zoning
  1. BHR4*
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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