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337 S Rexford Dr, Beverly Hills, CA, 90212

14beds
8baths
7,093sqft
$5,100,000
$719price/sqft
$30,990/moest. monthly cost
$1,239,600/yrincome needed

About This Home

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.

Getting Around

90
WalkingVery Walkable
57
TransitGood Transit
57
BikeBikeable

Schools

7/10
9/10
Beverly Hills High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1954

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Disposal,Refrigerator,Range/Oven

Bedrooms & Bathrooms

  • Bedrooms: 14
  • Bathrooms: 8

Features

  • Ceiling Fan(s)
  • Flooring: Vinyl Plank

Heating & Cooling

  • Heating features: Other
  • Cooling features: Window Unit(s),Wall/Window Unit(s)

Interior Area

  • Total structure area: 7,093
  • Total interior livable area: 7,093 sqft

Property

Details

  • Zoning: BHR4*
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 6,067 sqft

Parking

  • Total spaces: 10
  • Parking features: Attached Carport,Assigned
  • Carport: Yes