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$ 3,400,000
Est. payment | /mo
6,370 SqFt
$ 3,400,000
Est. payment | /mo
6,370 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,370 sqft
Price per Sqft $533
MLS Listing ID CL26653925
HOA Y/N No
Year Built 1955
Lot Size 6,072 Sqft
Acres 0.1394
Property Sub-Type Other
Property 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.
Location
State CA
County Los Angeles
Zoning BHR4*
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Building
New Construction No
Others
Tax ID 4331011009

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Listed by Nabil Awada • Matthews Real Estate Investment Services
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Debbi DiMaggio Betta
REALTOR | Partner | Lic# 01047447

