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337 S Rexford Drive
Beverly Hills, CA 90212

Directions:

South of Wilshire, North of Olympic, East of Beverly Dr, West of Doheny Drive.

Last Modified: Apr 8

Built: 1954

County: Los Angeles

MLS #: 26653947

$5,100,000

337 S Rexford Drive, Beverly Hills, CA 90212


14

BEDS

8

BATHS

7093

SQFT

0.1393

ACRES

ABOUT

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.

FEATURES & AMENITIES

• Interior Features: CeilingFans
• Appliances: Disposal,Refrigerator
• Cooling: Yes.
• Cooling: WallWindowUnits
• Zoning: BHR4*
• Parking Features:
• Parking Total: 10
• Attached Garage: Yes.
• Association: false
Courtesy of: Nabil Awada, Matthews Real Estate Investment Services (MLS# CLW-X81530)
Source MLS: CRMLS