333 S Rexford Dr - Apartments FOR SALE


Beverly Hills, CA 90212
$3,400,000 USD
310-844-9362
333 S Rexford Dr, Beverly Hills, CA for Sale
$3,400,000 USD
Apartments - FOR SALE
1/21
null | 4.22% Cap Rate

333 S Rexford Dr
Beverly Hills, CA 90212


HIGHLIGHTS

  • Value-add Beverly Hills 8-unit with 40% rental upside and (1) one vacant unit for immediate leasing.
  • Prime location with a 90 Walk Score, just south of Wilshire Blvd and near the Golden Triangle.
  • 10 parking spaces (1.25 per unit), a rare amenity in the Beverly Hills multifamily market.
  • Seismic retrofit and building upgrades completed for capital preservation.

OVERVIEW

Matthews™ is 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. This 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 area—with 10 total spaces (10 per building). Investor risk is mitigated by significant recent capex including recently completed seismic retrofit work. 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.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$534 USD /SF

# OF UNITS

8

PRICE/UNIT

$425,000

CAP RATE

4.22%

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,188 SF

ZONING

R4

APN/PARCEL ID

4331-011-009

ASK ABOUT THIS PROPERTY

Nabil AwadaMatthews Real Estate Investment ServicesMore Info
310-844-9362

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Nabil AwadaMatthews Real Estate Investment ServicesMore Info
310-844-9362

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.