Description
We are pleased to offer for sale a rare multifamily investment opportunity located at 333 s rexford drive in the famed westside city of beverly hills. located on a beautiful tree lined street and consisting of 8 units built in 1955, the building exudes classic mid-century architectural elements in a serene setting. the excellent unit mix consists of (2) 2-bedroom, 1-bathroom units and (6) 1-bedroom,1-bathroom units. each of these units is spacious, has a dynamite floor plan, and offers an abundance of natural light. units feature large kitchens and bathrooms and utilities are separately metered for both gas and electricity. additional property attributes include lushly landscaped grounds, ample on-site parking (soft story retrofit has been completed), and an on-site laundry facility. the property presents investors with a quintessential "value-add" opportunity, as there is tremendous rental upside with rents hovering around $2.70/sqft. owned by the same family for multiple decades, this is an incredible turnkey asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. the property is also ideally located in the desirous beverly hills unified school district and walking distance to beverly vista middle school and beverly hills high school. in close proximity to high-end dining and nightlife of robertson blvd. and the incredible shopping on rodeo drive, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire an easy to manage asset in one of the most prestigious parts of the westside.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
47506800
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 10
Bathroom Information
- Total Baths: 8
- Full Baths: 0
- Half Baths: 0
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1955
- Building Area Total: 6,370
Laundry Features
- Common Area
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1394
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 6072
-
Listing Information
Listing Price Information
- Original List Price: 3,595,000
- Listing Contract Date: 2024-10-31
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 4331011009
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C01 - Beverly Hills
- Postal Code Plus 4: 4651
- Directions: North of Olympic Blvd. and South of Gregory Way. Prime Beverly Hills location.
- Zoning: BHR4*
- Source Property Type: Residential Income
- Area: C01 - Beverly Hills
Building and Construction
- Property Age: 69
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 6370
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 12/04/2024 @ 13:57
- MLS: 24458883
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 10 bedrooms which is for sale, it has 6,370 sqft, 6,072 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Beverly Hills , in zip code 90212, this Los Angeles County Home are nearby neighborhoods.