337 S Rexford Drive, Beverly Hills, California 90212 - $5,100,000 | Allan Real Estate Investments
Location
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Property Highlights
$5,100,000
337 S Rexford Dr
Beverly Hills, CA, 90212
337 S Rexford Dr
•Beverly Hills, CA, 90212
14
Bedrooms
8
Bathrooms
7,093
Square Feet
8
Days on Market
14
Bedrooms
8
Bathrooms
7,093
Square Feet
8
Days on Market
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.
Listed by Nabil Awada with Matthews Real Estate Investment Services (866) 889-0550