419 S Rexford Dr Beverly Hills, CA 90212
Active
$4,260,000
3%
8 Units
8 Beds
8 Baths
5,511 Area(sq.ft.)
6,077 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 2,109 | $ 2,109 | $ 2,895 |
| Unit 2 | 1 | 1 | 1 | No | $ 2,995 | $ 2,995 | $ 2,995 |
| Unit 3 | 1 | 1 | 1 | No | $ 2,080 | $ 2,080 | $ 2,895 |
| Unit 4 | 1 | 1 | 1 | No | $ 2,895 | $ 2,895 | $ 2,895 |
| Unit 5 | 1 | 1 | 1 | No | $ 2,995 | $ 2,995 | $ 2,995 |
| Unit 6 | 1 | 1 | 1 | No | $ 2,995 | $ 2,995 | $ 2,995 |
| Unit 7 | 1 | 1 | 1 | No | $ 2,930 | $ 2,930 | $ 2,995 |
| Unit 8 | 1 | 1 | 1 | No | $ 2,995 | $ 2,995 | $ 2,995 |
| 8 | 8 | 8 | 8 | $ 21,994 | $ 21,994 | $ 23,660 |
| MLS #: | 24-416657 |
| Days On Market: | 71 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 773 |
| Price per unit: | $ 532,500 |
| Year Built: | 1954 |
Property Details
Welcome to The Rexford Residences, an exceptional 8-unit multifamily income property ideally located just south of Olympic Blvd and West of Doheny Drive in Beverly Hills. Offering a coveted location within walking distance of the prestigious Beverly Hills Golden Triangle, this property is surrounded by upscale shops and renowned restaurants. The Rexford Residences feature (8) one-bedroom, one-bath units, five of which have been tastefully renovated to enhance modern living. Recent improvements include a new roof, brand new electrical systems, and upgraded plumbing throughout most of the property. Inside the renovated units, residents enjoy contemporary amenities such as stainless steel appliances, hardwood floors, central HVAC systems and the convenience of in residence washers and dryers. These enhancements complement the classic charm of the building, making The Rexford Residences a desirable choice for those seeking luxury and convenience in Beverly Hills. Don't miss the opportunity to own this meticulously maintained income property in one of Southern California's most prestigious neighborhoods.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Vacancy Rate: | 3% |
| Gross Operating Income: | $ 263,064 |
| Total Annual Expense: | $ 88,304 |
| Net Operating Income: | $ 176,100 |
| Gross Annual Income: | $ 269,809 |
| Cap Rate: | 4.13% |
| Gross Rent Multiplier: | 15.72 |
Structure
| Type of Units: | Apartments |
| Buildings: | 1 |
| Levels: | Two |
Land & Parking
| Zoning: | BHR4YY |
| Parking Garage: | None |
Interior
| AC/Cooling: | Central |
| Equipment: | Dishwasher, Dryer, Washer, Refrigerator, Range/Oven |
| Heating: | Central |
| Laundry: | In Unit, Laundry Area |
Exterior
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