Cap Rate
4.37%
$ per SF
$719
337 S Rexford Drive, Beverly Hills, CA, 90212
337 S Rexford Drive$5,100,000
Key Information
Tot. SF
7,093
Units
8
Year Built
1954
Type
Apartments
NOI
$223,070
Highlights
- 90 Walk Score: High-demand “Walk-to-Dining” location south of Wilshire Blvd.
- Immediate Value-Add: (5) units delivered vacant for immediate market-rate leasing or renovation and 12% rental upside on current in-place rents.
- Abundant Parking: 10 total spaces (1.25 per unit), a significant competitive advantage in Beverly Hills.
- Recent CapEx/Renovations: Seismic retrofitting work in-progress, roof replaced in 2024, and newly painted building and upgrades in select units.
- Immediate Capital Preservation: No Measure ULA ‘Mansion Tax’ applies in the city Beverly Hills
Photos
Location
Agents
N
Nabil AwadaLicense # 02046840 (CA)
Broker of Record
David Harrington
License # 02168060 (CA), 01320460 (CA)Matthews Real Estate Investment Services, LLC2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245