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443 S Rexford Drive Beverly Hills, CA 90212
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Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR23026612
Sold Date 12/29/23
Bedrooms 8
HOA Y/N No
Lot Size 6,071 Sqft
Property Description
Great Investment Opportunity located in the heart of Beverly Hills. This 4-unit low-rise complex is located on one of the most beautiful and coveted streets in Beverly Hills. Rexford Drive. So few of these charming buildings and you have a chance to own one of them. They just don't build these anymore. Full of detail from the Roaring 1920's. The years that brought us the radio, washing machines , jazz music, vacuum cleaners and the electric blender. PROPERTY HIGHLIGHTS: 4 Units: 2 Bedroom / 1 Bathroom, Private in unit laundry. Approxinately 9' ceilings. BRAND NEW ROOF in 2023. Landlord pays water; tenants pay power & gas. Parking: In rear - Each unit is assigned one space within an enclosed two car garage (total of 2 x two car garages) Storage: Additional storage space on the end wall of each parking space. There's some deferred maintenance but look at it as room to add some of your great 2023 personal touches. The building is fully leased with very faithful tenants. RENT UPSIDE AVAILABLE AND CERTAIN PASS THROUGHS SINCE RENT HAS NOT BEEN RAISED IN YEARS.
Great Investment Opportunity located in the heart of Beverly Hills. This 4-unit low-rise complex is located on one of the most beautiful and coveted streets in Beverly Hills. Rexford Drive. So few of these charming buildings and you have a chance to own one of them. They just don't build these anymore. Full of detail from the Roaring 1920's. The years that brought us the radio, washing machines , jazz music, vacuum cleaners and the electric blender. PROPERTY HIGHLIGHTS: 4 Units: 2 Bedroom / 1 Bathroom, Private in unit laundry. Approxinately 9' ceilings. BRAND NEW ROOF in 2023. Landlord pays water; tenants pay power & gas. Parking: In rear - Each unit is assigned one space within an enclosed two car garage (total of 2 x two car garages) Storage: Additional storage space on the end wall of each parking space. There's some deferred maintenance but look at it as room to add some of your great 2023 personal touches. The building is fully leased with very faithful tenants. RENT UPSIDE AVAILABLE AND CERTAIN PASS THROUGHS SINCE RENT HAS NOT BEEN RAISED IN YEARS.
Location
State CA
County Los Angeles
Area Beverly Hills (90212)
Zoning Assessor
Exterior
Exterior Feature Stucco
Parking Features Unit1:Assigned
Roof Type Tile/Clay
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $270
Acceptable Financing Cash, Conventional, Exchange
Space Rent $900
Listing Terms Cash, Conventional, Exchange
Financing Cash
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Bought with Arthur Pfefferman • Coldwell Banker Quality Properties
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