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$4,500,000

Beds
15
sq ft
7,093

337 S Rexford Dr, Beverly Hills, CA 90212

337 S Rexford Dr

Beverly Hills, CA 90212

  • 199 days on market
    • Price drop $300,000↓
Welcome to 337 S Rexford Drive, nestled in prime Beverly Hills, where luxury meets convenience. This property boasts 8 units. Among these units, you'll find 1 unit with 1 bedroom and 1 bath, ideal for those seeking a home in the heart of the city. For those desiring a bit more space, six units feature 2 bedrooms and 1 bath. Additionally, there's a 2-story townhouse unit with 2 bedrooms and 1 and 1/2 baths. Location-wise, this property couldn't be more ideal. Situated close to the renowned Rodeo Drive, you'll have easy access to trendy shops, upscale boutiques, and some of the city's best restaurants. Whether you're in the mood for a shopping spree or a gourmet dining experience, everything you desire is just moments away. The gross income is based on projected rent.

Details

Property type

Est. home value

$4,275,592

Lot size

6,070 sq ft

Price per sq ft

$635

Year built

1954

HOA

No

Price History

08/15/2024
CLAW

CLAW #24379151

Price change
$4,500,000
-6.25%
06/04/2024
CLAW

CLAW #24379151

Price change
$4,800,000
-2.04%
04/29/2024
CLAW

CLAW #24379151

Listed
$4,900,000
+8.89%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jpmorgan Chase Bank Na

Loan start date

December 2016

Original loan amount

$2,239,000

Est. remaining balance

Not provided

Interest rate

3.47%

Loan type

Commercial

Seller

David Simanian and Farimah Simanian

Lender

Jpmorgan Chase Bank Na

Loan start date

February 2014

Original loan amount

$1,630,000

Est. remaining balance

Not provided

Interest rate

4.47%

Loan type

Future Advance Clause / Open End Mortgage

Seller

David Simanian and Farimah Simanian

Lender

Mehran David Kohanbash

Loan start date

May 2002

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

Commercial

Seller

David Simanian and Farimah Simanian

Lender

First Credit Bank

Loan start date

April 2002

Original loan amount

$800,000

Est. remaining balance

Not provided

Interest rate

6.81%

Loan type

Commercial

Seller

David Simanian and Farimah Simanian

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/14/2024 at 2:15 PM

Listing updated: 11/06/2024 at 3:15 PM

Listed by: Fariba Bolour, Sotheby's International Realty Phone #: (310) 724-7000

MLS: CLAW #24379151

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