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$4,260,000

Beds
8
sq ft
5,511

419 S Rexford Dr, Beverly Hills, CA 90212

419 S Rexford Dr

Beverly Hills, CA 90212

  • 119 days on market
    • Price drop $135,000↓
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.

Details

Property type

Est. home value

$3,495,329

Lot size

6,077 sq ft

Price per sq ft

$773

Year built

1954

HOA

No

Price History

08/28/2024
CLAW

CLAW #24416657

Price change
$4,260,000
-3.07%
07/17/2024
CLAW

CLAW #24416657

Listed
$4,395,000
+40.64%
04/09/2021
CLAW

CLAW #20643316

Sold
$3,125,000

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

First Foundation Bank

Loan start date

April 2021

Original loan amount

$1,890,000

Est. remaining balance

Not provided

Interest rate

2.81%

Loan type

Building or Construction Loan, 30 year

Seller

Rexford Residences Llc

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 2:05 PM

Listing updated: 10/15/2024 at 11:15 PM

Listed by: Glenn Brander, Miller & Desatnik Realty Co. Phone #: (310) 202-9166

MLS: CLAW #24416657

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