443 S Rexford Drive, Beverly Hills, CA 90212

$1,900,000

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Sold Price
$1,900,000
List Price
$2,695,498
Closing Date
Dec 29, 2023
Status
CLOSED
MLS#
SR23026612
Year Built
1929
Lot Size
6,071
Acres
0.14
Lot Location
2-5 Units/Acre, Landscaped, Near Public Transit, Rectangular Lot, Street Level
Days on Market
216
Property Type
Multifamily
Style
Spanish
Property Sub Type
Quadruplex
Stories
Two Levels

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.

Additional Information

Appliances
Water Heater
Pool Description
None
Fireplace Description
Bath, Dining Room, Electric, Gas, Kitchen, Living Room, Outside
View
None
Exterior Construction
Stucco
Roof
Tile
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
High Ceilings, Storage, Tile Counters
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$55,200
Operating Expense
23248

Listing courtesy of Listing Agent: Trina Brown (trina.y.brown@gmail.com) from Listing Office: Coldwell Banker Quality Properties.

Listing sold by Arthur Pfefferman from Coldwell Banker Quality Properties

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.