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Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,678 sqft
Price per Sqft $334
MLS Listing ID SR23026612
Sold Date 12/29/23
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1929
Lot Size 6,072 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.
Location
State CA
County Los Angeles
Area C01 - Beverly Hills
Zoning BHR4YY
Rooms
Ensuite Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Interior
Interior Features High Ceilings, Storage, Tile Counters
Laundry Location Washer Hookup,Gas Dryer Hookup,Inside,Laundry Room
Flooring Wood
Fireplaces Type Bath, Dining Room, Electric, Gas, Kitchen, Living Room, Outside
Fireplace Yes
Appliance Water Heater
Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Exterior
Garage Assigned, Garage, On Site, Garage Faces Rear, Side By Side
Garage Spaces 4.0
Garage Description 4.0
Fence Wood
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Tile
Accessibility None
Parking Type Assigned, Garage, On Site, Garage Faces Rear, Side By Side
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre, Landscaped, Near Public Transit, Rectangular Lot, Street Level
Story 2
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Spanish
Level or Stories Two
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 4330033010
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Arthur Pfefferman • Coldwell Banker Quality Properties
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