337 S Rexford Dr 8 Unit Apartment Building $6,980,829 CAD ($872,604 CAD/Unit) 4.37% Cap Rate Beverly Hills, CA 90212

Matthews™ is pleased to present 337 S Rexford Drive, an 8-unit opportunity in the heart of Beverly Hills This multifamily asset is located on a premier, tree-lined street south of Wilshire Boulevard. This mid-century building offers a serene setting for high-quality tenants seeking the quintessential Beverly Hills lifestyle. Boasting a 90 Walk Score ("Walker’s Paradise"), the 7,093 square foot building sits on a 6,070 square foot lot and is zoned R4. Units are separately metered for gas and electricity.
337 S Rexford Drive features (1) 2bed+1.5bath townhouse, (6) 2bed+1bath, and (1) 1bed+1bath units.
The property offers exceptional parking, a rare luxury for the area—with 10 total spaces (10 per building). Investor risk is mitigated by significant recent capex including new roof in 2024 and seismic retrofit work in-progress. With five units delivered vacant and others tastefully upgraded, this asset provides an opportunity to select your own tenants and an additional 12% rental upside on in-place rents in a globally recognized submarket.