$4,795,000

324 Rexford Dr Beverly Hills, CA 90212

Estimated payment $30,719/month

Total Views 4,310
15 Beds
15 Baths
9,368 Sq Ft
$512 Price per Sq Ft

Highlights

  • City Lights View
  • Midcentury Modern Architecture
  • Breakfast Area or Nook
  • Beverly Vista Elementary School Rated A
  • Recreation Room
  • Double Oven

About This Home

Located in the heart of Beverly Hills, this well-maintained Mid-Century vintage 6-unit apartment building offers an excellent investment opportunity - just moments away from world-class shopping, dining, and entertainment. All units are generously sized and thoughtfully laid out, each featuring ensuite bedrooms, eat-in kitchens, designated dining areas, spacious living or family rooms, in-unit washer/dryers and natural light throughout. Each unit also includes two tandem parking spaces in the assigned garages - a rare convenience in such a central location. Seller recently completed comprehensive earthquake retrofitting, upgraded the roof, and installed new AC systems for each unit. Two of the six units will be delivered vacant, providing additional upside potential and flexibility for investors or potential owner-users. This exceptional property, proudly owned by the same family since 1979, is situated just a couple of blocks from houses of worship, top schools, Rodeo Drive shopping and within easy reach of the beautifully redesigned Century City Westfield Mall, complete with luxury shops, dining, and movie theaters. With its unbeatable location, spacious layouts, upside potential and strong rental appeal, 324 S Rexford Drive is ideal for those looking to invest in Beverly Hills - one of LA County's most desirable cities.

Listing Agent

Shamon Shamonki

Sotheby's International Realty License #01455034 Listed on: 06/18/2025

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 6,073 Sq Ft Lot
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Front Yard

Parking

  • 12 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Midcentury Modern Architecture
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 9,368 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Skylights
  • Vertical Blinds
  • Living Room
  • Dining Area
  • Recreation Room
  • Bonus Room
  • Laminate Flooring
  • City Lights Views

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 15 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Window Bars
  • Fire and Smoke Detector
  • Fire Sprinkler System

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Sewer in Street

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 4331-015-027

Community Details

Overview

  • Association fees include trash
  • 6 Units

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Controlled Access

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Parking

12

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Building Permit: Yes
  • Living Area: 9368
  • Lot Acreage: 0.1394
  • Probate: No
  • Stories: 2
  • Year Built: 1968
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Common Walls, Wet Bar, Built-Ins, Tandem, Storage Space
  • Number Dishwasher: 6
  • Number Disposal: 6
  • Number Refrigerator: 6
  • Flooring: Wood Laminate
  • Appliances: Cooktop - Electric, Double Oven, Range Hood
  • Bedrooms: 15
  • Bedroom Features: Primary Bedroom
  • Common Walls: Attached
  • Bathroom Features: Tile, Shower Over Tub
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Tile Counters
  • Laundry: In Unit, Community, Garage, Room
  • Total Bathrooms: 15.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator, Freezer, Garbage Disposal, Dishwasher, Dryer, Washer, Hood Fan, Built-Ins
  • Price Per S Q F T: 511.85
  • Windows: Window Blinds, Vertical Blinds, Skylights

Exterior Features

  • Construction: Stucco
  • Other Features: Slab
  • Other Structures: None
  • Paved: Yes
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: City Lights, City, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 12
  • Covered Parking: 12
  • Parking Garage: Garage - 2 Car, Attached, Covered Parking, Door Opener, Tandem, Garage Is Attached, Direct Entrance, Built-In Storage
  • Total Parking: 12

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Fire and Smoke Detection System, Smoke Detector, Window Bars
  • Sewer: In Street
  • Water: District, In Street
  • Water Expense: 12000.00
  • Water Heaters: Yes

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Pets Permitted

Condo/Co-op/Association

  • Association Fees Include: Trash

Fee Information

  • Insurance Expense: 7000.00
  • Maintenance Expense: 12000.00
  • Trash Expense: 2400.00

Schools

  • School District: Beverly Hills Unified School District

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Percent: 66.51
  • Assessed Improvement Value: 870859
  • Assessed Land Percent: 33.49
  • Assessed Land Value: 438473
  • Total Assessed Value: 1309332
  • Assessor Parcel Number: 4331-015-027
  • Lot Description: Curbs, Lot-Level/Flat, Sidewalks, Street Lighting, Street Paved, Yard, Front Yard, Corners Established, Alley Paved, Street Asphalt
  • Lot Location: City, Flats
  • Lot Size Area: 6073

Rental Info

  • Number Leased: 4
  • Owner Pays: Water, Gardener
  • Tenant Pays: Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 18.80
  • Number Of Units: 6
  • Total Annual Expense: 61400
  • Type Of Units: 3BR, 2BR
  • Vacancy Rate: 33.33%

Tax Info

  • Tax Expense: 28000.00

MLS Schools

  • School District: Beverly Hills Unified School District

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 For Sale $4,795,000 -- $512 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25554225

The MLS