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419 S Rexford Dr 8 Unit Apartment Building $3,995,000 ($499,375/Unit) 4.50% Cap Rate Beverly Hills, CA 90212



Investment Highlights
- Situated steps from South Beverly Drive, giving residents immediate access to top-tier dining, boutique retail, coffee shops, etc
- On-Site EV Charging. A standout amenity that directly appeals to modern, higher-income renters.
- Major System Upgrades — New pitched roof, plumbing, and hot water heaters.
- Modern interiors with In-unit washer/dryer, stainless-steel appliances, gas ranges & dishwasher, renovated kitchens & baths, central heating & AC, etc
- 400-Amp Electrical Service - A major infrastructure upgrade that supports higher electrical loads & future improvements.
Executive Summary
419 S Rexford Dr is a rare opportunity to acquire a turnkey, pride-of-ownership multifamily asset in the center of Beverly Hills — close proximity to South Beverly Drive’s premier dining, shopping, cafés, and daily conveniences. This walkable lifestyle location is one of the most sought-after pockets in 90212, where inventory is extremely limited and tenant demand consistently outperforms the broader Los Angeles market. The property features updated, highly marketable one-bedroom residences averaging approximately 700–800 square feet, each offering modern finishes that significantly exceed the standard Beverly Hills rental inventory. Units include in-unit washer/dryer, stainless-steel appliances, gas ranges, dishwashers, renovated kitchens and baths, quality flooring, and incredibly rare central air conditioning & heating in units— features that support premium rent levels and exceptional tenant retention. They also rent in short order as shown by a unit being rented in only five days. Further elevating the asset’s profile, the property includes on-site EV charging, a major competitive advantage in a market where eco-friendly amenities are increasingly expected by high-income renters. This modern upgrade not only enhances resident convenience but positions the building ahead of the curve in sustainability-oriented infrastructure. With its boutique scale, updated interiors, EV amenity package, and irreplaceable walk-to-everything location, 419 S Rexford Dr delivers the ideal blend of stability, rent growth potential, and long-term appreciation in one of Los Angeles’ safest and most supply-constrained submarkets. For investors seeking a high performing, low-maintenance asset in a trophy location, this offering distinctly stands out.
Property Facts
| Price | $3,995,000 | Apartment Style | Low-Rise |
| Price Per Unit | $499,375 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 4.50% | Building Size | 5,511 SF |
| Gross Rent Multiplier | 14.75 | No. Stories | 2 |
| No. Units | 8 | Year Built | 1954 |
| Property Type | Multifamily | Parking Ratio | 1.45/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | BHR4YY | ||
| Price | $3,995,000 |
| Price Per Unit | $499,375 |
| Sale Type | Investment |
| Cap Rate | 4.50% |
| Gross Rent Multiplier | 14.75 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,511 SF |
| No. Stories | 2 |
| Year Built | 1954 |
| Parking Ratio | 1.45/1,000 SF |
| Zoning | BHR4YY |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Heating
- Crown Molding
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
Site Amenities
- Wheelchair Accessible
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 700 |
1 1
Walk Score®
Walker's Paradise (93)
Property Taxes
| Parcel Number | 4330-033-004 | Improvements Assessment | $1,077,560 |
| Land Assessment | $2,305,037 | Total Assessment | $3,382,597 |
Property Taxes
Parcel Number
4330-033-004
Land Assessment
$2,305,037
Improvements Assessment
$1,077,560
Total Assessment
$3,382,597
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419 S Rexford Dr
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