Property · 2 recorded sales since 2021
Listing Agent: Eliyahu Appel (DRE #01918652) · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Steven Bogoyevac · Steven M. Bogoyevac, Broker · MLS #25630347 · Source: CRMLS
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, cafes, 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.
Listing description from the March 2026 sale, as reported to CRMLS.