Property Details
462 S Rexford DR
Beverly Hills, CALIFORNIA 90212


Price: $3,600,000




Listing # 13644563


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Prime Beverly Hills location on the NE corner of Rexford & Whitworth - a development site with fully entitled plans. Proposed 4-story condominium project with potential to build 7 luxury units all with south/west exposure with one level of subterranean parking. Existing building consists of 6 unit apt. building with 6 garage spaces, generating interim income prior to construction. Main value is in the land for this large corner site of 8,215 sqft. A truly rare opportunity to build new construction with tremendous value. Units are tenant occupied and can only be shown with accepted offer.
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Basic Features:
Area: Beverly Hills (C01)
City Name: Beverly Hills
County Name: Los Angeles
State: CALIFORNIA
Type:
Zip: 90212
Square Ft.:
Total Buildings:
Total Floors:
Additional Features:
Adjusted Gross Income: 119316.00
Appliances: Garbage Disposal,Refrigerator
Cap Rate: 0.03
Cooking Appliances: Range
Cooling Type: None
Driving Directions: Corner of Rexford Dr. and Whitworth, South of Olympic
Expense Total Annual: 36504.00
Gross Operating Income: 119304.00
Gross Rent Multiplier: 26.48
Heating Type: Floor Furnace
Lot Size SqFt: 8218
Net Operating Income: 82800.00
Number Of Buildings: 1
Parking Spaces Total: 6
Parking Type: Garage
School District: Other
Unit Furnished 01: Unfurnished
Unit Furnished 02: Unfurnished
Unit Furnished 03: Unfurnished
Unit Furnished 04: Unfurnished
Unit Furnished 05: Unfurnished
Unit Furnished 06: Unfurnished
Unit Furnished 07: Partially
Unit Furnished 08: Partially
Unit Furnished 09: Partially
Unit Furnished 10: Partially
Unit Furnished 11: Partially
Unit Furnished 12: Partially
Unit Furnished 13: Partially
Unit Monthly Rent 01: 2350.00
Unit Monthly Rent 02: 1995.00
Unit Monthly Rent 03: 972.00
Unit Monthly Rent 04: 1225.00
Unit Monthly Rent 05: 1700.00
Unit Monthly Rent 06: 1700.00
Unit Number Of Bath 01: 1.0
Unit Number Of Bath 02: 1.0
Unit Number Of Bath 03: 1.0
Unit Number Of Bath 04: 1.0
Unit Number Of Bath 05: 1.0
Unit Number Of Bath 06: 1.0
Unit Number Of Bed 01: 2
Unit Number Of Bed 02: 2
Unit Number Of Bed 03: 1
Unit Number Of Bed 04: 1
Unit Number Of Bed 05: 2
Unit Number Of Bed 06: 2
Unit Projected Total Monthly Rent 01: 28200.00
Unit Projected Total Monthly Rent 02: 23940.00
Unit Projected Total Monthly Rent 03: 11664.00
Unit Projected Total Monthly Rent 04: 14700.00
Unit Projected Total Monthly Rent 05: 20400.00
Unit Projected Total Monthly Rent 06: 20400.00
Units Total In Complex: 6
Unit Total Monthly Rent 01: 28200.00
Unit Total Monthly Rent 02: 23940.00
Unit Total Monthly Rent 03: 11664.00
Unit Total Monthly Rent 04: 14700.00
Unit Total Monthly Rent 05: 20400.00
Unit Total Monthly Rent 06: 20400.00
Unit Type 01: 1
Unit Type 02: 2
Unit Type 03: 3
Unit Type 04: 4
Unit Type 05: 5
Year Built: 1948
Zoning: BHR4YY
Listing Status: Active
HOA: No
Special Conditions: Standard Sale
Open House: No
Listing courtesy of Jeremy Ives (01420214) from Teles Properties, Inc..
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