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1119 Rexford Drive
USD 2,950,000
Property ID: 23302435
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1119 Rexford Drive ,90035
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icon 6070 SqFt
icon Built in 1958
icon USD 486/SqFt
icon 10 Beds
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
10
Bathrooms
0
Interior Size
6148
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1958
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Detailed Introduction Of This Home
*Charming seven-unit community in coveted Pico/Fairfax *Renovated exterior; seismic reinforcement work complete *Front house-like unit with kosher kitchen, "smart" mirrors, frosted glass interior doors, and in-unit washer and dryer *Three out of seven units renovated with quartz countertops, double sink with goose-neck faucets, stainless steel appliances, shaker cabinets, and vinyl plank flooring *Tremendous Value-Add Opportunity: Over $1,000/unit/month in rental upside; in-place rents average $1,732/unit/month and $1.97 per square foot *Rents shown are averages *PART OF AN 11-PROPERTY PORTFOLIO totaling 221 units, all located in prime LA County locations, including Inglewood (9 properties); Hawthorne (1 property); and Beverly Hills adjacent (1 property). The properties Can be Purchased Together, Individually, or In Any Combination. The Portfolio offers an attractive selection of one-, two-, and three-bedroom units, with spacious units averaging nearly 1,000 SF. There is tremendous value-add opportunity with in-place rents averaging approximately $2,135/u/month and only $2.12 psf. Attractive fixed rate assumable financing with an average interest rate of 3.72% is available. *See Property Website for OM and full Portfolio OH schedule for ALL properties
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
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Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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1119 Rexford Drive
USD 2,950,000 10 Beds
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