Check Availability

450 South Rexford Drive

450 South Rexford Drive, Beverly Hills, CA 90212
Multifamily in Beverly Hills
450 South Rexford Drive in Beverly Hills, CA was first built in 1956 and is 68 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 10 are bedrooms. In terms of bathrooms, there are a total of 10 full bathrooms. There are 10 partial bathrooms. 450 South Rexford Drive has 6,952 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,066 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 450 South Rexford Drive was last sold in Nov 1, 2021 for $3,350,000. According to our calculations, that's $481.88 per sqft. Prior to that sales transaction, the property was sold for $1,840,018 in Oct 24, 2011. Current property owners are expected to pay $40,854 in taxes per year. The property on 450 South Rexford Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,417,000. To break that down further, the land itself was valued at $2,652,000. While improvements to the property were assessed at a total of $765,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Tandem Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210421
04/21/2021
Studio
-
-
$3,999,000
bedrooms
Studio
bathrooms
-
-
-
-
Terri Scheid
Rexford Realty

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 10
  • Bathroom Count: 10
  • Full Bathrooms: 10
  • Partial Bathrooms: 10
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 7
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,066
  • Total Building Area: 6,952
  • Gross Building Area: 6,952
  • Building Area: 6,952
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 6,952
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6380
  • Land Acres: 0.139
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: TRACT # 6380 EX OF ALLEY LOT/SEC1356

Ownership

  • Current Owner : REXFORD FLATS LLC
  • Current Owner 2: REXFORD 52 LLC
  • Previous Owner : 450 S REXFORD LLC
  • Owner Before Previous Owner: 450 SOUTH REXFORD PROPERTIES LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Bank Owned
  • Vacant Flag Date: Aug 07, 2023

Neighborhood

  • School District Name: Beverly Hills Unified School District
  • Census Tract: 700902

Zoning

  • Zoning: BHR4YY

Geography

  • Assessors Map Reference: 42-C2
  • Subdivision Tract Number: 6380
  • Parcel: 4330-034-019
  • Lot: 1356
  • Municipality: WEST /BEVERLY HILLS
  • Latitude: 34.0577
  • Longitude: -118.394

    Address

  • Full Address: 450 S Rexford Dr
  • Address - House Number: 450
  • Street Direction: S
  • Address - Street Name: Rexford
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Beverly Hills
  • Carrier Code: C065
  • 4-Digit Zip Code: 4752
  • Zip Code: 90212

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $40,854
  • Tax Rate Code Area: 02-410

    Appraisal Valuation

  • Standard Deviation: 0.1159
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 76
  • Final Value: 3,348,057
  • High Value: 3,736,137
  • Low Value: 2,959,976

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,417,000
  • Assessed Land Value: $2,652,000
  • Assessed Improvements Value: $765,000

    Sales

  • Current Sale Contract Date: Nov 01, 2021
  • Current Sale Recording Date: Nov 10, 2021
  • Current Sale Transaction ID: 11866099125
  • Current Sale Price: $3,350,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1679603
  • Previous Sale Recording Date: Oct 28, 2011
  • Previous Sale Contract Date: Oct 24, 2011
  • Previous Sale Amount: $1,840,018
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Nov 10, 2021
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Oct 29, 2051

    Previous Mortgages

  • Previous Mortgage Lender: THE PRIVATE BANK OF CALIFORNIA
  • Previous Mortgage Transaction Date: Oct 28, 2011
  • Previous Mortgage Loan Amount: $1,104,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Beverly Hills



Similar Buildings

Multifamily at 450 South Rexford Drive,

450 South Maple Drive

  • 1 Unit for Sale
450 South Maple Drive, Beverly Hills, CA 90212 Condo in Beverly Hills
Multifamily at 450 South Rexford Drive,

434 South Canon Drive

  • 1 Unit for Sale
434 South Canon Drive, Beverly Hills, CA 90212 Condo in Beverly Hills
Multifamily at 450 South Rexford Drive,

1128 Cardiff Avenue

  • 1 Unit for Sale
1128 Cardiff Avenue, Los Angeles, CA 90035 Condo in Beverly Hills
Multifamily at 450 South Rexford Drive,

9301 West Pico Boulevard

  • 1 Unit for Sale
  • 1 Story
9301 West Pico Boulevard, Los Angeles, CA 90035 Commercial in Beverly Hills
Multifamily at 450 South Rexford Drive,

1233 Smithwood Drive

  • 1 Unit for Sale
1233 Smithwood Drive, Los Angeles, CA 90035 Multifamily in Beverly Hills
Multifamily at 450 South Rexford Drive,

324 South Canon Drive

  • 1 Unit for Sale
  • 1 Story
324 South Canon Drive, Beverly Hills, CA 90212 House in Beverly Hills
Multifamily at 450 South Rexford Drive,

1450 Reeves Street

  • 1 Unit for Sale
  • 1 Story
1450 Reeves Street, Los Angeles, CA 90035 House in Beverly Hills

Nearby Rentals

Unit for rent at

$1,715 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager
Unit for rent at

$1,795 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 450 South Rexford Drive located in?
The 450 South Rexford Drive is a multifamily located in the neighborhood of Beverly Hills in Beverly Hills, Beverly Hills.
What is the average sales price for listings in 450 South Rexford Drive?
The average sales price for units in 450 South Rexford Drive is $0 currently.

Quantcast