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Multifamily

1119 S Rexford Drive

1119 S Rexford Drive, Los Angeles, CA 90035

Listing Price: $3,100,000

Cap Rate
2.33%
Number of Units
7
Price/Unit
$442,857
Price/Gross SF
$504.23
Gross SF
6,148

Investment Overview

The Azzi Group of Marcus and Millichap, as the exclusive listing agent is pleased to present the opportunity to acquire 1119 South Rexford Drive, a seven-unit multifamily investment opportunity located in the supply constrained Pico/Robertson submarket of Los Angeles.

Investment Highlights

  • Excellent Unit Mix Composed of One and Two-Bedroom Units.
  • Seismic Retrofit has Been Completed!
  • Large Units Averaging 878 Square Feet Each!
  • Approximately 60% in Rental Upside Through Renovation - a True Value-Add Opportunity.
  • Property Includes On-Site Parking and Laundry Facilities for Tenants.

Exclusively Listed By

Multifamily

1119 S Rexford Drive

Listing Price: $3,100,000

Cap Rate
2.33%
Number of Units
7
Price/Unit
$442,857
Price/Gross SF
$504.23
Gross SF
6,148

Investment Highlights

  • Excellent Unit Mix Composed of One and Two-Bedroom Units.
  • Seismic Retrofit has Been Completed!
  • Large Units Averaging 878 Square Feet Each!
  • Approximately 60% in Rental Upside Through Renovation - a True Value-Add Opportunity.
  • Property Includes On-Site Parking and Laundry Facilities for Tenants.

Investment Overview

The Azzi Group of Marcus and Millichap, as the exclusive listing agent is pleased to present the opportunity to acquire 1119 South Rexford Drive, a seven-unit multifamily investment opportunity located in the supply constrained Pico/Robertson submarket of Los Angeles.

Exclusively Listed By

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