264 S Rexford Dr — Sale in Beverly Hills, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Beverly Hills, CA 90212
Investment Figures
- Cap rate
- 2.68%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus and Millichap is pleased to present the opportunity to acquire 264 S Rexford Dr, a 4-unit multifamily investment opportunity located in the highly desirable 90212 zipcode of Beverly Hills. Investment Highlights: • Spacious Unit Mix Appeal: Four 2-bedroom, 1-bathroom units cater to families and roommates, supporting strong tenant demand and longer-term occupancy. • On-Site Parking Availability: Features a dedicated surface parking lot, providing added convenience for tenants and a competitive advantage in a high-density area. • Prime Beverly Hills Location: Situated in a highly desirable neighborhood, offering strong tenant demand and long-term appreciation potential. • Proximity to Key Amenities: Located near premier dining, retail, and employment hubs, supporting strong occupancy and rental growth.
Market Context
This multifamily in Beverly Hills, CA is listed for sale. It is offered at an approximate 2.7% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 100 days. Compare it against other multifamily listings for sale in Beverly Hills, CA — view the full market.
As of Q1 2026, the Greater Los Angeles multifamily market showed average asking rents near $2333.00/unit/mo, and cap rates around 5.0%. Source: multiple brokerage reports, Q1 2026.
Its 2.7% asking cap rate is below the Greater Los Angeles multifamily market average of about 5.0%, reflecting premium pricing relative to comparable assets.
Multifamily market FAQ
- What is the typical cap rate for multifamily in Greater Los Angeles?
- About 5.0% as of Q1 2026, per multiple brokerage reports.
Contact
- Tony Azzi · (310) 909-5454 · tony.azzi@marcusmillichap.com
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