Active
253 S Elm Drive
Beverly Hills CA, 90212
$2,725,000
$673.01 per sqft
Active
4,049 sqft
Multi-family
Built in 1936
Listed by Justin Seigel with ADR/Preferred Bus.Prop 818-599-6466
Just reduced! 253 S Elm is a prime investment opportunity in the coveted Beverly Hills neighborhood. Located just a few blocks from Wilshire Blvd, this fourplex offers close proximity to Beverly Hills' premier shopping, dining, and entertainment destinations. The property consists of three spacious 2-bedroom, 2-bath units and one well-appointed 1-bedroom, 2-bath unit, all with substantial upside potential.
*We anticipate that we can deliver one 2-bed unit vacant. Date TBD.
A detached four-car garage at the rear provides an excellent opportunity for additional income through ADU conversions (buyer to verify). Each unit is thoughtfully designed with open floor plans, individual gas and electric meters, central air and heating, and in-unit washer/dryers.
The property's strategic location within the growing and highly sought-after Beverly Hills rental market ensures continued strong demand. Tenants enjoy easy access to upscale businesses, renowned dining options, and major employment centers.
253 S Elm is available individually or as a package with the nearby fourplex at 148 S Maple, offering expanded investment possibilities.
Contact for OMs.
DISCLAIMER: The broker and broker's agents do not guarantee the accuracy of square footage, bedroom/bathroom counts, lot size, or dimensions. Buyers are strongly advised to conduct their own independent investigations to verify all information. This includes inspections and consultations with appropriate licensed professionals. Prior to closing escrow, buyers should ensure all aspects of the property meet their satisfaction through thorough verification.
SR24189774
MLSⓇ ID
September 12, 2024
Listed
January 14, 2025
Updated
Map
253 S Elm Drive
Beverly Hills CA, 90212
Interior Features
Total Stories
2
Appliances
Dryer, Washer
Laundry Description
Inside
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.14 Acres
Lot Features
Front Yard
Sewer
Unknown
Other Property Details
Area Name
C01 - Beverly Hills
Days on Market
123
Garage
Yes
Garage Spaces
4
Parking
Garage
Parking Total
4
View
No
County
Los Angeles
Water Source
Other
Pool
No
Pool Features
None
Zoning
BHR4YY
Listing History
Date | Event | Price |
---|---|---|
11/22/2024 | Price change | $2,725,000 -6% |
Listing Contact: 818-715-0965
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/14/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 1/14/2025 at 1:51 AM UTC