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.
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.
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.
Property Details
Price:
$2,875,000
MLS #:
SR24189774
Status:
Active
Baths:
0
Address:
253 S Elm Drive
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c01beverlyhills
City:
Beverly Hills
Listed Date:
Aug 29, 2024
State:
CA
ZIP:
90212
Lot Size:
6,073 sqft / 0.14 acres (approx)
Year Built:
1936
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Central Air
Fireplace Features
None
Heating
Central
Exterior
Community Features
Sidewalks
Garage Spaces
4.00
Lot Features
Front Yard
Parking Features
Garage
Parking Spots
4.00
Pool Features
None
Sewer
Unknown
Spa Features
None
Stories Total
2
Water Source
Other
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address253 S Elm Drive Beverly Hills CA
- AreaC01 – Beverly Hills
- CityBeverly Hills
- CountyLos Angeles
- Zip Code90212
Similar Listings Nearby
- 1561 Carmelina Avenue
Los Angeles, CA$3,700,000
4.35 miles away
- 1223 N June Street
Los Angeles, CA$3,695,000
4.05 miles away
- 713 N Gramercy Place
Los Angeles, CA$3,695,000
4.93 miles away
- 4533 Pickford Street
Los Angeles, CA$3,655,000
3.62 miles away
- 1237 Amherst Avenue
Los Angeles, CA$3,600,000
4.38 miles away
- 1446 Yale Street
Santa Monica, CA$3,600,000
4.75 miles away
- 3820 Montclair Street
Los Angeles, CA$3,599,000
4.54 miles away
- 858 N Hudson Avenue
Los Angeles, CA$3,599,000
3.98 miles away
- 5832 Camerford Avenue
Los Angeles, CA$3,599,000
4.24 miles away
- 606 N Alta Vista Boulevard
Los Angeles, CA$3,595,000
3.05 miles away
Courtesy of ADR/Preferred Bus.Prop. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
253 S Elm Drive
Beverly Hills, CA
LIGHTBOX-IMAGES