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.
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.
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.
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:
$2,725,000
MLS #:
SR24189774
Status:
Active Under Contract
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
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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
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253 S Elm Drive
Beverly Hills, CA
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