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$2,725,000
Est. payment /mo
6,073 Sqft Lot
UPDATED:
11/22/2024 10:46 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR24189774
Originating Board California Regional MLS
Year Built 1936
Lot Size 6,073 Sqft
Property Description
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 on or before December 15th. 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/bathro
Location
State CA
County Los Angeles
Area C01 - Beverly Hills
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Other, Washer, Dryer
Exterior
Parking Features Garage
Garage Spaces 4.0
Pool 31, None
Building
Sewer TBD
Others
Tax ID 4331009015
Special Listing Condition Not Applicable
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Listed by Justin Seigel • ADR/Preferred Bus.Prop