Under contract

157 S Elm Dr

Beverly Hills CA, 90212

$2,999,000


$598.36 per sqft

Under contract

6 Beds

5 Baths

5,012 sqft

Multi-family

Built in 1958

This rare investment opportunity is in a Prime location in the heart of Beverly Hills. The Property is just minutes from the world-famous Rodeo Drive. With convenient access to world-class shopping, dining, and entertainment options you truly experience the essence of upscale living at its finest. This exquisitely maintained Triplex building features 3 luxury apartments that are updated with new kitchens, high-end appliances as well as abundant cabinet and closet spaces. UNIT 1: 2/2 The upstairs apartment is currently rented at $5250/month. Natural light floods through the extra-large windows creating a bright and inviting ambiance. Enter through your private entrance up the elegant staircase to your sanctuary. Cozy up by the fireplace in the spacious layout of the living area adorned with wood floors that flow seamlessly into the family room with a spacious den for an open concept. The 2 large bedrooms feature ample closet space as well as a powder room. The primary bath suite with a modern soaking tub and shower. Unit 2: 2/2 This exquisite ground-floor luxury apartment is rented at $4500/month and boasts elegance with natural light and a fireplace. Open living concept with large family and living room plus open den and a modern kitchen with ample cabinet space. Custom closets in both bedrooms and a fully updated master bath. Units 3: 1/1 unit rented for $1441/mo.Front door access and secured back gate entrance. Parking is a breeze with a remote-operated private large 2-car garage with EV chargers and extra storage as well as street parking permits available. A spacious private courtyard with lush landscaping and cozy outdoor furniture ideal for barbeque and relaxation.Separate storage and laundry room. The roof was replaced this year. Quiet neighborhood centrally located in proximity to a top-rated school district. Incredible opportunity to own income property in prestigious Beverly Hills. 100% tenant occupied. Call the Agent for any additional information. Access to property with accepted offer only. DO NOT DISTURB TENANTS

24-434723

MLS ID

September 16, 2024

Listed

November 16, 2024

Updated

Map

157 S Elm Dr
Beverly Hills CA, 90212

Interior Features

Total Stories

0


Bedrooms

6


Total Bathrooms

5


Appliances

Alarm System, Ceiling Fan


Laundry Description

Community


Floor Description

Hardwood, Carpet


Fireplace

Yes


Fireplace Description

Family Room


Cooling

Yes


Cooling Description

Wall Unit(s), Air Conditioning, Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.14 Acres

School Information

School District

Beverly Hills Unified School District

Other Property Details

Area Name

Beverly Hills


Days on Market

63


Garage

Yes


Garage Spaces

3


Parking

Garage - 2 Car, Door Opener, Electric Vehicle Charging Station(s), Private Garage


Parking Total

3


View

No


County

Los Angeles


Pool

No


Zoning

BHR4YY

Listing History

Date

Event

Price

11/16/2024

Under contract

10/28/2024

Price change

$2,999,000

-5%

Listed by Evelyn Reyes with Coldwell Banker Realty
Listing Contact: 323-738-7279 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Beachrock Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/16/2024

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