Active

253 S Elm DR

BEVERLY HILLS CA, 90212

$2,875,000


$710.05 per sqft

Active

7 Beds

8 Baths

4,049 sqft

Multi-family

Built in 1936

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.

SR24189774MR

MLS ID

August 29, 2024

Listed

October 2, 2024

Updated

Map

253 S Elm DR
BEVERLY HILLS CA, 90212

Interior Features

Total Stories

2


Bedrooms

7


Total Bathrooms

8


Laundry Description

Dryer, Dryer Included, Inside, Washer, Washer Included


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.14 Acres


Sewer

Unknown

Other Property Details

Area Name

Beverly Hills


Days on Market

2


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

Listed by Justin Seigel with ADR/Preferred Bus.Prop
Listing Contact: 818-599-6466 

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 Desirée Lapin 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 10/2/2024

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