253 S Elm Drive, Beverly Hills, CA

$2,725,000

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7

Beds

8

Baths

0.14

Acres

About 253 S Elm Drive

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 propertys 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 brokers 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.

Features of 253 S Elm Drive

MLS® # SR24189774
Price $2,725,000
Bedrooms 7
Bathrooms 8.00
Acres 0.14
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 253 S Elm Drive
City Beverly Hills
County Los Angeles
State CA
Zip Code 90212

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling Central Forced Air
Fireplace Yes
Stories 2 Story

Exterior

Lot Description Sidewalks

Additional Information

Date Listed August 29th, 2024
Days on Market 193
Zoning Public Rec
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeADR/Preferred Bus.Prop

Listing Map

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