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/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.
DAYS ON MARKET
|
101
|
LAST UPDATED
|
11/22/2024
|
YEAR BUILT
|
1936
|
COMMUNITY
|
Beverly Hills
|
GARAGE SPACES
|
4.0
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
Prior to Nov 22, '24
|
$2,875,000
|
Nov 22, '24 - Today |
$2,725,000 |
AIR |
Central Air |
AIR CONDITIONING |
Yes |
APPLIANCES |
Dryer, Washer |
AREA |
Beverly Hills |
GARAGE |
Garage, Yes |
HEAT |
Central |
LOT |
6073 sq ft |
LOT DESCRIPTION |
Front Yard |
PARKING |
Garage |
POOL DESCRIPTION |
None |
SEWER |
Unknown |
STORIES |
2 |
WATER |
Other |
ZONING |
BHR4YY |
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 12/22/24 6:05 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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