253 S Elm Drive

Beverly Hills, CA 90212

About this property

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.

About this property

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.

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$2,725,000 Active
4,049 SQFT

Presented By Coldwell Banker Home Source

Agent Image
Get in touch today! Phone: 1-760-684-8100
License #01902736
Brokerage
ADR/Preferred Bus.Prop 818-715-0965
1-818-715-0965
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

C01 Beverly Hills | Los Angeles County |

$ 2,725,000
This listing is play_arrow 31968.3% higher than the average in the area
$ 8,498 in the area
4,049 SqFt
This listing is play_arrow 89.9% larger than the average in the area
2,133 SqFt in the area
$ 673 $/SqFt
This listing is play_arrow 16724.6% more than the average in the area
$ 4 $/SqFt in the area
93 days on site
This listing is play_arrow 66.1% above the average in the area
56 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School
Listed By Justin Seigel
Brokerage: ADR/Preferred Bus.Prop 818-715-0965

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Coldwell Banker Home Source

Real Estate Links Our Domains