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253 S Elm Drive

Beverly Hills, CA 90212

– beds
– baths
– sqft
6,073 sqft lot
1936 build
– on site

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.

Listed By CRMLS_CA / Justin Seigel / ADR/Preferred Bus.Prop / 818-599-6466

Last checked: Checking… • Last updated Nov 22, 2024 •

MLS# SR24189774 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1936
Year Built Source:

Public Records
New Construction:

No
Building Area Total:

4049.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

1
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

4
# of Separate Electric Meters:

4

Interior

Levels:

Two
Entry Location:

Front
Fireplace:

No
Fireplace:

None
Laundry:

Dryer Included, Inside, Washer Included
Laundry:

1

Location

Directions:

Main Streets: Between Wilshire and Olympic bordered by Beverly and Doheny.
Latitude:

34.06305000
Longitude:

-118.39517300

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Zoning:

BHR4YY
Lot Features:

Front Yard
Lot Size Area:

6073.0000
Lot Size Acres:

0.1394
Lot Size SqFt:

6073.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

7009.02
Tax Tract:

6380
Tax Lot:

1594

The Listing

Special Listing Conditions:

Standard
Parcel Number:

4331009015

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Unknown
Water Source:

Other

The Community

Features:

Sidewalks
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking:

Yes
Parking:

Garage
Parking Spaces:

4.00
Garage Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/22/24 Nov 22, 2024	Price Changed	CRMLS_CA	$2,725,000	-5.2%
9/12/24 Sep 12, 2024	Listed / Active	CRMLS_CA	$2,875,000

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This multifamily located in West Los Angeles, Beverly Hills, CA 90212 is currently for sale for $2,725,000. 253 S Elm Drive is a – square foot multifamily with – beds and – baths that has been on Estately for 103 days. 253 S Elm Drive is in the West Los Angeles neighborhood of Beverly Hills and has a WalkScore® of 89, making it very walkable. This multifamily is in the attendance area of Beverly Vista Elementary School and Beverly Hills High School.

Listing Courtesy of: CRMLS_CA and ADR/Preferred Bus.Prop. Based on information from California Regional Multiple Listing Service, Inc. as of 10:40 on Dec 24.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.