157 S Elm Drive, Beverly Hills, CA 90212

$2,730,000
6
BD
5
BA
5,012
SqFt

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Sold Price
$2,730,000
List Price
$2,999,000
Closing Date
Jan 06, 2025
Status
CLOSED
MLS#
24434723
Year Built
1958
Bedrooms
6
Bathrooms
5
Living Sq. Ft
5,012
Lot Size
6,070
Acres
0.14
Days on Market
48
Property Type
Multifamily
Stories
Two Levels

Property Description

This rare investment opportunity is in a Prime location in the heart of Beverly Hills. The Property is just minutes from the world-famous Rodeo Drive. With convenient access to world-class shopping, dining, and entertainment options you truly experience the essence of upscale living at its finest. This exquisitely maintained Triplex building features 3 luxury apartments that are updated with new kitchens, high-end appliances as well as abundant cabinet and closet spaces. UNIT 1: 2/2 The upstairs apartment is currently rented at $5250/month. Natural light floods through the extra-large windows creating a bright and inviting ambiance. Enter through your private entrance up the elegant staircase to your sanctuary. Cozy up by the fireplace in the spacious layout of the living area adorned with wood floors that flow seamlessly into the family room with a spacious den for an open concept. The 2 large bedrooms feature ample closet space as well as a powder room. The primary bath suite with a modern soaking tub and shower. Unit 2: 2/2 This exquisite ground-floor luxury apartment is rented at $4500/month and boasts elegance with natural light and a fireplace. Open living concept with large family and living room plus open den and a modern kitchen with ample cabinet space. Custom closets in both bedrooms and a fully updated master bath. Units 3: 1/1 unit rented for $1441/mo.Front door access and secured back gate entrance. Parking is a breeze with a remote-operated private large 2-car garage with EV chargers and extra storage as well as street parking permits available. A spacious private courtyard with lush landscaping and cozy outdoor furniture ideal for barbeque and relaxation.Separate storage and laundry room. The roof was replaced this year. Quiet neighborhood centrally located in proximity to a top-rated school district. Incredible opportunity to own income property in prestigious Beverly Hills. 100% tenant occupied. Call the Agent for any additional information. Access to property with accepted offer only. DO NOT DISTURB TENANTS

Additional Information

Appliances
Microwave, Oven
Fireplace Description
Family Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Patio
Open, Patio
Garage Spaces Total
3
School District
Beverly Hills Unified
Interior Features
Ceiling Fan(s)
Attached Structure
Detached
Number Of Units Total
3

Listing courtesy of Listing Agent: Evelyn Reyes (EvelynReyes1969er@gmail.com) from Listing Office: Coldwell Banker Realty.

Listing sold by Brandon Shooshani from Vision Realty, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.