Located in the heart of Beverly Hills just south of Wilshire Boulevard, 344 S. Elm Drive offers a rare opportunity to acquire a well-maintained six-unit apartment building in one of the most sought-after rental markets in Los Angeles. The property features an attractive unit mix of three (1BD/1BA), two (2BD/2BA),… Read More and one (3BD/2BA) residences many of which boast spacious, light-filled interiors, hardwood flooring, separate dining rooms, and both front and rear entrances. Recent capital improvements include soft-story seismic retrofit, new HVAC systems, updated water heaters, attic insulation, and exterior paint, providing peace of mind and reduced near-term maintenance costs. Two units will be delivered vacant at the close of escrow, presenting an immediate opportunity for an investor or owner-user to capture significant rental upside in a prime Beverly Hills location. Conveniently positioned near Rodeo Drive, Beverly Drive, and the Golden Triangle, residents enjoy easy access to world-class shopping, dining, and entertainment, along with the prestige and stability of the Beverly Hills School District. Read Less
Courtesy of eXp Realty of Greater Los Angeles 888-652-1314
Listing Snapshot
Days Online
16
Last Updated
Property Type
Other
Beds
10
Square Ft.
6,962
Lot Size
0.14 Acres
Year Built
1955
MLS Number
25608131
30 Days Snapshot Of 90212
$3.00M
+6%
(avg) sold price
6
+50%
homes sold
97
+115%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Washer, Range/Oven, Dryer
Building
6,962 sq ft, Built in 1955, Levels: One
Cooling
Wall Unit(s)
Disclosures
None
Floors
Hardwood
Garage
Carport
Heating
Wall
Laundry
Community
Lot
LotAcreage: 0.1393, LotSizeArea: 6,070
Parking
TotalParking: 6
Property
NumberOfUnits: 6, Zoning: BHR4*
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