• Off Market | 158 S ELM Drive Beverly Hills, CA 90212 0
  • Off Market | 158 S ELM Drive Beverly Hills, CA 90212 1
  • Off Market | 158 S ELM Drive Beverly Hills, CA 90212 2
  • Off Market | 158 S ELM Drive Beverly Hills, CA 90212 3
  • Off Market | 158 S ELM Drive Beverly Hills, CA 90212 4
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158 S ELM Drive

Beverly Hills, CA 90212

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  • 0.14 Acres
Closed
 
Rhonda Scott
Real Estate Group
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Description

THERE WILL BE 3 EMPTY UNITS AT ELM ON OR BEFORE JANUARY 30, 2019. IMMEDIATE MARKET RENT OPPORTUNITY FOR A BUYER.One of the highest-profile and most sought-after locations in the world! Excellent "walkability" to the best that Beverly Hills has to offer, The Golden Triangle. 4 of the 6 units extensively and conscientiously rehabbed; modern "finish" while maintaining the building's vintage character. Three units read more may be delivered vacant meaning an immediate 'market rent opportunity'. Almost 5,400 rentable square feet - spacious units with large living room, dining rooms and built-ins. Steady, bond-like annual yield, as well as capital appreciation and tax write-offs for an investor...Seller's preference is to be cashed out via cash or cash-to-new loan; however, Seller may consider carrying a 50%-60% LTV first trust deed. Considered on an offer-by-offer basis.

Key Details

Property Info

  • Cost: $3,999,000
  • Property Sub-Type: Residential Income
  • Built In: 1938
  • Acres: 0.1393
  • MLS #: 18380176

Location

158 S ELM Drive Beverly Hills, CA 90212
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Major Area

Beverly Hills

Beverly Hills is a city in California's Los Angeles County. Home to many Hollywood stars, it features the upscale shopping street of Rodeo Drive. The expansive Beverly Gardens Park has fountains and rose gardens, plus an illuminated Beverly Hills sign. The 1920s Greystone Mansion is the backdrop for many films. Known as a celebrity haunt, The Beverly Hills Hotel is set in tropical gardens and has a poolside cafe.

Agent

Rhonda Scott
Real Estate Group
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Listing Providers

This listing is courtesy of the listing agent Brice Head (#CLW-C128981), with the office Marcus & Millichap.

Copyright 2019 California Regional Multiple Listing Service (CRMLS). The information is being provided by California Regional Multiple Listing Service. This information is believed to be accurate but is not guaranteed Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of California Regional Multiple Listing Service. Last updated on May 24th, 2019.

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Rhonda Scott
Real Estate Group
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Rhonda Scott

Rhonda Scott

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