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
Property listed by eXp Realty of Greater Los Angeles, Drew Glickman 888-652-1314
Listing Snapshot
Days Online
33
Last Updated
Beds
10
Square Ft.
6,962
Lot Size
0.14 Acres
Year Built
1955
MLS Number
25608131
Additional Details
Appliances & Equipment
Dryer, Washer
Building
Built in 1955, Living area: 6962.0, 1 building, 2 stories, Levels: One
Floors
Wood
Heating
WallFurnace
Income
Gross Income: $241,200, Net Operating Income: $168,550
Laundry
CommonArea
Lot
0.1393 acres
Parking
6 total parking spaces, Carport
Taxes
Parcel Number: 4331011024, Zoning: BHR4*
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
