Beverly Hills, CA 90212,344 S Elm Drive
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Beverly Hills, CA 90212,344 S Elm Drive
Beverly Hills, CA 90212,344 S Elm Drive
Beverly Hills, CA 90212,344 S Elm Drive
Beverly Hills, CA 90212,344 S Elm Drive
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$ 3,398,000
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344 S Elm Drive Beverly Hills, CA 90212

6,962 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,962 sqft

Price per Sqft $488

MLS Listing ID CL25608131

HOA Y/N No

Year Built 1955

Lot Size 6,070 Sqft

Acres 0.14

Property Sub-Type Other

Property Description

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), 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.

Location

State CA

County Los Angeles

Zoning BHR4

Interior

Heating Wall Furnace

Flooring Wood

Fireplace No

Appliance Dryer

Laundry Common Area, Dryer, Washer

Building

New Construction No

Others

Tax ID 4331011024


Bridge MLS
Listed by Drew Glickman • eXp Realty of Greater Los Angeles
Sandra Lucas

Sandra Lucas

Broker Associate | License ID: 01496944

+1(925) 464-8400

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344 S Elm Drive