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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$2,725,000

Est. payment - /mo

6,072 Sqft Lot

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UPDATED:

02/20/2025 05:40 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SR24189774

HOA Y/N No

Year Built 1936

Lot Size 6,072 Sqft

Property Sub-Type Quadruplex

Property Description

Just reduced! 253 S Elm is a prime investment opportunity in the coveted Beverly Hills neighborhood. Located just a few blocks from Wilshire Blvd, this fourplex offers close proximity to Beverly Hills' premier shopping, dining, and entertainment destinations. The property consists of three spacious 2-bedroom, 2-bath units and one well-appointed 1-bedroom, 2-bath unit, all with substantial upside potential.

A detached four-car garage at the rear provides an excellent opportunity for additional income through ADU conversions (buyer to verify). Each unit is thoughtfully designed with open floor plans, individual gas and electric meters, central air and heating, and in-unit washer/dryers.

The property's strategic location within the growing and highly sought-after Beverly Hills rental market ensures continued strong demand. Tenants enjoy easy access to upscale businesses, renowned dining options, and major employment centers.

Contact for OMs.

DISCLAIMER: The broker and broker's agents do not guarantee the accuracy of square footage, bedroom/bathroom counts, lot size, or dimensions. Buyers are strongly advised to conduct their own independent investigations to verify all information. This includes inspections and consultations with appropriate licensed professionals. Prior to closing escrow, buyers should ensure all aspects of the property meet their satisfaction through thorough verification.

Location

State CA

County Los Angeles

Area C01 - Beverly Hills

Zoning BHR4YY

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Appliance Dryer, Washer

Laundry Inside

Exterior

Parking Features Garage

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description Front Yard

Story 2

Entry Level Two

Sewer Unknown

Water Other

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4331009015

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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Listed by Justin Seigel • ADR/Preferred Bus.Prop • 818-599-6466

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253 S Elm DR Beverly Hills, CA 90212