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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$3,500,000

Est. payment - /mo

10 Beds

9 Baths

6,962 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,962 sqft

Price per Sqft $502

MLS Listing ID 25608131

Bedrooms 10

HOA Y/N No

Year Built 1955

Lot Size 6,067 Sqft

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

Area C01 - Beverly Hills

Zoning BHR4*

Interior

Heating Wall Furnace

Flooring Wood

Fireplace No

Appliance Dryer, Washer

Laundry Common Area

Exterior

Parking Features Carport

Total Parking Spaces 6

Building

Story 2

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4331011024

Special Listing Condition Standard

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Listed by Drew Glickman eXp Realty of Greater Los Angeles

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344 S Elm DR Beverly Hills, CA 90212