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$2,999,000

Est. payment - /mo

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6 BD

5 BA

5,012 SqFt

Price Dropped by $126K

157 S Elm DR Beverly Hills, CA 90212

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Nicole Parent

realtornicoleparent@gmail.com +1(559) 930-7171

UPDATED:

10/28/2024 03:07 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,012 sqft

Price per Sqft $598

MLS Listing ID 24434723

Bedrooms 6

HOA Y/N No

Year Built 1958

Lot Size 6,067 Sqft

Property Description

This rare investment opportunity is in a Prime location in the heart of Beverly Hills. The Property is just minutes from the world-famous Rodeo Drive. With convenient access to world-class shopping, dining, and entertainment options you truly experience the essence of upscale living at its finest. This exquisitely maintained Triplex building features 3 luxury apartments that are updated with new kitchens, high-end appliances as well as abundant cabinet and closet spaces. UNIT 1: 2/2 The upstairs apartment is currently rented at $5250/month. Natural light floods through the extra-large windows creating a bright and inviting ambiance. Enter through your private entrance up the elegant staircase to your sanctuary. Cozy up by the fireplace in the spacious layout of the living area adorned with wood floors that flow seamlessly into the family room with a spacious den for an open concept. The 2 large bedrooms feature ample closet space as well as a powder room. The primary bath suite with a modern soaking tub and shower. Unit 2: 2/2 This exquisite ground-floor luxury apartment is rented at $4500/month and boasts elegance with natural light and a fireplace. Open living concept with large family and living room plus open den and a modern kitchen with ample cabinet space. Custom closets in both bedrooms and a fully updated master bath. Units 3: 1/1 unit rented for $1441/mo.Front door access and secured back gate entrance. Parking is a breeze with a remote-operated private large 2-car garage with EV chargers and extra storage as well as street parking permits available. A spacious private courtyard with lush landscaping and cozy outdoor furniture ideal for barbeque and relaxation.Separate storage and laundry room. The roof was replaced this year. Quiet neighborhood centrally located in proximity to a top-rated school district. Incredible opportunity to own income property in prestigious Beverly Hills. 100% tenant occupied. Call the Agent for any additional information. Access to property with accepted offer only. DO NOT DISTURB TENANTS

Location

State CA

County Los Angeles

Area C01 - Beverly Hills

Zoning BHR4YY

Rooms

Ensuite Laundry Common Area

Interior

Interior Features Ceiling Fan(s)

Laundry Location Common Area

Heating Central

Cooling Central Air

Flooring Carpet, Wood

Fireplaces Type Family Room

Fireplace Yes

Appliance Microwave, Oven

Laundry Common Area

Exterior

Garage Door-Multi, Garage, Garage Door Opener, Private

Garage Spaces 3.0

Garage Description 3.0

Porch Open, Patio

Parking Type Door-Multi, Garage, Garage Door Opener, Private

Total Parking Spaces 3

Building

Entry Level Two

Level or Stories Two

New Construction No

Schools

School District Beverly Hills Unified

Others

Senior Community No

Tax ID 4331008012

Special Listing Condition Standard

Listed by Evelyn Reyes • Coldwell Banker Realty

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

Nicole Parent

157 S Elm DR Beverly Hills, CA 90212

Nicole Parent

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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157 S Elm DR