Beverly Hills, CA 90212 157 S Elm Drive
$3,125,000
64 more
Presented By: Evelyn Reyes with Coldwell Banker Realty;
Home Details
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
Presented By: Evelyn Reyes with Coldwell Banker Realty;
Interior Features for 157 S Elm Drive
Bedrooms
Total Bedrooms6
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths5
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace FeaturesFamilyRoom
Fireplace Y/NYes
FlooringCarpet, Wood
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories
General for 157 S Elm Drive
Additional Parcels Y/NNo
AppliancesMicrowave, Oven
Attached Garage No
Carport Y/NNo
CityBeverly Hills
CoolingCentralAir
CountyLos Angeles
Days on Market8
DirectionsBetween Wilshire blvd and Olympic on the South corner of S Elm drive and Charleville
DisclosuresOilRights
Electric Expense373.0
Entry LocationGround Level w/steps
Full Baths
Garage Spaces2.0
Garage Y/NYes
Gross Income147677.0
HeatingCentral
High School DistrictBeverly Hills Unified
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense10226.0
Interior FeaturesCeilingFans
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6070.0
Lot Size UnitsSquareFeet
MLS AreaC01 - Beverly Hills
MaintenanceExpense117.0
MobileHomeRemainsYNNo
Net Operating Income117644.81
New ConstructionNo
NumberOfUnitsTotal3
Patio/Porch FeaturesOpen, Patio
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Taxes$12,909
View Y/NNo
Water Sewer Expense4909.0
Waterfront Y/NNo
Year Built1958
ZoningBHR4YY
Exterior for 157 S Elm Drive
Building Area Total5012.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1393
Lot Size Area6070.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesDoorMulti, Garage, GarageDoorOpener, Private
SpaNo
Total Parking2.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480