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157 Elm Drive
Beverly Hills, CA 90212
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
PROPERTY INFORMATION
| MLS # | 24434723 | Lot Size | 6,070 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 2,999,000
Price Per SqFt: $ 598 |
DOM | 230 Days |
| Address | 157 Elm Drive | Type | Residential Income |
| City | Beverly Hills | Sq.Ft. | 5,012 Sq. Ft. |
| Postal Code | 90212 | Garage | 2 |
| County | Los Angeles | Year Built | 1958 |
| Bed / Bath | 6 / 0 | Parking | 3 |
| Built In | 1958 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Community |
| Has Fireplace | Yes |
| Fireplace Information | Family Room |
| Has Appliances | Yes |
| Kitchen Appliances | Microwave, Oven |
| Kitchen Information | Remodeled Kitchen |
| Has Heating | Yes |
| Heating Information | Central |
| Room Information | Den |
| Has Cooling | Yes |
| Cooling Information | Central Air |
| Flooring Information | Wood, Carpet |
| InteriorFeatures Information | Ceiling Fan(s) |
| EntryLocation | Ground Level w/steps |
| Bathroom Information | Remodeled, Shower in Tub |
EXTERIOR FEATURES
| Has Patio | Yes |
| Patio | Patio Open |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $3,199
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 09/16/2024 | Listed | $3,125,000 |
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Listing provided courtesy of Evelyn Reyes, Coldwell Banker Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
