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121 Elm Drive, Beverly Hills, CA 90212
Priced at Only: $6,750,000
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Address: 121 Elm Drive, Beverly Hills, CA 90212
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  • MLS#: 26659805 ( )
  • Street Address: 121 Elm Drive
  • Viewed: 1
  • Price: $6,750,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1928
  • Bldg sqft: 0
  • Days On Market: 18
  • Additional Information
  • County: LOS ANGELES
  • City: Beverly Hills
  • Zipcode: 90212
  • Provided by: REMAX COMMERCIAL & INVESTMENT REALTY
  • Contact: Jacob Jacob
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    CALL FOR OFFERS DUE THURSDAY MARCH 26th 5PM PST. This incredibly rare 5.11% cap rate multifamily asset at 121 S Elm Drive is just steps from the Golden Triangle of Beverly Hills. Originally built in 1928, the building boasts 16 single units. All of these units are extremely spacious, have a terrific floor plan, and offer an abundance of natural light. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long term dividends to a savvy investor looking for prime real estate that is completely remodeled and available at very good return. A quick walk to Rodeo Drive and the shops of the Golden Triangle this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in the world.
Features
Building Area Total
  1. 8800.00
Country
  1. US
Heating
  1. Central
Levels
  1. Two
Netoperatingincome
  1. 344126.00
Parcel Number
  1. 4331008003
Parking Features
  1. None
Postalcodeplus4
  1. 3358
Sourcesystemkey
  1. 26659805:CLAW
Totalexpenses
  1. 150956.00
Year Built
  1. 1928
Zoning
  1. BHR4YY
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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