MLS® ID: 18-380176

158 S Elm Dr

Beverly Hills, California, 90212

$3,999,000 Active
  • 5386 SQFT
THERE WILL BE 3 EMPTY UNITS AT ELM ON OR BEFORE JANUARY 30, 2019. IMMEDIATE MARKET RENT OPPORTUNITY FOR A BUYER.One of the highest-profile and most sought-after locations in the world! Excellent "walkability" to the best that Beverly Hills has to offer, The Golden Triangle. 4 of the 6 units extensively and conscientiously rehabbed; modern "finish" while maintaining the building's vintage character. Three units may be delivered vacant meaning an immediate 'market rent opportunity'. Almost 5,400 rentable square feet - spacious units with large living room, dining rooms and built-ins. Steady, bond-like annual yield, as well as capital appreciation and tax write-offs for an investor...Seller's preference is to be cashed out via cash or cash-to-new loan; however, Seller may consider carrying a 50%-60% LTV first trust deed. Considered on an offer-by-offer basis.
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Listing courtesy of Marcus & Millichap

Amenities

  • Zip
    90212
  • Office name
    Marcus & Millichap
  • SQFT
    5386
  • Bedrooms
    0
  • Property type
    Residential Income
  • Zoning type
    BHR4YY
  • Year built
    1938
  • Lot size
    6070
  • Heating
    Wall
  • Tax year
    0
  • Agent name
    Brice Head
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    5000-7000 sq ft.
  • Area
    Beverly Hills
  • Year Built Range
    1989 (and earlier)
  • Office ID
    X7515103
  • Agent ID
    C128981

Location

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