157 S Elm Drive

Beverly Hills, CA 90212

PRICE REDUCED

arrow_downward
-$126,000 (-4.03%)

$2,999,000

List Price

6

bed Beds

5

shower Baths

5,012 sqft

straighten / sqft

1958

calendar_month Built

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

Listing Information

List Price $2,999,000
Status Active
MLS 24434723
Type Residential Income
Year Built 1958
Lot Size 6,070
Structure Size 5,012
DOM 44
Courtesy Of Coldwell Banker Realty
Listing Agent Evelyn Reyes DRE#02151336

Interior Features

Laundry Information
Location(s) Common Area
Kitchen Information
Features Remodeled, Updated Kitchen
Total Bedroom
Bedrooms 6
Bathroom Information
Features Remodeled, Tub Shower
Total Bathroom
Bathrooms 5
Flooring Information
Material Carpet, Wood
Fireplace Information
Features Family Room
Additional Information
Additional Features Ceiling Fan(s)
Cooling Type
Cooling Type Central Air

Exterior Information

Other Structures
Features Open, Patio

Maps

Listing information courtesy of: Evelyn Reyes, Coldwell Banker Realty 323-738-7279. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 28th, 2024 at 3:07 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.