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    348 S Elm Dr

    Beverly Hills, CA 90212
    • $4,500,000
    • STATUS: Active
    • ON SITE: 52 days
    • ID#: 20-643376
    Price Reduced
    UPDATED: 62 min ago
    $4,500,000
    • 10
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,835
      SQFT
    • $658
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    This opportunity allows for a new investor to own in a densely populated submarket, with a high barrier to entry, and rising rents. With vacancies at multi year lows, an owner may take advantage of significant upside in rental income, no rent concessions, stabilized income, and no loss to lease.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-29T13:42:22.127. 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.
    www.trulinerealty.com/homes/110788338
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    348 S Elm Dr Beverly Hills, CA 90212

    • Price: $4,500,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: 20-643376
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    6,835
    SQFT
    $658
    $/SQFT
    1954
    Built
    Neighborhood:
    Beverly Hills
    County:
    Los Angeles
    Area:
    Beverly Hills
    Property Description
    This opportunity allows for a new investor to own in a densely populated submarket, with a high barrier to entry, and rising rents. With vacancies at multi year lows, an owner may take advantage of significant upside in rental income, no rent concessions, stabilized income, and no loss to lease.
    Exterior Features

    Carport Spaces Total 4 Direction Faces West Lot Size Area 6071 Other Structures None Parking Garage Carport Attached Total Parking 6 Water Frontage None

    Interior Features

    Baths Total 11.00 Common Walls Attached Cooking Appliances RangeOven-GasCooktop - GasMicrowave Cooling Other Equipment WasherDryer Heating Other Laundry In Unit

    Property Features

    Assessed Total Value 3400000 Gross Income 226452 Gross Operating Income 219658 Like Units1 3 Like Units2 2 Like Units3 1 Net Operating Income 145349.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 74309 Type Of Units 1+1;2+2;3+2 Year Built Source Vendor Enhanced Zoning Bhr4*

    Listing provided courtesy of David Kaufman DRE#01217537 of David Ballin Kaufman.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-29T13:42:22.127. 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.
     
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    TruLine Realty
    8644 Wilshire Blvd. Suite 204
    Beverly Hills CA, 90211