121 S ELM DRIVE, BEVERLY HILLS CA 90212

  • 8,800 sq.ft.
  • 6,072 sq.ft. lot
offered at $6,500,000
MLS#:26659805
Status: Active // Property Type:
County: Los Angeles // Year Built: 1928

Property Description

SELLER MOTIVATED !!! CALL FOR OFFERS DUE FRIDAY April 3rd 5PM PST. This incredibly rare 5.35% 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.

Listing Courtesy of Jacob Plewa, REMAX COMMERCIAL & INVESTMENT REALTY

Interior Features

Heating: Central
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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