158 S Elm Drive

    Beverly Hills, CA 90212
    • $3,999,000
    • STATUS: Active
    • ON SITE: 82 days
    • ID#: 18380176
    UPDATED: 133 min ago
    $3,999,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,386
      SQFT
    • $742
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1938
    County:

    School Ratings & Info

    Description

    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.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-19T00:30:30.353. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/86973035

    158 S Elm Drive Beverly Hills, CA 90212

    • Price: $3,999,000
    • Status: Active
    • Updated: 133 min ago
    • ID#: 18380176
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    5,386
    SQFT
    $742
    $/SQFT
    1938
    Built
    Neighborhood:
    C01 - Beverly Hills
    County:
    Los Angeles
    Area:
    C01 - Beverly Hills
    Property Description
    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.
    Exterior Features

    Lot Features Sprinklers None Lot Size Source Assessor Lot Size Units Square Feet Parking Features Carport Detached Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling None Cooling YN No Laundry Features None

    Property Features

    Gross Multiplier 24.58 Gross Operating Income 162669.00 Improvements Amount 686558 Land Value 1975177 Laundry YN No Net Operating Income 90799.00 Special Listing Conditions Standard Total Expenses 66990.00 Zoning Bhr4yy

    Listing provided courtesy of Brice Head of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-19T00:30:30.353. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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    Irvine CA, 92604