Price Reduction
Address
348 South Elm Drive Beverly Hills, CA
Price
$ 4,500,000
Property Attributes
  • MLS#0020643376
  • TypeIncome
  • CountyLOS ANGELES
  • CityBeverly Hills
  • AreaBeverly Hills
  • Zip90212
  • Style
  • Price$ 4,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,663 SqFt
Listing Provided Courtesy Of:
David Ballin Kaufman
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.

Price History
10/8/2020 Listed $4,750,000
11/5/2020 4% - $4,600,000
11/24/2020 3% - $4,500,000

General Features

MLS Area C01 - Beverly Hills
Parking Features Attached Carport
Senior Community Y/N No
Zoning BHR4*

Interior Features

Kitchen Appliances Range, Gas Oven, Gas Cooktop, Microwave
Total Stories 2

Exterior Features

Land Lease Type Fee
Lot Size Acres 0.13
Lot Size Area 6071.0
Lot Size Square Feet 6071.0
Lot Size Units Square Feet
Numberofunitsbuildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90212

Price
AVG $4.26M
$4.5M
Year Built
AVG 1944
1954

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