369 S Elm Dr - Apartments FOR SALE


Beverly Hills, CA 90212
$3,150,000 USD
310-658-4525
369 S Elm Dr, Beverly Hills, CA for Sale
$3,150,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

369 S Elm Dr
Beverly Hills, CA 90212


HIGHLIGHTS

  • Located on the corner of Olympic Blvd and Elm Dr in Beverly Hills.
  • Two large 3-bedroom, 2-bath units currently producing rental income.
  • Steps from South Beverly Drive shops, dining destinations, and world-renowned Rodeo Drive.
  • Zoning (BHY4) offers the opportunity to add an accessory dwelling unit (buyer to verify).
  • Convenient access to major corridors including Wilshire Blvd and Santa Monica Blvd, with LAX less than 11 miles away.

OVERVIEW

Located on the corner of Olympic Blvd and Elm Dr., this exceptional duplex features two expansive 3-bedroom, 2-bath units, each exceeding 2,400 square feet and currently generating $4,600 per month per unit. The generous floor plans and strong in-place income create a compelling opportunity for both investors and potential owner-users. The property offers significant upside potential through strategic updates, rental repositioning, or the possibility of adding an ADU (buyer to verify). Its prime Beverly Hills location, just moments from South Beverly Drive’s renowned restaurants and boutiques as well as Rodeo Drive, supports long-term desirability and consistent rental demand. This is a rare opportunity to acquire a substantial duplex in one of the most sought-after neighborhoods. Do not disturb tenants. Showings by appointment only. Broker/Agent does not guarantee the accuracy of bedroom/bathroom count, square footage, lot size, or other information regarding the condition or features of the property. Buyer and Buyer’s Agent to independently verify all information.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$652 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,575,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

BHY4

APN/PARCEL ID

4331-010-015

ASK ABOUT THIS PROPERTY

Yar MeshkatyColdwell Banker RealtyMore Info
310-658-4525

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Yar MeshkatyColdwell Banker RealtyMore Info
310-658-4525

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.