NOT LISTED FOR SALE

144 S Elm Dr Beverly Hills, CA 90212

8 Beds
8 Baths
6,468 Sq Ft
6,070 Sq Ft Lot

Last Sold December 02, 2022

Last sale price $3,500,000 $541 Per Sq Ft

261 Days on Market

About This Home

As of December 2022

**Please Download Offering memorandum** Concord is pleased to present 144 South Elm Drive, a rare, generational multifamily, Pride of Ownership investment opportunity in the heart of Beverly Hills. Located less than 600 feet from the iconic Golden Triangle, and within short walking distance to the most luxurious retailers, bars and restaurants that Beverly Hills has to offer. Rents are well below market rate, providing tremendous upside to a prospective investor, with some rents being more than 70% below prevailing market rates. Spacious and roomy units, with each One (1) Bedroom unit being over 750 Square Feet. Five (5) Parking spots in the rear, which is rare in the immediate area and can provide additional income. 6,468 Square Foot Building, situated on a 6,070 Square Foot Lot.

Last Agent to Sell the Property

Yoav Sarraf

Concord Real Estate Service License #01856362 Listed on: 03/08/2022

Last Buyer's Agent

Yoav Sarraf

Concord Real Estate Service License #01856362 Listed on: 03/08/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 6,070

Home Design

  • 6,468 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry in Garage
  • Dryer

Parking

  • 5 Parking Spaces
  • Carport

Additional Features

  • Freezer
  • 6,070 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units
  • Rent Control

Listing and Financial Details

  • The owner pays for electricity, gas, water, gardener
  • Assessor Parcel Number 4331-013-035

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 6468
  • Lot Acreage: 0.1393
  • Price Per Unit: 512500.00
  • Year Built: 1930
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Laundry: Garage
  • Total Bathrooms: 8.00
  • Equipment: Dryer, Freezer
  • Price Per S Q F T: 556.59

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport, Covered Parking
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall Gas
  • Water Heaters: Yes

Lot Info

  • Assessor Parcel Number: 4331-013-035
  • Lot Size Area: 6070

Rental Info

  • Owner Pays: Electricity, Gas, Water, Gardener
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 17.30
  • Number Of Units: 8
  • Rent Control: 100
  • Total Annual Expense: 65000
  • Type Of Units: 1 Bed
  • Vacancy Rate: 2

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $3,500,000 -2.8% $541 / Sq Ft
11/24/2022 11/24/22 Pending -- -- --
11/17/2022 11/17/22 Price Changed $3,599,999 0.0% $557 / Sq Ft
11/17/2022 11/17/22 For Sale $3,599,999 +2.9% $557 / Sq Ft
08/11/2022 08/11/22 Off Market $3,500,000 -- --
06/15/2022 06/15/22 Price Changed $3,799,999 -2.6% $588 / Sq Ft
05/26/2022 05/26/22 Price Changed $3,899,999 -2.5% $603 / Sq Ft
05/20/2022 05/20/22 Price Changed $3,999,991 0.0% $618 / Sq Ft
03/10/2022 03/10/22 Price Changed $3,999,999 -2.4% $618 / Sq Ft
03/08/2022 03/08/22 For Sale $4,099,000 -- $634 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Yoav Sarraf

    Seller's Agent in 2022

    Yoav Sarraf

    Concord Real Estate Service

    (310) 551-0660

    1 in this area

    3 Total Sales

    Yoav Sarraf
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Map

Source: The MLS

MLS Number: 22-134651

The MLS

California Los Angeles County Beverly Hills 90212

144 S Elm Dr, Beverly Hills, CA

This home is located at 144 S Elm Dr, Beverly Hills, CA 90212 since 08 March 2022. This property was built in 1930. 144 S Elm Dr is a home located in Los Angeles County with nearby schools including Beverly Vista Elementary School, Beverly Hills High School, and Harkham Hillel Hebrew Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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