$3,500,000

344 S Elm Dr Beverly Hills, CA 90212

Estimated payment $22,002/month

10 Beds
9 Baths
6,962 Sq Ft
$503 Price per Sq Ft

Highlights

  • Wood Flooring
  • Beverly Vista Elementary School Rated A
  • Laundry Facilities

About This Home

Located in the heart of Beverly Hills just south of Wilshire Boulevard, 344 S. Elm Drive offers a rare opportunity to acquire a well-maintained six-unit apartment building in one of the most sought-after rental markets in Los Angeles. The property features an attractive unit mix of three (1BD/1BA), two (2BD/2BA), and one (3BD/2BA) residences many of which boast spacious, light-filled interiors, hardwood flooring, separate dining rooms, and both front and rear entrances. Recent capital improvements include soft-story seismic retrofit, new HVAC systems, updated water heaters, attic insulation, and exterior paint, providing peace of mind and reduced near-term maintenance costs. Two units will be delivered vacant at the close of escrow, presenting an immediate opportunity for an investor or owner-user to capture significant rental upside in a prime Beverly Hills location. Conveniently positioned near Rodeo Drive, Beverly Drive, and the Golden Triangle, residents enjoy easy access to world-class shopping, dining, and entertainment, along with the prestige and stability of the Beverly Hills School District.

Listing Agent

Drew Glickman

eXp Realty of Greater Los Angeles License #01493846 Listed on: 10/18/2025

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,070 Sq Ft Lot

Interior Spaces

  • 6,962 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Carport

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 4331-011-024

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 6962
  • Lot Acreage: 0.1393
  • Stories: 2
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 10
  • Laundry: Community
  • Total Bathrooms: 9.00
  • Equipment: Washer, Range/Oven, Dryer
  • Price Per S Q F T: 502.73

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 6

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 48.78
  • Assessed Improvement Value: 163900
  • Assessed Land Percent: 51.22
  • Assessed Land Value: 172077
  • Total Assessed Value: 335977
  • Assessor Parcel Number: 4331-011-024
  • Lot Size Area: 6070

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 16.81
  • Number Of Units: 6
  • Type Of Units: gARDEN
  • Vacancy Allow Percent: 5.00

Map

Range of Values:

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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 List to Sale Price per Sq Ft
10/18/2025 10/18/25 For Sale $3,500,000 -- $503 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25608131

The MLS