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158 S ELM Drive

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158 S ELM Drive | Beverly Hills, CA


5,386 SQ.FT.

THERE WILL BE 3 EMPTY UNITS AT ELM ON OR BEFORE JANUARY 30, 2019. IMMEDIATE MARKET RENT OPPORTUNITY FOR A BUYER.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.
Listing Provided by Brice Head, Marcus & Millichap

Based on information from California Regional Multiple Listing Service, Inc. as of February 8, 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.