157 S Elm Dr, Beverly Hills, CA 90212
Sale Price: $2,730,000
Sep 13, 20245,012 sqft6 beds5 baths
Listed by: Evelyn Reyes
License #: 02151336
Phone #: 323-738-7279
Coldwell Banker Realty
Source:
MLS #: 24434723
Property Description
This rare investment opportunity is in a Prime location in the heart of Beverly Hills. The Property is just minutes from the world-famous Rodeo Drive. With convenient access to world-class shopping, dining, and entertainment options you truly experience the essence of upscale living at its finest. This exquisitely maintained Triplex building features 3 luxury apartments that are updated with new kitchens, high-end appliances as well as abundant cabinet and closet spaces. UNIT 1: 2/2 The upstairs apartment is currently rented at $5250/month. Natural light floods through the extra-large windows creating a bright and inviting ambiance. Enter through your private entrance up the elegant staircase to your sanctuary. Cozy up by the fireplace in the spacious layout of the living area adorned with wood floors that flow seamlessly into the family room with a spacious den for an open concept. The 2 large bedrooms feature ample closet space as well as a powder room. The primary bath suite with a modern soaking tub and shower. Unit 2: 2/2 This exquisite ground-floor luxury apartment is rented at $4500/month and boasts elegance with natural light and a fireplace. Open living concept with large family and living room plus open den and a modern kitchen with ample cabinet space. Custom closets in both bedrooms and a fully updated master bath. Units 3: 1/1 unit rented for $1441/mo.Front door access and secured back gate entrance. Parking is a breeze with a remote-operated private large 2-car garage with EV chargers and extra storage as well as street parking permits available. A spacious private courtyard with lush landscaping and cozy outdoor furniture ideal for barbeque and relaxation.Separate storage and laundry room. The roof was replaced this year. Quiet neighborhood centrally located in proximity to a top-rated school district. Incredible opportunity to own income property in prestigious Beverly Hills. 100% tenant occupied. Call the Agent for any additional information. Access to property with accepted offer only. DO NOT DISTURB TENANTS
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$37,926
TurboHome Estimated Value
$2,763,700
$551 sqft
High Valuation
$2,901,885
$579/sqft
Normal Valuation
$2,763,700
$551/sqft
Low Valuation
$2,625,515
$524/sqft
3rd Party Estimates
| Source | $/sqft | Valuation |
|---|---|---|
| HouseCanary | $551/sqft | $2,763,700 |
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood
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Comparative Value
$2.25M
$2.30M
$2.71M
$3.00M
1040 S Alfred St, Los Angeles, CA 90035
Sale Price: $2,250,000
Selected Comparable
233 S Gale Dr, Beverly Hills, CA 90211
Sale Price: $2,300,000
Selected Comparable
138 N La Peer Dr, Beverly Hills, CA 90211
Sale Price: $2,715,000
Selected Comparable
157 S Elm Dr, Beverly Hills, CA 90212
Sale Price: $2,730,000
Selected Comparable
157 S Elm Dr, Beverly Hills, CA 90212
List Price: $2,999,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT157 S Elm Dr, Beverly Hills, CA 90212
List: $2,999,000
Listed: 9/13/2024
Area:5,012 sqft
Price/sqft:$598
Beds:6
Baths:5
Year Built:—
Lot Size:6,070
Comparable Properties
COMPARABLEChoose comps
157 S Elm Dr, Beverly Hills, CA 90212
Sale: $2,730,000
1/6/2025 • 0.00 mi
Area:5,012 sqft
Price/sqft:$545
Beds:6
Baths:5
Year Built:—
Weight:33.0%
138 N La Peer Dr, Beverly Hills, CA 90211
Sale: $2,715,000
1/30/2025 • 0.55 mi
Area:3,978 sqft
Price/sqft:$683
Beds:6
Baths:4
Year Built:—
Weight:23.0%
1040 S Alfred St, Los Angeles, CA 90035
Sale: $2,250,000
3/25/2025 • 1.27 mi
Area:4,092 sqft
Price/sqft:$550
Beds:6
Baths:4
Year Built:—
Weight:22.5%
233 S Gale Dr, Beverly Hills, CA 90211
Sale: $2,300,000
1/7/2025 • 1.21 mi
Area:3,964 sqft
Price/sqft:$580
Beds:6
Baths:4
Year Built:—
Weight:21.5%
Subject Property
SUBJECT| Image | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 157 S Elm Dr, Beverly Hills, CA 90212 | $2,999,000 | 5,012 | $598 | 6,070 | — | 9/13/2024 | 6 | 5 | — | — |
Comparable Properties
COMPARABLEChoose comps
| Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 157 S Elm Dr, Beverly Hills, CA 90212 | $2,730,000 | 5,012 | $545 | 6,070 | 0.00 mi | 1/6/2025 | 6 | 5 | — | 33.0% | |
| 138 N La Peer Dr, Beverly Hills, CA 90211 | $2,715,000 | 3,978 | $683 | 5,764 | 0.55 mi | 1/30/2025 | 6 | 4 | — | 23.0% | |
| 1040 S Alfred St, Los Angeles, CA 90035 | $2,250,000 | 4,092 | $550 | 6,753 | 1.27 mi | 3/25/2025 | 6 | 4 | — | 22.5% | |
| 233 S Gale Dr, Beverly Hills, CA 90211 | $2,300,000 | 3,964 | $580 | 5,829 | 1.21 mi | 1/7/2025 | 6 | 4 | — | 21.5% |
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