$6,500,000

121 S Elm Drive, Beverly Hills, CA 90212

  • 8,800 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1928
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $739/sqft
  • Property List Date Icon Listed 28 days ago

Property Description

SELLER MOTIVATED !!! CALL FOR OFFERS DUE FRIDAY April 3rd 5PM PST. This incredibly rare 5.35% cap rate multifamily asset at 121 S Elm Drive is just steps from the Golden Triangle of Beverly Hills. Originally built in 1928, the building boasts 16 single units. All of these units are extremely spacious, have a terrific floor plan, and offer an abundance of natural light. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor looking for prime real estate that is completely remodeled and available at very good return. A quick walk to Rodeo Drive and the shops of the Golden Triangle this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in the world.

Listing Status:
Active
Date Added:
March 4, 2026
Data Last Updated:
April 2, 2026 at 3:08AM
Listing Office:
REMAX COMMERCIAL & INVESTMENT REALTY : 310-802-2500
Listing Agent:
Jacob Plewa : 310-922-6124
MLS ID:
CL26659805
  • Heating: Other
  • Parking: None
  • County: Los Angeles
  • Zoning: BHR4YY4331008003

This listing courtesy of Jacob Plewa , REMAX COMMERCIAL & INVESTMENT REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Beverly Vista School

200 S Elm Dr, Beverly Hills, CA, 90212

Grades KG-8

0.17 miles away

B

Beverly Vista School

200 S Elm Dr, Beverly Hills, CA, 90212

Grades KG-8

0.17 miles away

M

Moreno High (Continuation)

255 S Lasky Dr, Beverly Hills, CA, 90212

Grades 9-12

0.90 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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