121 S Elm Dr Beverly Hills La


Property

Website:https://www.nestseekers.com/5321957
Address:
121 S Elm Dr
BEVERLY HILLS, CA 90212
Ownership: For Sale
Bathrooms: 16
Area: 6072 sq ft
Lot Size: 0.1 Acres

Financials

Price:$6,500,000

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.

Contact

271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of REMAX COMMERCIAL & INVESTMENT REALTY

121  S Elm Dr BEVERLY HILLS CA 90212 USA