ParkingDoor-Multi, Garage, Garage Door Opener, Private
Garage3 spaces
Year Built1958
HeatingCentral
CoolingCentral Air
FireplaceFamily Room
MLS #24434723
Lot Size0.14 Acres
StatusAccepting Backup Offers (Active Under Contract)
About 157 S Elm Dr
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
Property Details
Property Features
Property Information:
Year Built: 1958
Stories: 0
Living Area: 5,012 SqFt
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (818) 788-5400
Listing Agent: Evelyn Reyes
Interior Features
Interior Information:
Appliances: Microwave, Oven
Flooring Type: Carpet, Wood
Interior: Ceiling Fan(s)
Fireplace: Family Room
Bedroom and Bathroom Information:
Total Bedroom Count: 6
Exterior Features
Parking Information:
Garage Space: 3 spaces
Parking: Door-Multi, Garage, Garage Door Opener, Private
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Between Wilshire blvd and Olympic on the South corner of S Elm drive and Charleville
Price Information
Listing Price Info
Price Summary:
List Price: $2,999,000
Price Per SqFt: $598/SqFt
Tax Information:
Annual Amount: $11,744
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Beverly Hills, CA.
This property is $261.3K less than the Median Sold Price and $427/SqFt less than other homes in Beverly Hills, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24434723
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (818) 788-5400
Listing Agent: Evelyn Reyes
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 1:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$11,744
$957,034
2020
$11,412
$947,221
2019
$10,900
$928,649
2018
$10,650
$910,441
2017
$10,650
$892,590
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Canfield Avenue Elementary School
9233 Airdrome St
Distance between this listing and this school1.08 miles
Public District Grades KG-5
5
/10
Carthay School
6351 W Olympic Blvd
Distance between this listing and this school1.53 miles
Public Magnet Grades KG-5
5
/10
Rosewood Avenue Elementary
503 N Croft Ave
Distance between this listing and this school1.60 miles
Public District Grades KG-5
Nearby Schools
7
/10
Beverly Vista School
200 S Elm Dr
Distance between this listing and this school0.09 miles
Public District Grades KG-8
8
/10
Horace Mann School
8701 Charleville Blvd
Distance between this listing and this school0.75 miles
Public District Grades KG-8
8
/10
Hawthorne School
624 N Rexford Dr
Distance between this listing and this school1.08 miles
Public District Grades KG-8
Nearby Schools
9
/10
Beverly Hills High School
241 S Moreno Dr
Distance between this listing and this school1.00 miles
Public District Grades 9-12
8
/10
Los Angeles Center for Enriched Studies
5931 W 18th St
Distance between this listing and this school1.98 miles
Public District Grades 6-12
3
/10
Cheviot Hills Continuation
9200 Cattaraugus Ave
Distance between this listing and this school2.05 miles
The neighbors living near this home have an average income of $77,500. The majority of Beverly Hills, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 157 S Elm Dr
What is the listing price of this property?
The listing price of 157 S Elm Dr property is $2,999,000.
What type of property is this?
The property 157 S Elm Dr is a house located in Beverly Hills, California, 90212.
Is this property for sale now?
Accepting Backup Offers: 157 S Elm Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $11,744 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 157 S Elm Dr has 6 bedrooms and 5 bathrooms.
What is the square footage of this property?
The property 157 S Elm Dr is 5,012 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 157 S Elm Dr is 1958.
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This home is located at 157 S Elm Dr in Beverly Hills, CA and zip code 90212 in the The Westside neighborhood. This 5,012 square foot home, which was built in 1958, sits on a 0.14 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $2,999,000.
Over 7 listings were sold over their listed price in November 2024 in Beverly Hills, CA. In the same period over 28 listings were sold below the listed price and 0 listings were sold for the listed price. The number of homes for sale in Beverly Hills, CA decreased by 3.7% between October 2024 and November 2024. Listings spent 61 days on the market in November 2024, and had a median list price of $3,260,333 during the same period.
From Rocket Homes Real Estate and based on county public records data.