Just reduced! 253 S Elm is a prime investment opportunity in the coveted Beverly Hills neighborhood. Located just a few blocks from Wilshire Blvd, this fourplex offers close proximity to Beverly Hills’ premier shopping, dining, and entertainment destinations. The property consists of three spacious 2-bedroom, 2-bath units and one well-appointed 1-bedroom, 2-bath unit, all with substantial upside potential. *We anticipate that we can deliver one 2-bed unit vacant on or before December 15th. A detached four-car garage at the rear provides an excellent opportunity for additional income through ADU conversions (buyer to verify). Each unit is thoughtfully designed with open floor plans, individual gas and electric meters, central air and heating, and in-unit washer/dryers. The property’s strategic location within the growing and highly sought-after Beverly Hills rental market ensures continued strong demand. Tenants enjoy easy access to upscale businesses, renowned dining options, and major employment centers. 253 S Elm is available individually or as a package with the nearby fourplex at 148 S Maple, offering expanded investment possibilities. Contact for OMs. DISCLAIMER: The broker and broker’s agents do not guarantee the accuracy of square footage, bedroom/bathroom counts, lot size, or dimensions. Buyers are strongly advised to conduct their own independent investigations to verify all information. This includes inspections and consultations with appropriate licensed professionals. Prior to closing escrow, buyers should ensure all aspects of the property meet their satisfaction through thorough verification.
Property Details
Property Features
Property Information:
Year Built: 1936
Stories: 2
Listing Office:
Office Name: ADR/Preferred Bus.Prop
Office Phone: (818) 599-6466
Listing Agent: Justin Seigel
Interior Features
Interior Information:
Appliances: Dryer, Washer
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 4 spaces
Parking: Garage
Lot Features
Lot Information:
Lot: Front Yard
Lot Size: 0.14 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Main Streets: Between Wilshire and Olympic bordered by Beverly and Doheny.
Price Information
Listing Price Info
Price Summary:
List Price: $2,725,000
Tax Information:
Annual Amount: $35,652
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Beverly Hills, CA.
This property is $535.3K less than the Median Sold Price in Beverly Hills, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SR24189774
Listing Office:
Office Name: ADR/Preferred Bus.Prop
Office Phone: (818) 599-6466
Listing Agent: Justin Seigel
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
Listing History
DATE
EVENT
PRICE
Jun 09, 2008
Jun 09, 2008Home Sold
$2,465,000
Aug 19, 2005
Aug 19, 2005Home Sold
$2,100,000
May 23, 2002
May 23, 2002Home Sold
$1,038,000
Jan 29, 1988
Jan 29, 1988Home Sold
$470,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$35,652
$2,991,244
2020
$34,626
$2,960,573
2019
$33,272
$2,902,524
2018
$32,491
$2,845,613
2017
$32,491
$2,789,818
History based on county public records data.
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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 school0.94 miles
Public District Grades KG-5
5
/10
Carthay School
6351 W Olympic Blvd
Distance between this listing and this school1.50 miles
Public Magnet Grades KG-5
5
/10
Crescent Heights Blvd School
1661 S Crescent Heights Blvd
Distance between this listing and this school1.64 miles
Public District Grades KG-5
Nearby Schools
7
/10
Beverly Vista School
200 S Elm Dr
Distance between this listing and this school0.08 miles
Public District Grades KG-8
8
/10
Horace Mann School
8701 Charleville Blvd
Distance between this listing and this school0.77 miles
Public District Grades KG-8
8
/10
Hawthorne School
624 N Rexford Dr
Distance between this listing and this school1.21 miles
Public District Grades KG-8
Nearby Schools
9
/10
Beverly Hills High School
241 S Moreno Dr
Distance between this listing and this school0.98 miles
Public District Grades 9-12
8
/10
Los Angeles Center for Enriched Studies
5931 W 18th St
Distance between this listing and this school1.88 miles
Public District Grades 6-12
3
/10
Cheviot Hills Continuation
9200 Cattaraugus Ave
Distance between this listing and this school1.91 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. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
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This home is located at 253 S Elm Dr in Beverly Hills, CA and zip code 90212 in the The Westside neighborhood. This home, which was built in 1936, sits on a 0.14 acre lot. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $2,725,000.
In November 2024, from all listings sold in Beverly Hills, CA there were more than 7 sold above asking price, over 28 sold below and more than 0 were sold right at the asked price. In November 2024 in Beverly Hills, CA there were 3.7% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $3,260,333, while the average time on the real estate market was 61 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
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