253 S Elm Dr Beverly Hills, CA 90212

$2,725,000
0.1 acres
Multi-Family

Property details

About 253 S Elm Dr

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. 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. 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.

Highlights

Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.1394 Acres
Year built1936
ParkingGarage
MLS #SR24189774
Garage4 spaces

Summary

  • MLS Number: SR24189774
  • MLS Name: CRMLS
  • Office Name: ADR/Preferred Bus.Prop
  • Office Phone: (818) 599-6466
  • Listing Agent: Justin Seigel

IDX 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: 2/8/2025, 1:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,725,000

253 S Elm Dr

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Price information

Property sales

DateEventPrice
Jun 09, 2008
Home Sold
$2,465,000
Aug 19, 2005
Home Sold
$2,100,000
May 23, 2002
Home Sold
$1,038,000
Jan 29, 1988
Home Sold
$470,000

Tax history

YearAssessmentProperty Tax
2024$3,174,329$38,498
2023$3,112,088$37,807
2022$3,051,068$36,727
2021$2,991,244$35,651
2020$2,960,573$34,626
2019$2,902,524$33,272
2018$2,845,613$32,490
2017$2,789,818$32,490

History based on county public records data.

Nearby schools

8

Canfield Avenue Elementary School

Public District KG-5

0.9 mi

9233 Airdrome St

5

Carthay School

Public Magnet KG-5

1.5 mi

6351 W Olympic Blvd

5

Crescent Heights Blvd School

Public District KG-5

1.6 mi

1661 S Crescent Heights Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $77,500. The most common annual income of people living in Beverly Hills, CA is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

27%
<35k
31%
35k-100k
21%
100k-200k
21%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

69%
Single, No Kids
6%
Single, with Kids
16%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
45%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Music ConcertsMusic Concerts
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • ChipotleChipotle
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • AudiAudi
  • VolkswagenVolkswagen
  • ToyotaToyota

What do the neighbors listen to?

  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 253 S Elm Dr in Beverly Hills, CA and zip code 90212 in the The Westside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $2,725,000.

In January 2025 more than 3 listings in Beverly Hills, CA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 21 were sold below. The number of homes for sale in Beverly Hills, CA increased by 50.7% between December and January 2025. In January 2025, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $3,226,000.

From Rocket Homes Real Estate and based on county public records data.

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