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About This Home

This 0-bedroom, 16-bathroom residential multi family at 121 S Elm Dr in Beverly Hills, CA is listed for $6,500,000 ($739 per sqft). Built in 1928, the home offers 8,800 sqft of living space on a 0.14 acres lot.

Agent 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.

Key Features

  • Built in 1928
  • 0.14 acre lot
  • 2 stories

Property Details

2 stories
1 full
1928

Amenities

A/C

Monthly Cost Estimate

$34,763/mo

20% down · 6.5% · 30 years

Principal$4,701
Interest$28,167
Insurance$1,896

Estimates only. Actual payments may vary.

Location

121 S Elm Dr

Beverly Hills, CA 90212

Property Details

Heating

Central

Questions & Answers

This 0-bedroom, 16-bathroom residential multi family at 121 S Elm Dr is listed at $6,500,000 ($739/sqft). The estimated monthly payment is $28,167 based on 20% down at 6.5% interest.

Key features include: Built in 1928, 0.14 acre lot, 2 stories.

This property is listed by Jacob Plewa and can be reached at 3109226124 or jake@taksainvestment.com.

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JP

Jacob Plewa

Agent at REMAX COMMERCIAL & INVESTMENT REALTY

(310) 922-6124

Listed by REMAX COMMERCIAL & INVESTMENT REALTY

MLS# 26659805· Source: listhub· Updated 37 days ago

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

121 S Elm Dr, Beverly Hills, CA 90212

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