121 South Elm Drive Beverly Hills, CA ^$ 6,750,000

121 South Elm Drive

^$ 6,750,000

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121 South Elm Drive

Beverly Hills, CA, 90212

^$ 6,750,000

Studio Baths0.0 Sq 8,800

Monthly Estimate*

^$ 41,561

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Studio

Multi-Family Home for sale in Beverly Hills, CA

for $6,750,000. This 8,800 square foot home was built in 1928 on a lot size of 0.14.

CALL FOR OFFERS DUE THURSDAY MARCH 26th 5PM PST. This incredibly rare 5.11% 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.

Multi-Family Active

Price

^$ 6,750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.14

Year Built

1928

Town/City

Beverly Hills

County/Region

Los Angeles

MLS | Web ID

0026659805

Features

General

Living Area 8800.0

Sewer None

Heating Central

Zoning BHR4YY

Year Built 1928

Levels Two

County Los Angeles

Net Operating Income 344126.0

New Construction No

Property Type C

HOA No

Status Active

City Beverly Hills

Senior Community Y/N No

MLS Area C01 - Beverly Hills

Lot Size Units Square Feet

Lot Size Square Feet 6072.0

Standard Status Active

Exterior

Lot Size Area 6072.0

Pool Y/N? Yes

Building Area Total 8800.0

Lot Size Acres 0.14

Land Lease Type Fee

Interior

Total Stories 2

Heating Y/N Yes

Total Baths 0

* Excluded Features

List By

Jacob Plewa

Listing Agent

Remax Commercial & Investment Realty

Broker

Affordability Calculator

$41,561

Per Month

Monthly Principal & Interest: $41,561
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Beverly Hills, CA

Average List Price ^$5,192,571

Percent of Sale Price 23%

About Beverly Hills, CA

34,311 Population

2% Since 2002

^$110,424 Median Income

43.43 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/20/2026	$6,750,000	-3.50%	Price Down
3/4/2026	$6,995,000		Listed Price

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121 South Elm Drive, Beverly Hills, CA, 90212 is a Multi-Family Home for sale at $6,750,000 with 8,800 sqft and a lot size of 0.14. 121 South Elm Drive is a studio with 0.0 baths and was built in 1928. The property's zip code is 90212 which is in Beverly Hills, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 3/20/2026. 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. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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121 South Elm Drive

Multi-Family Home for sale in Beverly Hills, CA

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