344 South Elm Drive Beverly Hills, CA $ 3,398,000
344 South Elm Drive
$ 3,398,000
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344 South Elm Drive

Beverly Hills, CA, 90212
$ 3,398,000
Baths0.0 Sq 6,962

Monthly Estimate*

$ 21,199

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Studio

Multi-Family Home for sale in Beverly Hills, CA

for $3,398,000. This 6,962 square foot home was built in 1955 on a lot size of 0.14.

Located in the heart of Beverly Hills just south of Wilshire Boulevard, 344 S. Elm Drive offers a rare opportunity to acquire a well-maintained six-unit apartment building in one of the most sought-after rental markets in Los Angeles. The property features an attractive unit mix of three (1BD/1BA), two (2BD/2BA), and one (3BD/2BA) residences many of which boast spacious, light-filled interiors, hardwood flooring, separate dining rooms, and both front and rear entrances. Recent capital improvements include soft-story seismic retrofit, new HVAC systems, updated water heaters, attic insulation, and exterior paint, providing peace of mind and reduced near-term maintenance costs. Two units will be delivered vacant at the close of escrow, presenting an immediate opportunity for an investor or owner-user to capture significant rental upside in a prime Beverly Hills location. Conveniently positioned near Rodeo Drive, Beverly Drive, and the Golden Triangle, residents enjoy easy access to world-class shopping, dining, and entertainment, along with the prestige and stability of the Beverly Hills School District.

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Multi-Family Active

Price

$ 3,398,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.14

Year Built

1955

Town/City

Beverly Hills

County/Region

Los Angeles

MLS | Web ID

0025608131

Features
General
Living Area 6962.0
Heating Wall Furnace
Zoning BHR4*
Year Built 1955
Levels One
County Los Angeles
Net Operating Income 168550.0
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 6070.0
Standard Status Active
Year Built Source Assessor
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Interior
Flooring Wood
Total Stories 2
Heating Y/N Yes
Laundry Features Washer Included Dryer Included Community
Total Baths 0
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Exterior
Parking Features Carport
Lot Size Area 6070.0
Pool Y/N? Yes
Building Area Total 6962.0
Lot Size Acres 0.14
Land Lease Type Fee
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* Excluded Features
List By
Drew Glickman

Listing Agent

Exp Realty Of Greater Los Angeles

Broker

Affordability Calculator

$21,199
Per Month
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0%
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Monthly Principal & Interest
$21,199
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% 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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$3,398,000 -2.91% Price Down
10/21/2025$3,500,000 Listed Price

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344 South Elm Drive, Beverly Hills, CA, 90212 is a Multi-Family Home for sale at $3,398,000 with 6,962 sqft and a lot size of 0.14. 344 South Elm Drive is a studio with 0.0 baths and was built in 1955. The property's zip code is 90212 which is in Beverly Hills, CA