121 S Elm Drive Beverly Hills, CA ^$ 6,995,000

121 S Elm Drive

^$ 6,995,000

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Recently Listed

121 S Elm Drive

Beverly Hills, CA, 90212

^$ 6,995,000

Studio Baths16.0 Sq 8,800

Monthly Estimate*

^$ 43,069

Listed by REMAX COMMERCIAL & INVESTMENT REALTY

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Studio

Multi-Family Home for sale in Beverly Hills, CA

for $6,995,000 with 16 full baths. This 8,800 square foot home was built in 1928 on a lot size of 0.1394.

This incredibly rare 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. The building while currently occupied can be delivered 100% vacant, allowing Buyer to rent to the tenants of their choosing. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor.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

^$ 6,995,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1394

Year Built

1928

Town/City

Beverly Hills

County/Region

Los Angeles

MLS | Web ID

26659805

Days on Market

Features

General

Living Area 8800

Heating Central

Zoning BHR4YY

Year Built 1928

Stories Count 2

Levels Two

Gross Income 483120

County Los Angeles

Net Operating Income 301283

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions Just South of Wilshire Blvd on North end of Elm Drive.

City Beverly Hills

Senior Community Y/N false

Number Of Units Total 16

MLS Area C01 - Beverly Hills

Lot Size Units Square Feet

Lot Size Square Feet 6072

Standard Status Active

Cap Rate 4.31

Interior

Total Stories 2

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 0

Total Baths 16

Exterior

Parking Features None

Total Parking 0

Lot Size Area 6072

Number of Buildings 1

Building Area Total 8800

Lot Size Acres 0.1394

* Excluded Features

List By

Remax Commercial & Investment Realty

Broker

jake@taksainvestment.com

Affordability Calculator

$43,069

Per Month

Monthly Principal & Interest: $43,069
Monthly Property Taxes: --
Monthly Home Insurance: --

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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 ^$5,295,860

Percent of Sale Price 24%

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/4/2026	$6,995,000		Listed Price

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121 S Elm Drive, Beverly Hills, CA, 90212 is a Multi-Family Home for sale at $6,995,000 with 8,800 sqft and a lot size of 0.1394. 121 S Elm Drive is a studio with 16.0 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 3/5/2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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121 S Elm Drive

Multi-Family Home for sale in Beverly Hills, CA

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