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$6,995,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 121 S Elm Dr

General

  • Price: $6,995,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26659805
  • Updated: 3/9/2026
  • Added to Site: 47 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 16

Additional Information

  • Other Features: None

Parking

  • Garage Description: None

Location

  • Area: Beverly Hills
  • County: Los Angeles
  • Driving Directions: Just South of Wilshire Blvd on North end of Elm Drive.

Heating & Cooling

  • Cooling Type: Air Conditioning
  • Heating Type: Central

Structural Information

  • # Buildings: 1
  • Stories/Levels: 2
  • Square Feet: 8,800
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1928
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 16
  • Unit Type: 2106

Unit 1

  • Total Bathrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.1394
  • Lot Size: 6072
  • Lot Size Source: Vendor Enhanced
  • Zoning: BHR4YY

Financial Considerations

  • Price Per Sq. Ft.: $794.89
  • Assessment Year: 1928

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 4331-008-003

Listed by Remax Commercial & Investment Realty, Jacob Plewa

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Listing agent

— 121 S Elm Dr —

  • Jacob Plewa

    Remax Commercial & Investment Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 121 S Elm Dr

School District:Beverly Hills Unified School District
NameGradesDistance
Beverly Vista Elementary School
200 South Elm Drive, Beverly Hills, CA 90212
K-80.2 mi
Beverly Hills High School
241 Moreno Dr., Beverly Hills, CA 90212
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 121 S Elm Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/04/2026
Listed
$6,995,000
12.82%
MLS
3/15/2018
Sold
$6,200,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 121 S Elm Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$85,913
4%
$7,056,037
4%
2023
$82,574
3%
$6,782,103
2%
2022
$80,218
3%
$6,649,151
2%
2021
$77,879
—
$6,518,806
1%
2020
$77,619
3%
$6,451,980
2%
2019
$75,645
1821%
$6,324,000
2398%
2018
$3,937
3%
$253,142
2%
2017
$3,821
5%
$248,179
2%
2016
$3,645
3%
$243,314
2%
2015
$3,523
-1%
$239,660
2%
2014
$3,547
-3%
$234,967
—
2013
$3,664
—
$233,906
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 121 S Elm Dr

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Remax Commercial & Investment Realty, Jacob Plewa

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121 S Elm Dr, Beverly Hills, CA 90212 (MLS# 26659805) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 121 S Elm Dr is currently listed for $6,995,000 and was received on March 04, 2026. Want to learn more about 121 S Elm Dr? Do you have questions about finding other Multi-Family real estate for sale in Beverly Hills? You can browse all Beverly Hills real estate or contact a Coldwell Banker agent to request more information.

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