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$3,398,000

  • For Sale
  • Under Contract
  • Multi-Family
  • 10 Total Beds
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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.

Full Property Details for 344 S Elm Dr

General

  • Price: $3,398,000
  • Status: Under Contract
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25608131
  • Updated: 12/18/2025
  • Added to Site: 91 day(s) ago

Interior

  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 9

Bedrooms

  • Total Bedrooms: 10

Other Rooms

  • Laundry: Community

Additional Information

  • Other Features: None

Parking

  • Garage Description: Carport

Location

  • Area: Beverly Hills
  • County: Los Angeles
  • Driving Directions: North of Olympic, East of Beverly, In the Center Great Restaurants and Shopping

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • Heating Type: Wall

Structural Information

  • # Buildings: 1
  • Stories/Levels: 2
  • Square Feet: 6,962
  • Sq. Ft. Source: Assessor
  • Year Built: 1955
  • Year Built Source: Assessor

Unit Information

  • Units in Complex: 6
  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111

Unit 1

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Total Bathrooms: 2
  • Bedrooms: 3

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.1393
  • Lot Size: 6070
  • Lot Size Source: Assessor
  • Zoning: BHR4*

Financial Considerations

  • Price Per Sq. Ft.: $488.08
  • Assessment Year: 1955

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 4331-011-024

Listed by eXp Realty of Greater Los Angeles, Drew Glickman

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Listing agent

— 344 S Elm Dr —

  • Drew Glickman

    eXp Realty of Greater Los Angeles

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 344 S Elm Dr

School District:Beverly Hills Unified School District
NameGradesDistance
Beverly Vista Elementary School
200 South Elm Drive, Beverly Hills, CA 90212
K-80.3 mi
Beverly Hills High School
241 Moreno Dr., Beverly Hills, CA 90212
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 344 S Elm Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/20/2025
Price Reduced
$3,398,000
-2.91%
MLS
10/18/2025
Listed
$3,500,000
—
MLS
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 344 S Elm Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,158
5%
$342,696
4%
2023
$4,903
3%
$329,390
2%
2022
$4,783
4%
$322,933
2%
2021
$4,617
—
$316,602
1%
2020
$4,597
2%
$313,357
2%
2019
$4,502
6%
$307,214
2%
2018
$4,251
3%
$301,191
2%
2017
$4,123
4%
$295,286
2%
2016
$3,965
4%
$289,497
2%
2015
$3,823
2%
$285,149
2%
2014
$3,761
-3%
$279,565
—
2013
$3,886
—
$278,302
—
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.

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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 eXp Realty of Greater Los Angeles, Drew Glickman

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344 S Elm Dr, Beverly Hills, CA 90212 (MLS# 25608131) is a Multi-Family property with units containing 10 bedrooms and 0 full bathrooms. 344 S Elm Dr is currently listed for $3,398,000 and was received on October 18, 2025. Want to learn more about 344 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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