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Justin Seigel Of ADR Preferred Business Properties Represents Sale Of Beverly Hills Multifamily For $2.65M

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SOLD
$2,650,000

California

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MultiFamily4,049 SF
Sold 03/28/2025
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Property Image
SOLD

Justin Seigel Of ADR Preferred Business Properties Represents Sale Of Beverly Hills Multifamily For $2.65M

253 South Elm Drive

See Similar Deals
MultiFamily4,049 SF
Sold 03/28/2025
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$654
Total Square Footage:4,049 SF
Transaction Type:Sale

The property involved in this transaction is a multifamily asset located at 253 South Elm Drive in Beverly Hills. The sale was finalized at a price of $2,650,000, encompassing a total of 4 units. The overall square footage of the property is 4,049, resulting in a price per unit of $662,500 and a price per square foot of $654.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,650,000
  • Units: 4
  • Square Footage: 4,049
  • Price Per Unit: $662,500
  • Price Per Square Foot: $654
  • Address: 253 South Elm Drive
  • Market: Beverly Hills

The brokers involved in the transaction are Justin Seigel from ADR Preferred Business Properties and Karla Cisneros, representing the interests of the parties in the deal.

Players

Justin Seigel
13 deals$29.5M volume(818) 715-0965
BROKER

Karla Cisneros
4 deals$11.2M volume
BROKER

Details

SOLD
IMAGE: Justin Seigel DATE: 03/28/2025 ADDRESS: 253 South Elm Drive MARKET: Beverly Hills ASSET TYPE: Multifamily BROKERS: Justin Seigel (@Seigel5) - ADR Preferred Business Properties; Karla Cisneros SALE PRICE: $2,650,000 UNITS: 4 ~ PPU: $662,500 SF: 4,049 ~ PPSF: $654

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Debt Service Coverage Ratio (DSCR)

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