Iconic Sells 8 Units in Beverly Hils

Iconic Investments is pleased to announce the sale of 215 S. Elm Drive in prime Beverly Hills. The property features eight one bedroom + one bath units that average approximately 700 square feet.

SALE HIGHLIGHTS:

  • Sold for $3,150,000!

  • $393k Per Unit & 14.4 GRM

  • Cap Rate of 4.7% | $527 PSF

  • 100% Non-Contingent Day -1

  • 14-Day Close of Escrow

  • 10 Property Tours

  • 5 Competitive Offers

  • 1031 Exchange Buyer 

WITH THESE KINDS OF RESULTS - YOU SHOULD BE SELLING YOUR PROPERTIES WITH ICONIC!

Two back-to-back sales in this market, both with multiple property tours and offers, 100% non-contingent day-1 and 14-day close of escrows.

CALL US TODAY!

Iconic Investments Sells Beverly Hills Apartment Building