$2,865,000
$3,050,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
144 N Clark Dr Beverly Hills, CA 90211
8 Beds
8 Baths
5,840 SqFt
Key Details
Sold Price $2,865,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,840 sqft
Price per Sqft $490
MLS Listing ID 23-291447
Sold Date 10/03/23
Bedrooms 8
Year Built 1931
Lot Size 6,298 Sqft
Acres 0.1446
Property Description
We proudly present 144 N Clark Drive, an exceptional 8-unit property located in the heart of Beverly Hills, a few short blocks from "The Golden Triangle". The property is located just west of Robertson Blvd, and just north of Wilshire. The subject property features eight (8) one-bedroom units averaging 730 square feet each. The property consists of mostly long-term tenants, giving a buyer the opportunity to increase rents by approximately 53% through a tenant relocation and unit renovation program. This is the first time this property has been on the market in 50+ years! The parking is situated in the rear of the property, where there are four(4) covered carport parking spaces and one (1) garage space for the tenants to use. These parking spaces are accessible via an alleyway that runs from Clifton Way to Wilshire Boulevard. Beverly Hills is world-renowned and houses some of the most affluent tenants in all of Los Angeles. The average household income within a 1-mile radius is a staggering$152,860.
Location
State CA
County Los Angeles
Area Beverly Hills
Zoning BHR4YY
Rooms
Other Rooms None
Interior
Heating None
Cooling None
Equipment None
Exterior
Garage Carport
Garage Spaces 5.0
Building
Story 2
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with KW Advisors