fbpx

$2,916,000
8 bed
5,540 Sqft
5,752 Sqft lot

169 N Clark Drive, Beverly Hills, California 90211

  • Residential Income Property Type
  • 56 Days Time on market
  • $526 Price per sqft
  • 1930 Year Built
Property Description

Total Price Adjustment of $274,000. Being sold as part of a portfolio with 163 N Clark. Must be sold together. New Portfolio price is $6,326,000. Pls ask listing agent for the portfolio package. 11,502 SF Double Lot | $308,000 Gross Day One. $450,000 Gross once the four additional RTI units (12 existing units with 4 RTI ADU’s equaling 16-units) are built and rented. $686,000 Gross Pro-Forma. 8.04 Pro-Forma Cap We are pleased to present the exclusive listing of 169 North Clark Drive, a charming four-unit multifamily building built in 1930, offering a collection of spacious two-bedroom, one-bathroom units, with an added bonus of Ready-To-Issue (RTI) permits for 1 one-bedroom, one-bathroom ADU (Accessory Dwelling Units) and 1 studio ADU. Each unit exudes sophistication and period specific detail, and has the added convenience of in-unit washer and dryer. The property includes five onsite parking spaces.Located in the heart of Beverly Hills, residents have easy access to top-notch dining, shopping, and entertainment options, making it an attractive place to call home. From an investment standpoint, this property offers solid returns. With high demand for rentals in Beverly Hills, steady rental income is anticipated, coupled with the long-term value appreciation in this sought-after location. Buyer to verify information independently and with listing broker.

Basic Details
Residential Income
Buy
24365791
$2,916,000
8
5,540 Sqft
1930
5,752 Sqft
Active
Condos/Co-ops
Features
4
$0
Address
CA
Los Angeles
Beverly Hills
90211
169 N Clark Drive
169
Drive
0
W119° 36' 54''
N34° 4' 8.2''
N
Additional Information
56
2
2
4
: Two
1
5,540 Sqft
0 Sqft
0 Sqft
0.13 Sqft
5,752 Sqft
1
0 Sqft
BHR4YY
4335029044
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
11/03/2024 10:16:56
$2,995,000
: Standard
North of Wilshire. West of Robertson
Destrahan
Harry Hurst
Marcus & Millichap
Eliyahu Appel
CLW-X75151
CLW-C121090
$0
1
1
0
0
1
1
1
4
121989
US-06037-N-4335029044-R-N
11/03/2024 17:21:39
Clark
C01 - Beverly Hills
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$