For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $2,865,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,840 sqft
Price per Sqft $490
MLS Listing ID 23291447
Sold Date 10/03/23
Bedrooms 8
HOA Y/N No
Year Built 1931
Lot Size 6,298 Sqft
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 C01 - Beverly Hills
Zoning BHR4YY
Interior
Heating None
Cooling None
Fireplace No
Exterior
Garage Carport
Parking Type Carport
Total Parking Spaces 5
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 4334004038
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Daniel Hirth • KW Advisors