$3,410,000
Active
78 Days Online
4 Beds8 Baths5,040 SQFT
Active

163 N Clark Drive Beverly Hills, CA 90211

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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. We are pleased to present the exclusive listing of 163 North Clark Drive, a charming eight-unit multifamily building built in 1930 comprised of four one-bedroom, one-bathroom units, including one currently vacant, and four single studio units, with an added bonus of Ready-To-Issue (RTI) permits for 2 one-bedroom, one-bathroom ADUs (Accessory Dwelling Units). This property features convenient master metering for utilities, simplifying management tasks. Each unit has upgraded floors and kitchen appliances. With on-site laundry facilities, residents enjoy added convenience, while investors benefit from an additional income stream. 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

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site78 Days
  • MLS StatusActive
  • MLS ID Number24365779
  • Home Size Source N/A
  • Year Built1930
  • Lot Size0.1321 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Carport
  • Parking Spaces 5
  • Number of Stories 22
  • Acreage 0.1321
  • Zoning BHR4YY
  • Listing Conditions Standard

Interior Features

  • Cooling None
  • Heating None

Community Features

  • Senior Community No
  • MLS Area C01 - Beverly Hills

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Monthly Payment (Est.)

$18,040
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