144 N Clark Drive, Beverly Hills, CA 90211
- $2,865,000
- 8
- BD
- 8
- BA
- 5,840
- SqFt
- Sold Price
- $2,865,000
- List Price
- $3,050,000
- Closing Date
- Oct 03, 2023
- Status
- CLOSED
- MLS#
- 23291447
- Year Built
- 1931
- Bedrooms
- 8
- Bathrooms
- 8
- Living Sq. Ft
- 5,840
- Lot Size
- 6,298
- Acres
- 0.14
- Days on Market
- 63
- Property Type
- Multifamily
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.
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Additional Information
- Heat
- None
- Cooling Description
- None
- Attached Structure
- Detached
- Number Of Units Total
- 8
Listing courtesy of Listing Agent: Saadia 'Sam' Liberow (sam.liberow@marcusmillichap.com) from Listing Office: Marcus & Millichap.
Listing sold by Daniel Hirth from KW Advisors
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.