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Multifamily at 169 N Clark Drive
$2,995,000
169 N Clark Drive
Beverly Hills, Los Angeles, 90211
Active · 11 days on market

Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms
4
Building size
5,540 sqft
Lot size
5,752 sqft
Year built
1930
Stories
0
Cooling
None
Status
Active
Days on market
11
MLS #
248158399

About this property

We are proud to present the exclusive listingof 169 N. Clark Dr, a distinctive four-unit multifamily building in Beverly Hills. Built in 1930 and rich in period character, the building encompasses 5,540 gross square feet of living space on an 5,752-square-foot lot, bringing together architectural identity, spacious residences, and a recognizable Beverly Hills address. The property features four spacious two-bedroom, one-bathroom residences with hardwood flooring, decorative fireplaces, and individual laundry rooms that give the interior a personal, residential feel. All four residences are currently occupied. Architecturally, the building reflects the character of its 1930 vintage, with Spanish architectural details including a wood-railed balcony, clay tile roof, and arched entry. Itsage is more than a design attribute; it is a source of identity and opportunity for anowner who appreciates the relationship between architectural character and everyday livability. That owner can preserve the details that distinguish the building while evaluating improvements that serve their next chapter. The property also offers RTI(Ready to Issue) plans to build additional units above the garages, giving an owner a clear path to additional residences and income. Positioned directly north of Wilshire Boulevard, North Clark Drive places residents withinan established Beverly Hills neighborhood with convenient access to surrounding dining, shopping, and commercial corridors. For an investor seeking a long-term holding with architectural identity and a recognizable address, 169 N. Clark Dr stands apart: four spacious residences with established character and the type of property that cananchor an ownership portfolio for years to come. 163 N. Clark Dr can also be purchased together with 169 N. Clark Dr as an assemblage opportunity for $5,990,000.

Location

169 N Clark Drive

Beverly Hills, Los Angeles, CA, 90211

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

169 N Clark Dr, Beverly Hills CA | Multifamily for Sale