Multifamily
163 N Clark Dr
163 N Clark Dr, Beverly Hills, CA 90211
Listing Price: $3,150,000
Investment Overview
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 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.
163 N Clark Dr
Investment Highlights
- Expansion Potential: RTI's for additional units, providing an opportunity for increased rental income.bedroom to cozy studios.
- Multiple Income Sources: Additional income from garage rentals, and laundry facilities.
- Convenient Amenities: Features like in-unit laundry, upgraded floors and kitchens and on-site parking.
- Beautiful Sought-After Beverly Hills Location: Close to famous landmarks and dining options.
- Long-Term Value: Location ensures potential for long-term property value appreciation.
Exclusively Listed By
Financing By
Listing Price: $3,150,000
Investment Highlights
- Expansion Potential: RTI's for additional units, providing an opportunity for increased rental income.bedroom to cozy studios.
- Multiple Income Sources: Additional income from garage rentals, and laundry facilities.
- Convenient Amenities: Features like in-unit laundry, upgraded floors and kitchens and on-site parking.
- Beautiful Sought-After Beverly Hills Location: Close to famous landmarks and dining options.
- Long-Term Value: Location ensures potential for long-term property value appreciation.
Investment Overview
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 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.
Exclusively Listed By
Financing By
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