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Multifamily

169 N Clark Dr

169 N Clark Dr, Beverly Hills, CA 90211

Listing Price: $3,150,000

Cap Rate
2.02%
Number of Units
4
GRM
25.06
Occupancy
97.0%
Price/Unit
$787,500
Price/Gross SF
$568.59
Gross SF
5,540

Investment Overview

We are pleased to present the exclusive listing of 169 North Clark Drive, a charming four-unit multifamily building built in 1930, offering a collection of spacious two-bedroom, one-bathroom units, with an added bonus of Ready-To-Issue (RTI) permits for 1 one-bedroom, one-bathroom ADU (Accessory Dwelling Units) and 1 studio ADU. Each unit exudes sophistication and period specific detail, and has the added convenience of in-unit washer and dryer. The property includes five onsite parking spaces. 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.

Investment Highlights

  • Expansion Potential: RTI's for additional units, providing an opportunity for increased rental income.
  • 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

Multifamily

169 N Clark Dr

Listing Price: $3,150,000

Cap Rate
2.02%
Number of Units
4
GRM
25.06
Occupancy
97.0%
Price/Unit
$787,500
Price/Gross SF
$568.59
Gross SF
5,540

Investment Highlights

  • Expansion Potential: RTI's for additional units, providing an opportunity for increased rental income.
  • 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 169 North Clark Drive, a charming four-unit multifamily building built in 1930, offering a collection of spacious two-bedroom, one-bathroom units, with an added bonus of Ready-To-Issue (RTI) permits for 1 one-bedroom, one-bathroom ADU (Accessory Dwelling Units) and 1 studio ADU. Each unit exudes sophistication and period specific detail, and has the added convenience of in-unit washer and dryer. The property includes five onsite parking spaces. 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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