169 North Clark Drive Beverly Hills, CA $ 2,916,000
169 North Clark Drive
$ 2,916,000
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169 North Clark Drive

Beverly Hills, CA, 90211
$ 2,916,000
Baths0.0 Sq 5,540

Monthly Estimate*

$ 19,381

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Studio

Multi-Family Home for sale in Beverly Hills, CA

for $2,916,000. This 5,540 square foot home was built in 1930 on a lot size of 0.13.

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 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. Buyer to verify information independently and with listing broker.

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Multi-Family Active

Price

$ 2,916,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.13

Year Built

1930

Town/City

Beverly Hills

County/Region

Los Angeles

MLS | Web ID

0024365791

Features
General
Zoning BHR4YY
Pool Features None
Year Built 1930
Levels Two
County Los Angeles
Net Operating Income 68683.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Beverly Hills
Buyer Agent Compensation 2.00
Senior Community Y/N No
MLS Area C01 - Beverly Hills
Lot Size Square Feet 5752.0
Street Name Clark
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Parking Features Carport
Lot Size Area 5752.0
Foundation Details None
Building Area Total 5540.0
Lot Size Acres 0.13
Lot Size Units Square Feet
Land Lease Type Fee
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Interior
Total Stories 2
Air Conditioning Y/N No
Heating Y/N No
Street Suffix Drive
Total Baths 0
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* Excluded Features
List By
Eliyahu Appel

Listing Agent

Marcus & Millichap

Broker

Affordability Calculator

$19,381
Per Month
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0%
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Monthly Principal & Interest
$19,381
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2024$2,916,000 -2.64% Price Down
3/11/2024$2,995,000 Listed Price

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169 North Clark Drive, Beverly Hills, CA, 90211 is a Multi-Family Home for sale at $2,916,000 with 5,540 sqft and a lot size of 0.13. 169 North Clark Drive is a studio with 0.0 baths and was built in 1930. The property's zip code is 90211 which is in Beverly Hills, CA