128 N Clark DR new Save Request In-Person Tour Request Virtual Tour
West Hollywood,CA 90048
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,604 sqft
Price per Sqft $369
MLS Listing ID 25485753
Bedrooms 8
Year Built 1953
Lot Size 6,002 Sqft
Property Description
Rare opportunity to purchase this 6 unit building for the first time in 60 years. Major upside potential, come take advantage of the existing super charming units and add your personal touch to this trophy property. Currently consisting of (2) two-bedroom units and (4) one-bedroom units. Located on a charming, tree-lined street, the building is 4,604 gross square feet and sits on a 6,002-square-foot lot. Residents enjoy a 97 walk score with unparalleled access to world-class dining, retail shops, and entertainment along the renowned Beverly Blvd & 3rd Street. Beverly Hills is just minutes away, and Cedars Sinai next door. This prime location ensures excellent connectivity via San Vicente Blvd and Beverly Blvd, offering both lifestyle and convenience. With lovely, responsible tenants in place and easy maintenance features, this offering presents a value-add investment opportunity, offering a 3.83% initial CAP rate with the potential to achieve 9.04% once units turnover. Don't miss your chance to own a piece of this thriving community next to world class medical services, culture, and entertainment.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Flooring Wood
Fireplaces Type None
Laundry Common Area,Laundry Room
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
View Y/N No
View None
Building
Story 2
Sewer Other
New Construction No
Others
Special Listing Condition Standard