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

Beverly Hills, CA, 90211
$ 2,916,000
Bedrooms8 Baths4.0 Sq 5,540

Monthly Estimate*

$ 19,381

Listed by Marcus & Millichap
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Multi-Family Home for sale in Beverly Hills, CA

for $2,916,000 with 8 bedrooms and 4 full baths. This 5,540 square foot home was built in 1930 on a lot size of 0.132.

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

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.132

Year Built

1930

Town/City

Beverly Hills

County/Region

Los Angeles

MLS | Web ID

24365791

Days on Market

73

Features
General
Heating None
Cooling None
Zoning BHR4YY
Year Built 1930
Stories 2
Levels Two
Gross Income 121989.0
County Los Angeles
Net Operating Income 68683.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions North of Wilshire. West of Robertson
City Beverly Hills
View Y/N N
Senior Community Y/N N
Total Units 4
MLS Area C01 - Beverly Hills
Lot Size Square Feet 5752.0
Private Pool N
Waterfront Y/N N
Carport Y/N Y
Street Name Clark
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 75
Standard Status Active
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Exterior
Parking Features Carport
Total Parking 4.0
Lot Size Area 5752.0
Number of Buildings 1
Spa N
Building Area Total 5540.0
Lot Size Acres 0.132
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Drive
Total Bedrooms 8
Electric On Property Y/N N
Total Baths 4
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Internal Only
Street Number 1 169
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* Excluded Features
List By
Marcus & Millichap

Broker

(818) 212-2707

Phone

Affordability Calculator

$19,381
Per Month
100%
0%
0%
Monthly Principal & Interest
$19,381
Monthly Property Taxes
--
Monthly Home Insurance
--
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
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2024$2,916,000 -2.64% Price Down
3/11/2024$2,995,000 Listed Price

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169 N 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 0.132. 169 N Clark Drive has 8 bedrooms, 4.0 baths, and was built in 1930. The property's zip code is 90211 which is in Beverly Hills, CA