West Hollywood, CA 90048,128 N Clark Dr

$1,800,000

$1,700,000

5.9%
Est.Price: ?

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Est. payment /mo

8 Beds

6 Baths

4,604 SqFt


SOLD DATE : 02/21/2025

Key Details

Sold Price $1,800,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,604 sqft

Price per Sqft $390

MLS Listing ID 25-485753

Sold Date 02/21/25

Style Contemporary

Bedrooms 8

Year Built 1953

Lot Size 6,002 Sqft

Acres 0.1378

Property Sub-Type Multi-Family

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 Beverly Center-Miracle Mile

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Flooring Hardwood

Fireplaces Type None

Equipment Built-Ins, Garbage Disposal, Range/Oven, Refrigerator

Laundry Community, Room

Exterior

Parking Features Garage Is Detached

Garage Spaces 4.0

Pool None

Waterfront Description None

View Y/N No

View None

Building

Story 2

Sewer In Street

Architectural Style Contemporary

Level or Stories One

Structure Type Stucco

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Coldwell Banker Realty
Bought with Equity Union

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