163 Clark Drive, Beverly Hills
Beverly Hills Home For Sale
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 163 North Clark Drive, a charming eight-unit multifamily building built in 1930 comprised of four one-bedroom, one-bathroom units, including one currently vacant, and four single studio units, with an added bonus of Ready-To-Issue (RTI) permits for 2 one-bedroom, one-bathroom ADUs (Accessory Dwelling Units). This property features convenient master metering for utilities, simplifying management tasks. Each unit has upgraded floors and kitchen appliances. With on-site laundry facilities, residents enjoy added convenience, while investors benefit from an additional income stream. 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
Property Details
Additional Information
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- City:
- Beverly Hills
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- County:
- Los Angeles
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- Zip:
- 90211
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- MLS® #:
- 24365779
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- Bedrooms:
- 2
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- Bathrooms:
- 3
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- Square Ft:
- 5,040
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- Lot Size:
- 0.13
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- Levels:
- Two
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- HOA Dues:
- $
Price Change History for 163 Clark Drive, Beverly Hills, (MLS® #24365779)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $3,605,000) | $3,410,000 | $195,000 (5.41%) |
Based on information from California Regional Multiple Listing Service, Inc. as of May 9th, 2024 at 11:00am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.