163 North Clark Drive
163 North Clark Drive
$3,410,000
4
8
5,040
5,040
$677
Description
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...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
- Listed by Eliyahu Appel • DRE #01918652 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 163 North Clark Drive
Zoning
BHR4YY
Parcel Number4335029045
Total Units8.0
Living Area5040
Source Living AreaVendor Enhanced
AreaBeverly Hills (C01)
Vacancy Rate1 Vacant
Lot Size Area5754
Location
LISTING UPDATED: 05/07/2024 10:47 AM
Property Details for 163 North Clark Drive
Status | Active |
---|---|
MLS # | 24-365779 |
Days on Market | 100 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1930 |
Lot Size | 0.13 AC / 5,754 SF |
County | Los Angeles County |
Location
Building Information for 163 North Clark Drive
Stories2Residences-Year Built1930Building Size-Lot Size0.13 AC / 5,754 SF
Payment Calculator
$21,580 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 163 North Clark Drive
Property History for 163 North Clark Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 163 North Clark Drive
Taxable ValueLand$1,822,743Additions$1,072,981Total$2,895,724
Tax Record2023$35,643 ($2,970 / month)
Home Facts
Total Finished SqFt5,040 SqFtAbove Grade Finished SqFt5,040 SqFtLot Size5,752 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningBHR4YYCountyLOS ANGELESAPN4335-029-045
Schools near 163 North Clark Drive
This home is within Beverly Hills Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Private - | PK to 6 |
Rating | School | Distance |
---|---|---|
Horace Mann Elementary School PublicK to 5 | ||
Beverly Hills High School Public9 to 12 | ||
Moreno High (Continuation) School Public9 to 12 | ||
Temple Emanuel Academy Day School PrivatePK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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