1204 North Clark Street

West Hollywood, CA 90069

$2,495,000
Price
6
Beds
6
Baths
3,400 Sq. Ft.
$734 / Sq. Ft.
3,400
Sq. Ft.
$734
per Sq. Ft.

Description

This fully-occupied income producing property is located north of the world famous Sunset Blvd (Sunset Strip) and features (4) four distinct fully-rented units on a 6,718 Square feet R4 zoned lot, offering unparalleled potential for continued rental income or redevelopment. The Unit mix consists of One 2+2+Den, One 2+1.5, One 1+1+Den and one 1+1 units. The potential for Redevelopment is immense with the R4 zoning, A+ Location, Breathtaking views and Expansive Lot Size. Whether you envision modern...This fully-occupied income producing property is located north of the world famous Sunset Blvd (Sunset Strip) and features (4) four distinct fully-rented units on a 6,718 Square feet R4 zoned lot, offering unparalleled potential for continued rental income or redevelopment. The Unit mix consists of One 2+2+Den, One 2+1.5, One 1+1+Den and one 1+1 units. The potential for Redevelopment is immense with the R4 zoning, A+ Location, Breathtaking views and Expansive Lot Size. Whether you envision modern luxury condos, exclusive high-end townhomes or multi-family apartments, the possibilities with this property are endless. The area is a hot bed for redevelopment. This subject property boasts stunning views, serene surroundings and is located close to the vibrant heart of West Hollywood, Los Angeles and Beverly Hills. The subject property is right below the coveted Bird streets and Trousdale Estates which feature homes in the tens of millions of dollars. Sunset Boulevard in West Hollywood is a dynamic mix of culture, entertainment and luxury, making it a must-visit destination in Los Angeles. Some of the highlights of the Sunset Strip in West Hollywood include iconic destinations such as The Roxy Theater, The Viper Room, Chateau Marmont, The Comedy Store, Sunset Plaza, Whiskey A Go Go, Skybar at Mondrian along with many iconic hotels. This is an incredible opportunity to any astute investor to acquire a generational property. Location! Location! Location!
  1. Listed by Kunal Sethi • DRE #01351160 • Brokerage DRE #02031490 • Sync Brokerage, Inc. • 818-614-4380

Property Details for 1204 North Clark Street

Parking Spaces Total
0
Private Pool
No
Cooling Type
Central Forced Air, Wall/Window
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3400
Assessor Parcel Number
5560-023-032
LISTING UPDATED: 11/11/2024 08:53 AM

Property Details for 1204 North Clark Street

StatusActive
MLS #SR24221483
Days on Market35
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.15 AC / 6,718 SF
CountyLos Angeles County

Building Information for 1204 North Clark Street

Stories2Residences-Year Built1928Building Size-Lot Size0.15 AC / 6,718 SF

Property Information for 1204 North Clark Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $143,004
  • Gross Scheduled Income: $143,004
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $98,024
  • Gross Multiplier: 17.45
  • Cap Rate: 3.93
Expense Details
  • Operating Expense: $40,690
  • New Taxes Expense: $29,940
  • Gardener Expense: $1,800
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,550
  • Maintenance Expense: $3,400
  • Other Expense: $1,200
  • Other Expense Description: Misc
  • Trash Expense: $0
  • Water Sewer Expense: $1,800
  • Total Expenses: $40,690
Tax / Assessment Info
  • Tax Tract Number: 12
  • Tax Census Tract: 7005.01
  • CFD/Mello-Roos Fee: $2,289
  • Tax Lot: 12
Community / Development
Community / Development
  • Community Features: Mountainous, Sidewalks, Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Cooling: Central Air, Wall/Window Unit(s)
Exterior Features
  • Roof: Composition, Shingle
  • Entry Location: Street
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Rectangular Lot
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $4,635
  • Unit Type Total Rent: $4,635
  • Unit Type Pro Forma: 5200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,348
  • Unit Type Total Rent: $3,348
  • Unit Type Pro Forma: 3700
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,041
  • Unit Type Total Rent: $2,041
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,893
  • Unit Type Total Rent: $1,893
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 1204 North Clark Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1204 North Clark Street

Taxable ValueLand$1,228,032Additions$319,657Total$1,547,689
Tax Record2024$20,800 ($1,733 / month)
Home Facts
Total Finished SqFt2,863 SqFtAbove Grade Finished SqFt2,863 SqFtLot Size6,716 SqFtStyleQuadraplexYear Built1928ZoningWDR4*CountyLOS ANGELESAPN5560-023-032

Schools near 1204 North Clark Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
West Hollywood Elementary School
PublicK to 5

Hubert Howe Bancroft Middle School
Public6 to 8

Hollywood Senior High School
Public9 to 12

Fairfax Senior High School
Public9 to 12

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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1204 North Clark Street is a multi-family home for sale in West Hollywood, CA 90069. This property was listed for sale on October 29, 2024 by Sync Brokerage, Inc., it's currently listed at $2,495,000. It has been on the market for a total of 35 days and was last sold on December 23, 2003. This listing's school district is Los Angeles Unified School District. Nearby schools include West Hollywood Elementary School, Hubert Howe Bancroft Middle School and Hollywood Senior High School. 1204 North Clark Street is a 6-bed, 6-bath, 3,400 sqft multi-family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sync Brokerage, Inc., Kunal Sethi, DRE #01351160

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.