New Price | Seller is also selling 169 N Clark (4-Units) | Can be sold separately | 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
Features
4 bedrooms
8 bathrooms
directions_car5 carspaces
5040 sq. ft. floor area
crop_free5754 sq. ft. lot size
cottageOther
Property history for 163 N Clark Dr
2024
Rented
Undisclosed
01 Oct 2024 by Ashby & Graff
2019
Rented
Undisclosed
11 Dec 2019 by Compass
2018
Sold
$2,700,000
10 Dec 2018 by Michael Winestone, of Compass
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Local market activity for 4 bedroom other properties in Beverly Hills
Sold
For Sale
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