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.
Sold for $1,800,000 on 02/21/25
$1,800,000
128 N Clark Dr, Los Angeles, CA 90048
8beds
6baths
4,604sqft
Multi Family
Built in 1953
-- sqft lot
$1,769,600 Zestimate®
$391/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 21, 2025 at 06:33am
Listed by:
Danny Mahelka DRE # 01170359 213-359-4097,
Coldwell Banker Realty 310-777-6200,
Shirley Bilfield DRE # 00894035 310-435-5032,
Coldwell Banker Realty
Bought with:
Shirel Ohevzion, DRE # 02228154
Equity Union
Source: CLAW,MLS#: 25-485753
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Heating
- Wall
Cooling
- None
Appliances
- Included: Gas Cooking Appliances, Disposal, Range/Oven, Refrigerator, Gas Water Heater
- Laundry: Common Area, Laundry Room
Features
- Built-Ins
- Flooring: Hardwood
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 4,604
- Total interior livable area: 4,604 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage Is Detached
- Garage spaces: 4
Features
- Levels: One
- Stories: 2
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 6,002 sqft
- Features: City Lot
Details
- Additional structures: None
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
Materials
- Stucco
Condition
- Year built: 1953
Utilities & green energy
- Sewer: In Street
Community & neighborhood
Location
- Region: Los Angeles
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Estimated market value
$1,769,600