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$2,995,000

FOR SALE
Active

163 N Clark Drive

Beverly Hills, CA

MLS# 26998319

5,040 Sq Ft4bd • 8ba
28 days on marketNalren refreshed

Listing Agent

Eliyahu Appel

Listing Agent

Equity Union

DRE #: 01918652

(818) 989-2000

Brokerage: Equity Union

Property Details

4

Bedrooms

8

Bathrooms

5,040 sqft

Square Feet

1930

Year Built

5,754 sqft

Lot Size

$594

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

N/A

Property Type

Description

The Appel Group with Equity Union Commercial is proud to present the exclusive listing of 163 N. Clark Dr, a distinctive eight-unit multifamily building in Beverly Hills. Built in 1930 and rich in period character, the building encompasses 5,040 gross square feet of living space on an approximately 5,752-square-foot lot, bringing together architectural identity, a balanced unit mix, and a recognizable Beverly Hills address. The property features eight residences: four one-bedroom apartments and four studios, with select residences carrying garage parking. A sculptural, stepped entry anchors the stucco facade, framed by mature landscaping on a tree-lined stretch of North Clark Drive. Architecturally, the building reflects the character of its 1930 vintage, with sculptural details and period touches that give it a distinctive sense of place. Its age is more than a design attribute; it is a source of identity and opportunity for an owner who appreciates the relationship between architectural character and everyday livability. The offering also carries a distinctive income advantage beyond its rents: 163 N. Clark Drholds mineral rights and receives additional income on a quarterly basis from E & BNatural Resources. The property also offers RTI (Ready to Issue) plans to build additional units above the garages, giving an owner a clear path to additional residences and income. Positioned directly north of Wilshire Boulevard, North Clark Drive places residents within an established Beverly Hills neighborhood with convenient access to surrounding dining, shopping, and commercial corridors. For an investor seeking a long-term holding witharchitectural identity and a recognizable address, 163 N. Clark Dr stands apart: eight residences with established character and the type of property that can anchor anownership portfolio for years to come. 169 N. Clark Dr can also be purchased together with 163 N. Clark Dr as an assemblage opportunity for $5,990,000

Facts & Features

Interior

Appliances
Refrigerator

Building

Year Built
1930
Living Area
5,040 sqft
Building Area Total
5,040
Levels
Two
Stories Total
0

Utilities

Cooling
None

Parking

Parking Total
4

Community / HOA

HOA
No

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