128 N Clark Drive, West Hollywood, CA 90048
Property
Sold February 2025
Listing Agent: Danny Mahelka (DRE #01170359) · Listing Office: Coldwell Banker Realty · Contact: 310-777-6200 · Bought with: Shirel Ohevzion · Equity Union · MLS #25485753 · Source: CRMLS
About this property
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.
Listing description from the February 2025 sale, as reported to CRMLS.
Sale history