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163 N CLARK Drive

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163 N CLARK Drive | Beverly Hills, CA

$3,200,000

5,040 SQ.FT.

5 out of 8 units left vacant!!!!163 N Clark is a beautiful, well maintained 8-unit property in prime Beverly Hills. Sitting just north of Wilshire on a 5,752 square foot lot, this 5,040 square foot building provides a healthy unit mix, of four singles and Four one bedroom, one bathroom units, with two 1-bedrooms and three singles left vacant purposely for a buyer to capitalize on rising rents. All tenants currently paying significantly below market rents, these Chapter 6 units are positioned perfectly for a savvy owner to come along and vacate additional units or raise the rent. Stabilizing this building will provide a new owner with many years of return while building a nest egg for future generations. This Pride of Ownership asset is truly one of a kind!
Listing Provided by Shaya Braverman, Compass

Based on information from California Regional Multiple Listing Service, Inc. as of February 1, 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.