163 N Clark Dr, Beverly Hills, CA 90211

$2,995,000
4
BD
8
BA
5,040
SqFt

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Courtesy of Equity Union, Eliyahu Appel - CA DRE#01918652

List Price
$2,995,000
Status
ACTIVE
Days on Market
37
MLS#
26998319
Style
Architectural
Year Built
1930
Bedrooms
4
Bathrooms
8
Living Area
5,040
Lot Size
5,754
Acres
0.13
MLS Area Major
Beverly Hills (C01)

Property 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 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, comprising four one-bedroom apartments and four studios, with garage parking for select residences. The property also offers RTI (Ready to Issue) plans to build additional units above the garages, giving an owner the opportunity to add residences and increase rental income. A sculptural, stepped entry portal 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. Those features offer a starting point for an owner who appreciates the relationship between architectural character and everyday livability. The property also holds mineral rights and receives quarterly payments from E & B Natural Resources, supplementing its rental 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 with architectural identity and a recognizable address, 163 N. Clark Dr stands apart as a property with established character that can anchor an ownership portfolio for years to come.

Additional Information

Property Description
Architectural
Air Conditioning
None

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