1204 N Clark Street
West Hollywood, CA 90069
0.15 acres | #SR24121672
Description
Exceptional investment opportunity nested in the prestigious Hills of West Hollywood. This unique income producing property is north of world famous Sunset Blvd (Sunset Strip) and features (4) four distinct fully rented units on a 6,718 Square feet R4 zoned lot, offering unparalleled potential for continued rental income or redevelopment. The Unit mix consists of One 2+2+Den, One 2+1.5, One 1+1+Den and one 1+1 units. This income producing property presents an investor with an exceptional rate of return based on the location of the property.
The potential for redevelopment is immense, given its desirable location, breathtaking views and expansive lot size. Whether you envision modern luxury condos, exclusive high-end townhomes or apartments, the possibilities with this property are endless. The area is a hot bed for redevelopment.
This property boasts stunning views based on the elevation of the lot, serene surroundings with well kept properties, and easy access to the vibrant heart of West Hollywood, Los Angeles and Beverly Hills. The subject property is right below the coveted Bird streets and Trousdale Estates which feature homes in the tens of millions of dollars. Sunset Boulevard in West Hollywood is a dynamic mix of culture, entertainment, and luxury, making it a must-visit destination in Los Angeles. Some of the highlights of the Sunset Strip in West Hollywood include iconic destinations such as The Roxy Theater, The Viper Room, Chateau Marmont, The Comedy Store, Sunset Plaza, Whiskey A Go Go and the Skybar at Mondrian. This is an incredible opportunity to any astute investor to acquire a generational property that should only keep appreciating with time. Location! Location! Location!
Property Details
- Lot DescriptionZeroToOneUnitAcre, RectangularLot
- Stories2
Measurements
- Acres0.1542
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1928
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$2,695,000
Other
- MLS #SR24121672
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Kunal S. Sethi (#F207015053)
Listing Office: Sync Brokerage, Inc. (#SR0014702)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.