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
MLS #
CRSR24121672
MLS Source
California Regional MLS
Days on Site
157
Cooling
Central Forced Air, Window/Wall Unit
Roof
Composition, Shingle
Pool
None
Garage/Parking
Garage: 0 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | 4 |
1204 N Clark St is a Residential Income in West Hollywood, CA 90069. This – square foot property sits on a 6,718 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,695,000 and was built in 1928.
This address can also be written as 1204 N Clark St, West Hollywood, CA 90069.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of October 15, 2024. For the most current information, please contact Kunal S. Sethi