1204 N CLARK ST WEST HOLLYWOOD, CA 90069

Features

• Price/sqft: $792
• Lot Size: 6716 sq. ft.
• Total Units: 4
• Total Rooms: 10
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
• Construction Type: Wood

Facts

• Year Built: 01/01/1928
• Property ID: 891333500
• MLS Number: SR24121672
• Parcel Number: 5560-023-032
• Property Type: Multi-family (5 or more units)
• County: LOS ANGELES
• Legal Description: OZETA TRACT LOT/SEC 12
• Zoning: WDR4*
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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. n nThe 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.nnThis 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.