Listing provided courtesy of Kunal Sethi of Sync Brokerage, Inc.. Last updated 2024-12-26 09:11:26.000000. Listing information © 2024 CLAW.
Asking Price: $2,495,000
1204 Clark, West Hollywood CA 90069
Community: C03 - Sunset Strip - Hollywood Hills West
This Quadruplex property was built in 1928 and is priced at $2,495,000. Please see the additional details below.
Location! Location! Location! Income producing property located north of world famous Sunset Blvd (Sunset Strip) with Views. The features (4) four distinct fully occupied 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. Surrounded by Multi million dollar homes, the front 2 bed + 2 bath unit has a den/bonus room, large front patio, in unit laundry, rear balcony, dining area, central HVAC, spacious kitchen and city views, making it perfect for a 'possible' owner-user unit. The property is currently fully occupied with month to month tenants.
The potential for Redevelopment is also immense with the R4* zoning, A+ Location, Breathtaking views and Expansive Lot Size. Whether you envision modern luxury condos, exclusive high-end townhomes or multi-family apartments, the possibilities with this property are endless. The area is a hot bed for redevelopment.
This subject property boasts stunning views, serene surroundings and is located close 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 Soho House, The Roxy Theater, The Viper Room, Chateau Marmont, The Comedy Store, Skybar at Mondrian and Iconic hotels including 1 Hotel West Hollywood, Pendry Hotel and The Edition Hotel. This is an incredible opportunity to any astute investor to acquire a generational property that should keep appreciating over time.