144 N Clark Dr, Beverly Hills, CA

Name: 144 N Clark Dr, For Sale in Beverly Hills - eXp Realty
Brand: Keller Williams Beverly Hills
SKU: 26760111
Price: 3845000 USD

House

For Sale

Listed price in listed location currency (USD).

$3,845,000

885

MLS® 26760111

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size 5840 sqft

Garage Yes

Taxes

Days Active 0

Lot Size

Approx. Age 1931

Avg. Price Per Sqft $658

MLS® Number 26760111

Property Address: 144 N Clark Dr, Beverly Hills, CA, 90211-1741

Average square foot calculated using Size range provided by listing agent.

Description

144 N. Clark Drive is a rare opportunity to acquire a fully repositioned 8-unitmultifamily asset located in the heart of Beverly Hills' most desirable residential enclave. Situated on a quiet, tree-lined street just moments from Beverly Drive, Wilshire Boulevard, and Rodeo Drive, the property benefits from exceptional walkability, premier tenant demand, and long-term value stability synonymous with this A+ submarket. The property consists of 8 units totaling approximately5, 840 square feet on a 6, 298 square-foot lot, offering a balanced mix of size, density, and livability that appeals to high-quality renters seeking proximity to Beverly Hills' luxury retail, dining, and employment centers. Current ownership has invested over $500, 000 in comprehensive renovations across 5 of the 8 units, completing full, high-quality interior upgrades rather than cosmetic improvements. Renovations include modern finishes, upgraded kitchens and bathrooms, updated flooring, fixtures, and systems, with four of the units featuring in-unit washer and dryer. These improvements position the majority of the property at or near top-of-market rental standards for the area. Importantly, three units remain significantly below market, providing a clear and achievable value-add opportunity for a new owner through natural tenant turnover and subsequent renovation. The property offers an attractive blend of stable in-place income with meaningful future upside, making it well suited for both cash-flow-oriented and value-add investors. At current operations, the asset delivers a strong 5.28% capitalization rate, underscoring the durability of the existing income stream in an A+ Beverly Hills location. As the remaining three unrenovated units are repositioned to market levels, the investment is projected to achieve a 7.90% pro forma cap rate, providing substantial yield expansion without the need for additional density or development risk, while already offering a strong return of a 5.28% CAP rate on the current. The property is offered at a 13.55 gross rent multiplier, further supporting its favorable pricing relative to location and quality. The asset is comprised of an 8-unit multifamily building, featuring eight one bedroom, one bathroom units, totaling approximately 5, 840 square feet of rentable building area situated on a 6, 298 square-foot lot. The property also includes on-site parking, an important amenity in Beverly Hills that enhances tenant demand and long-term value.

MLS® Number26760111

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1931

Basement

DrivewayAssigned, Covered, Private, One Space, On Street

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 21, 2026List Date

$3,845,000List Price

Commute

Commute

Starting Address

Destination Address

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