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!
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
Price:
$2,695,000
MLS #:
SR24121672
Status:
Active
Baths:
0
Address:
1204 N Clark Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c03sunsetstriphollywoodhillswest
City:
West Hollywood
Listed Date:
Jun 14, 2024
State:
CA
ZIP:
90069
Lot Size:
6,718 sqft / 0.15 acres (approx)
Year Built:
1928
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Schools
Interior
Cooling
Central Air, Wall/ Window Unit(s)
Exterior
Community Features
Mountainous, Urban
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre, Rectangular Lot
Parking Spots
0.00
Pool Features
None
Roof
Composition, Shingle
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address1204 N Clark Street West Hollywood CA
- AreaC03 – Sunset Strip – Hollywood Hills West
- CityWest Hollywood
- CountyLos Angeles
- Zip Code90069
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Courtesy of Sync Brokerage, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1204 N Clark Street
West Hollywood, CA
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