163 N Clark is a beautiful, well maintained 8 unit property in prime Beverly Hills. Sitting just north of Wilshire on a 5,752 square foot lot, this 5,040 square foot building provides a healthy unit mix, of four singles and Four one bedroom, one bathroom units, with two 1-bedrooms and two singles left vacant purposely for a buyer to capitalize on rising rents. All tenants currently paying significantly below market read more rents, these Chapter 6 units are positioned perfectly for a savvy owner to come along and vacate additional units or raise the rent. Stabilizing this building will provide a new owner with many years of return while building a nest egg for future generations. This Pride of Ownership asset is truly one of a kind!
This listing is courtesy of the listing agent Shaya Braverman (#CLW-C125193), with the office Compass.