144 N Clark Dr, Beverly Hills, CA 90211
144 N Clark Dr, Beverly Hills, CA 90211
144 N Clark Dr, Beverly Hills, CA 90211
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Ever Banuelos

Ever Banuelos

+1(323) 833-9824
$3,845,000
Est. payment /mo
8 Beds
8 Baths
5,840 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,840 sqft

Price per Sqft $658

MLS Listing ID 26760111

Style Low Rise

Bedrooms 8

Construction Status Updated/Remodeled

Year Built 1931

Lot Size 6,298 Sqft

Acres 0.1446

Property Sub-Type Multi-Family

Property 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.

Location

State CA

County Los Angeles

Area Beverly Hills

Zoning BHR4YY

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Air Conditioning, Wall/Window, Central

Equipment Dryer, Other, Refrigerator, Freezer, Washer

Laundry In Unit, Laundry Area

Exterior

Parking Features Detached, Assigned, Covered Parking, Garage - 4+ Car, Garage Is Detached, On street, Parking Space, Private

Garage Spaces 5.0

Waterfront Description None

View Y/N Yes

View City, Walk Street, Tree Top, Trees/Woods, Other

Building

Story 2

Architectural Style Low Rise

Level or Stories Multi/Split, Two

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Beverly Hills

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Ever Banuelos
Ever Banuelos

Team Leader | License ID: 01945384

+1(323) 833-9824 | ever.banuelos@gmail.com

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