Spanish-Style 4-Unit
For Sale
$2,995,000
169 N Clark Dr, Beverly Hills, CA 90211
Four occupied residences feature two bedrooms, one bath, and individual laundry rooms in each unit.
Property Size5,540 SF
Lot Size0.13 Acres
Price / SF$540.61
Days on Market8
Property Features for 169 N Clark Dr
General Information
Standard status
Active
Size
5,540 SF
Lot size
0.13 Acres
Property subtype
MULTI_FAMILY
Occupancy
100%
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Amenities
decorative fireplaces
individual laundry rooms
balcony
Building Details
Building Size
5,540 SF
Year Built
1930
Buildings
1
Construction
Spanish
Listing Agency:
Equity Union
Listed By:
Eliyahu Appel · License #01918652
(818) 212-2700
Source:
Carolinakramer
Added: Oct 9
Changed: Oct 11
Last Checked: Oct 16 at 4:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Union
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Investment Insights
Based on property information with market context.
Built in 1930, this four-unit Beverly Hills property contains 5,540 gross square feet of living space on a 5,752-square-foot lot. Each residence has two bedrooms, one bathroom, hardwood floors, a decorative fireplace, and an individual laundry room; all four are occupied. Spanish architectural elements include a clay tile roof, arched entry, and wood-railed balcony. RTI plans provide for additional units above the garages.
The property sits directly north of Wilshire Boulevard, with access to nearby dining, shopping, and commercial corridors. Its residential layout and period details are complemented by the proposed expansion plans.
The property sits directly north of Wilshire Boulevard, with access to nearby dining, shopping, and commercial corridors. Its residential layout and period details are complemented by the proposed expansion plans.
Key Highlights
- Four occupied residences, each with two bedrooms and one bathroom
- 5,540 gross square feet of living space on a 5,752‑square‑foot lot
- Individual laundry rooms, hardwood flooring, and decorative fireplaces in each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,748
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,934,960
$1.9M
Cap Rate 7%
$1,382,114
$1.4M
Cap Rate 9%
$1,074,978
$1.1M
Market Conditions
NOI Build-Up for 5,540 SF
Gross rent
$149.6K $27.00/SF
− Vacancy
−$11.4K −$2.05/SF
EGI
$138.2K $24.95/SF
− OpEx
−$41.5K −$7.48/SF
NOI
$96.7K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,934,960
Cap Rate 7%
$1,382,114
Cap Rate 9%
$1,074,978
Alternative Uses
Best Use
Multifamily LT 5
$1.38M
$1.21M – $1.61M
NOI $96,748 @ 7.0% cap · market cap 3.23%
Second Best
Apartment 5plus
$1.27M
$1.11M – $1.49M
NOI $89,143 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$2.97M
$2.60M – $3.46M
NOI $207,627 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
12,566
Businesses Nearby
Explore this area
Business Placement
Demographics for 90211, CA
8,260
Population
4,209
Households
2
Avg Household Size
41
Median Age
67%
College-Educated
95%
High-School Grad
0.7 sq mi
ZIP Area
11,800
Density / Sq Mi
$118,125
Median Household Income
$62,061
Median Earnings
$2,815
Median Rent
$2,000,001
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four occupied residences feature two bedrooms, one bath, and individual laundry rooms in each unit.
Where is this quadplex located?
The property is located at 169 N Clark Dr Beverly Hills, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Four occupied residences, each with two bedrooms and one bathroom; 5,540 gross square feet of living space on a 5,752‑square‑foot lot; Individual laundry rooms, hardwood flooring, and decorative fireplaces in each residence
