1204-1206 N Clark St - Apartments FOR SALE


West Hollywood, CA 90069
$2,345,000 USD
818-400-9292
1204-1206 N Clark St, West Hollywood, CA for Sale
$2,345,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

1204-1206 N Clark St
West Hollywood, CA 90069


HIGHLIGHTS

  • Location! Location! Location! Prime West Hollywood Hills. North of Sunset Strip.
  • 6,718 SF R4 Zoned lot - High Density Residential Development Opportunity. Multifamily / Condos / High Density Housing.
  • Exceptional Investment opportunity. Yielding over 4.37%+ CAP on current income.
  • Generational Trophy Property. On market after 15+ Years.
  • Surrounded by Bird Streets, Trousedale Estates, Beverly Hills and some of the best areas Los Angeles has to offer.
  • Area has multiple development projects underway.

OVERVIEW

Prime West Hollywood Location! This income-producing property, located just north of Sunset Blvd (Sunset Strip), offers breathtaking views and exceptional development potential. The 6,718 SF R4-zoned lot features four fully occupied units, including a mix of 2+2+Den, 2+1.5, 1+1+Den, and 1+1. The front 2-bed + 2-bath unit with den/bonus room is ideal for an owner-user, offering a large front patio, rear balcony, in-unit laundry, central HVAC, spacious kitchen, and city views. With month-to-month tenants, the property provides stable rental income while offering future redevelopment opportunities. The property is surrounded by multimillion-dollar homes and sits in one of West Hollywood’s most desirable neighborhoods, just below the coveted Bird Streets and Trousdale Estates, known for their luxurious estates valued in the tens of millions. The location offers easy access to the best of West Hollywood and Beverly Hills, including world-renowned destinations like Soho House, The Roxy, The Viper Room, Chateau Marmont, The Comedy Store, and exclusive hotels like 1 Hotel West Hollywood, Pendry Hotel, and The Edition. With its R4 zoning, this property offers significant redevelopment potential, whether for luxury condos, high-end townhomes, or multifamily apartments. The lot’s expansive size and prime location, combined with stunning city views, make this an ideal opportunity for a developer looking to capitalize on one of Los Angeles' hottest areas. West Hollywood is experiencing rapid growth and transformation, with the Sunset Strip emerging as a hub for high-end developments. The area is in high demand due to its vibrant culture, entertainment, and proximity to top dining, nightlife, and upscale shopping. This is a rare chance to acquire a prime asset in one of the most sought-after locations in Los Angeles, offering long-term value and the potential for significant appreciation.

FOR SALE DETAILS

PRICE

$2,345,000 USD

PRICE/SF

$692 USD /SF

# OF UNITS

4

PRICE/UNIT

$586,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,718 SF

ZONING

WDR4

APN/PARCEL ID

5560-023-032

ASK ABOUT THIS PROPERTY

Kunal SethiSync Brokerage, IncMore Info
818-400-9292

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Kunal SethiSync Brokerage, IncMore Info
818-400-9292

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.