1214 N Clark St - Apartments FOR SALE


West Hollywood, CA 90069 | 
$4,375,000 USD
818-456-6475
1214 N Clark St, West Hollywood, CA for Sale
$4,375,000 USD
Apartments - FOR SALE
1/81
null | 5.79% Cap Rate

1214 N Clark St
West Hollywood, CA 90069


HIGHLIGHTS

  • Premier West Hollywood Hills Location, North of Sunset Boulevard
  • Coveted Residential Setting, Just Steps From The Sunset Strip
  • Significant Rental Upside
  • Desirable Unit Mix with Spacious One and Two Bedroom Residences

OVERVIEW

The Brander Investment Group is pleased to present 1214 N Clark Street, a 12-unit multifamily investment opportunity situated in a premier West Hollywood location in the hills just north of the Sunset Strip. The property features a highly desirable mix of generously sized one- and two-bedroom residences, offering spacious floor plans in one of the area’s most coveted residential settings. Positioned above Sunset Boulevard, 1214 N Clark Street offers the appeal of a quieter residential environment while remaining steps from the world-renowned dining, nightlife, hotels, entertainment and lifestyle destinations of the Sunset Strip and greater West Hollywood. This combination of residential character and immediate access to one of Los Angeles’ most dynamic amenity corridors provides a particularly compelling setting for multifamily ownership. The property offers meaningful upside in rents, together with the opportunity for a new owner to further enhance the building and individual residences through strategic improvements over time. Its substantial unit sizes, desirable unit mix and exceptional location provide multiple avenues for long-term value creation. With its coveted north-of-Sunset setting, spacious residences and significant income growth potential, 1214 N Clark Street represents a rare opportunity to acquire a substantial multifamily asset in one of West Hollywood’s most desirable and supply-constrained rental pockets.

FOR SALE DETAILS

PRICE

$4,375,000 USD

PRICE/SF

$388 USD /SF

# OF UNITS

12

PRICE/UNIT

$364,583

CAP RATE

5.79%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Clark Street Residences

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1963

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,704 SF

ZONING

R4, West Hollywood

APN/PARCEL ID

5560-023-034

ASK ABOUT THIS PROPERTY

Zach FriedmanMiller & Desatnik Realty Corp.More Info
818-456-6475

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Zach FriedmanMiller & Desatnik Realty Corp.More Info
818-456-6475

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