Listing provided courtesy of Kunal Sethi of Sync Brokerage, Inc.. Last updated 2024-10-31 08:11:24.000000. Listing information © 2024 CRMLS.
Asking Price: $2,495,000
1204 Clark, West Hollywood CA 90069
Community: C03 - Sunset Strip - Hollywood Hills West
Status: Active
This Quadruplex property was built in 1928 and is priced at $2,495,000. Please see the additional details below.
This fully-occupied income producing property is located north of the world famous Sunset Blvd (Sunset Strip) and features (4) four distinct fully-rented units on a 6,718 Square feet R4 zoned lot, offering unparalleled potential for continued rental income or redevelopment. The Unit mix consists of One 2+2+Den, One 2+1.5, One 1+1+Den and one 1+1 units.
The potential for Redevelopment is immense with the R4 zoning, A+ Location, Breathtaking views and Expansive Lot Size. Whether you envision modern luxury condos, exclusive high-end townhomes or multi-family apartments, the possibilities with this property are endless. The area is a hot bed for redevelopment.
This subject property boasts stunning views, serene surroundings and is located close to the vibrant heart of West Hollywood, Los Angeles and Beverly Hills. The subject property is right below the coveted Bird streets and Trousdale Estates which feature homes in the tens of millions of dollars. Sunset Boulevard in West Hollywood is a dynamic mix of culture, entertainment and luxury, making it a must-visit destination in Los Angeles. Some of the highlights of the Sunset Strip in West Hollywood include iconic destinations such as The Roxy Theater, The Viper Room, Chateau Marmont, The Comedy Store, Sunset Plaza, Whiskey A Go Go, Skybar at Mondrian along with many iconic hotels. This is an incredible opportunity to any astute investor to acquire a generational property. Location! Location! Location!