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144 N Clark Drive

Beverly Hills, CA 90211
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Bed 8

Bed

Bath 0

Bath

SqFt5,840

Sqft

SqFt6,298

Sqft(Lot)

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 approximately 5,840 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, c ompleting 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 5.48% 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 8.01% 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 5.48% CAP rate on the current. The property is offered at a 13.20 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,845,000

AD Id : 77638063

MLS Id : 26760111

Beds : 8

Lot Size : 6,298 Sqft

Living Area Size : 5,840

Year Built : 1931

Garage : 5

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 8

    Bathroom Information

    Total Baths: 8 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Refrigerator,Dryer,Washer
  • Cooling Features

    Central Air,Wall/Window Unit(s) Air Conditioning

  • Building Information

    Year Built: 1931 Building Area Total: 5,840

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1446
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6298

  • Listing Price Information

    Original List Price: 3,845,000 Listing Contract Date: 2026-04-20
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 4334004038

  • Garage and Parking

    Garage Description: Assigned,Covered,Private,One Space,On Street

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C01 - Beverly Hills Postal Code Plus 4: 1741 Directions: 144 N Clark Drive is located in between Wilshire Boulevard and Burton Way, just West of S Robertson Boulevard and East of Doheny Drive in the prestigious sub market of Beverly Hills. Zoning: BHR4YY Source Property Type: Residential Income Area: C01 - Beverly Hills
  • Building and Construction

    Property Age: 95 Common Walls: 1 Common Wall Property Condition: Updated/Remodeled Year Built Source: Vendor Enhanced Total Square Feet Living: 5840 Property Attached: Yes Levels or Stories: Two,Multi/Split Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
218 S Tower Drive, Beverly Hills, CA, 90211 $9,900,000 24 -- 26,972 26,972 SqFt
203 S Carson, Beverly Hills, CA, 90211 $1,999,999 3 2 1,797 1,797 SqFt
202 S Hamel Drive, Beverly Hills, CA, 90211 $2,499,000 3 2 2,085 2,085 SqFt
205 S Hamel Drive, Beverly Hills, CA, 90211 $2,450,000 3 2 --
207 N Swall Drive, Beverly Hills, CA, 90211 $3,450,000 5 -- 5,338 5,338 SqFt
214 N La Peer Drive, Beverly Hills, CA, 90211 $3,150,000 8 -- 5,293 5,293 SqFt
202 N La Peer Drive, Beverly Hills, CA, 90211 $4,500,000 8 -- 6,300 6,300 SqFt
356 S Clark Drive, Beverly Hills, CA, 90211 $4,795,000 5 6 4,000 4,000 SqFt
329 S Clark Drive, Beverly Hills, CA, 90211 $4,975,000 5 5 3,900 3,900 SqFt
315 N Wetherly Drive, Beverly Hills, CA, 90211 $2,800,000 3 2 1,887 1,887 SqFt

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ByOwner last updated this listing 06/07/2026 @ 17:44

MLS: 26760111 LISTED BY: Daniel Hirth, Keller Williams Beverly Hills 310-432-6400 SOURCE: CRMLS

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