





Listing Agent: Daniel Hirth
Listing Office: Keller Williams Beverly Hills
Attribution contact: 310-300-2838
Description
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 approximately5,840 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, completing 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 5.28% 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 7.90% 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 5.28% CAP rate on the current. The property is offered at a 13.55 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.
Location
Listed By
Similar Listings
$3,995,000
8
4,224 Sq ft
ACTIVE
MLS# 25621183
Listing Agent: Jesse Weinberg
Listing Office: Jesse Weinberg
$3,995,000
8
4,500 Sq ft
ACTIVE
MLS# 26645551
Listing Agent: R. Austin Brasch
Listing Office: Compass
$3,850,000
8
7,083 Sq ft
ACTIVE
MLS# 26661777
Listing Agent: Jason Tuvia
Listing Office: Marcus & Millichap
$3,800,000
8
8,594 Sq ft
ACTIVE
MLS# 26640199
Listing Agent: Thomas Yong Kim
Listing Office: Apple Tree Realty
$3,595,000
8
14,224 Sq ft
ACTIVE
MLS# 26657677
Listing Office: NorthMarq Realty Services, Inc.
$3,500,000
8
6,089 Sq ft
ACTIVE
MLS# 25607679
Listing Agent: Travis Parker
Listing Office: Sotheby's International Realty
$3,449,000
8
2,880 Sq ft
ACTIVE
MLS# 25598237
Listing Agent: Consuela Kielbowicz
Listing Office: Del Rey Urban Brokerage Inc
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 28th April, 2026 12:47 PM (UTC)




































































