$1,675,000
$1,650,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
5 Baths
3,573 SqFt
SOLD DATE : 07/11/2024
Key Details
Sold Price $1,675,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,573 sqft
Price per Sqft $468
MLS Listing ID 24375621
Bedrooms 8
Year Built 1938
Lot Size 5,976 Sqft
Property Description
Introducing a unique investment opportunity in the heart of West Hollywood. Totaling 3573 square feet of living space on a 5976 square foot lot. This is a character-filled fourplex which could be a perfect owner/user opportunity, making its debut on the market after decades, enjoys a coveted location just steps away from the premier shopping and dining destinations of Sunset Boulevard. Positioned north of Sunset and nestled behind the iconic Whisky A Go Go, this property offers unparalleled convenience to local amenities and entertainment hubs. Get in early as this location is primed for major investment and redevelopment of the Viper Room and the proposed 269,263 gross square foot mixed use and hotel development. Currently generating consistent income with huge upside revenue potential, the property showcases its original architectural charm and offers flexibility for customization. Each of the four residences boasts distinct layouts and some have captivating 180 views. The primary residence features a generous 3-bedroom, 2-bathroom layout spanning 1326 square feet, complete with a 4-car garageideal for an owner/user seeking supplemental rental income. A serene courtyard separates the main residence from the rear structure, which comprises three legal units and a studio, offering a total of two 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unitall individually metered for utilities. Parking is abundant with the four garage spaces and three tandem spots, ensuring convenience for residents and guests alike. Ideally situated at 1117-1119 Clark Street, this property presents a compelling value-add opportunity for discerning investors seeking prime real estate in an A+ location. Whether you're looking for a profitable investment or a unique owner/user scenario, don't miss your chance to claim this exceptional property in one of West Hollywood's most sought-after neighborhoods.
Location
State CA
County Los Angeles
Area C03 - Sunset Strip - Hollywood Hills West
Zoning WDR4*
Interior
Cooling Wall/Window Unit(s)
Exterior
Garage Driveway, Private, Side By Side
Garage Spaces 4.0
Garage Description 4.0
Building
New Construction No
Others
Special Listing Condition Standard
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Bought with Steven Kirshbaum • The Agency