Total Price Adjustment of $274,000. Being sold as part of a portfolio with 163 N Clark. Must be sold together. New Portfolio price is $6,326,000. Pls ask listing agent for the portfolio package. 11,502 SF Double Lot | $308,000 Gross Day One. $450,000 Gross once the four additional RTI units (12 existing units with 4 RTI ADU's equaling 16-units) are built and rented. $686,000 Gross Pro-Forma. 8.5+ Pro-Forma Cap We are pleased to present the exclusive listing of 163 North Clark Drive, a charming eight-unit multifamily building built in 1930 comprised of four one-bedroom, one-bathroom units, including one currently vacant, and four single studio units, with an added bonus of Ready-To-Issue (RTI) permits for 2 one-bedroom, one-bathroom ADUs (Accessory Dwelling Units). This property features convenient master metering for utilities, simplifying management tasks. Each unit has upgraded floors and kitchen appliances. With on-site laundry facilities, residents enjoy added convenience, while investors benefit from an additional income stream. Located in the heart of Beverly Hills, residents have easy access to top-notch dining, shopping, and entertainment options, making it an attractive place to call home.From an investment standpoint, this property offers solid returns. With high demand for rentals in Beverly Hills, steady rental income is anticipated, coupled with the long-term value appreciation in this sought-after location. Buyer to verify information independently and with listing broker
Property Details
Property Features
Property Information:
Year Built: 1930
Stories: 2
Living Area: 5,040 SqFt
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Eliyahu Appel
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 4
Exterior Features
Parking Information:
Parking: Carport
Lot Features
Lot Information:
Lot Size: 0.13 Acres
Utilities
Utilities Information:
Heating: None
Cooling: None
School Info
Assigned Schools Information:
Beverly Hills High School, Public District Grades 9-12
Horace Mann Elementary School, Public District Grades KG-8
Other
Directions Information:
Directions: North of Wilshire. West of Robertson
Price Information
Listing Price Info
Price Summary:
List Price: $3,410,000
Price Per SqFt: $677/SqFt
Tax Information:
Annual Amount: $33,626
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Beverly Hills, CA.
This property is $405K more than the Median Sold Price and $358/SqFt less than other homes in Beverly Hills, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24365779
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Eliyahu Appel
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/28/2024, 6:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 06, 2018
Dec 06, 2018Home Sold
$2,700,000
Jun 24, 1992
Jun 24, 1992Home Sold
$580,000
Jan 30, 1990
Jan 30, 1990Home Sold
$900,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$33,626
$2,783,311
2020
$32,681
$2,754,000
2019
$20,549
$2,700,000
2018
$20,034
$1,709,571
2017
$20,034
$1,676,051
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
9
/10
Horace Mann Elementary School
8701 Charleville Blvd
Distance between this listing and this school0.29 miles
Public District Grades KG-8
High School
9
/10
Beverly Hills High School
241 S Moreno Dr
Distance between this listing and this school1.54 miles
Public District Grades 9-12
Nearby Schools
7
/10
Rosewood Avenue Elementary School
503 N Croft Ave
Distance between this listing and this school1.01 miles
Public District Grades KG-6
7
/10
Carthay Center Elementary School
6351 W Olympic Blvd
Distance between this listing and this school1.11 miles
Public District Grades KG-6
8
/10
Canfield Avenue Elementary School
9233 Airdrome St
Distance between this listing and this school1.29 miles
Public District Grades KG-5
Assigned Schools
9
/10
Horace Mann Elementary School
8701 Charleville Blvd
Distance between this listing and this school0.29 miles
Public District Grades KG-8
Nearby Schools
8
/10
Beverly Vista Elementary School
200 S Elm Dr
Distance between this listing and this school0.61 miles
Public District Grades KG-8
8
/10
Hawthorne Elementary School
624 N Rexford Dr
Distance between this listing and this school1.33 miles
Public District Grades KG-8
Assigned Schools
9
/10
Beverly Hills High School
241 S Moreno Dr
Distance between this listing and this school1.54 miles
Public District Grades 9-12
Nearby Schools
4
/10
Fairfax Senior High School
7850 Melrose Ave
Distance between this listing and this school1.76 miles
Public Magnet Grades 9-12
8
/10
Los Angeles Center For Enriched Studies
5931 W 18th St
Distance between this listing and this school1.89 miles
The neighbors living near this home have an average income of $99,273. Typical income of Beverly Hills, CA residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 163 N Clark Dr
What is the listing price of this property?
The listing price of 163 N Clark Dr property is $3,410,000.
What type of property is this?
The property 163 N Clark Dr is a house located in Beverly Hills, California, 90211.
Is this property for sale now?
Active Listing: 163 N Clark Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 163 N Clark Dr are: Horace Mann Elementary School: GreatSchools Rating 9/10Beverly Hills High School: GreatSchools Rating 9/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $33,626 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 6, 2018 for $2,700,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 163 N Clark Dr has 4 bedrooms and 8 bathrooms.
What is the square footage of this property?
The property 163 N Clark Dr is 5,040 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 163 N Clark Dr is 1930.
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This home is located at 163 N Clark Dr in Beverly Hills, CA and zip code 90211 in the The Westside neighborhood. This 5,040 square foot home, which was built in 1930, sits on a 0.13 acre lot. Features: 4 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $3,410,000.
While more than 5 listings in Beverly Hills, CA in March 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 24 were sold below. In March 2024 in Beverly Hills, CA there were 16% more homes for sale than in February 2024. In March 2024 median list price was $3,005,000 and the average listing age was 47 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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