128 N Clark Dr, West Hollywood, CA 90048 - View 1
128 N Clark Dr, West Hollywood, CA 90048 - View 2
128 N Clark Dr, West Hollywood, CA 90048 - View 3

128 N Clark Dr, West Hollywood, CA 90048

Sale Price: $1,800,000
Jan 20, 20254,604 sqft8 beds6 baths
Listed by: Danny Mahelka
License #: 01170359
Phone #: 310-887-0220
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: 25485753

Property Description

Rare opportunity to purchase this 6 unit building for the first time in 60 years. Major upside potential, come take advantage of the existing super charming units and add your personal touch to this trophy property. Currently consisting of (2) two-bedroom units and (4) one-bedroom units. Located on a charming, tree-lined street, the building is 4,604 gross square feet and sits on a 6,002-square-foot lot. Residents enjoy a 97 walk score with unparalleled access to world-class dining, retail shops, and entertainment along the renowned Beverly Blvd & 3rd Street. Beverly Hills is just minutes away, and Cedars Sinai next door. This prime location ensures excellent connectivity via San Vicente Blvd and Beverly Blvd, offering both lifestyle and convenience. With lovely, responsible tenants in place and easy maintenance features, this offering presents a value-add investment opportunity, offering a 3.83% initial CAP rate with the potential to achieve 9.04% once units turnover. Don't miss your chance to own a piece of this thriving community next to world class medical services, culture, and entertainment.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$31,431

TurboHome Estimated Value

$1,897,700

$412 sqft

High Valuation
$1,992,585
$433/sqft
Normal Valuation
$1,897,700
$412/sqft
Low Valuation
$1,802,815
$392/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$412/sqft$1,897,700

Neighborhood: Mid City West

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Comparative Value

$1.43M

$1.63M

$1.70M

$1.80M

$1.93M

$2.30M

1206 S Sherbourne Dr, Los Angeles, CA 90035

Sale Price: $1,434,660

Selected Comparable

6216 Orange St, Los Angeles, CA 90048

Sale Price: $1,625,000

Selected Comparable

128 N Clark Dr, West Hollywood, CA 90048

List Price: $1,700,000

Subject Property

128 N Clark Dr, West Hollywood, CA 90048

Sale Price: $1,800,000

Selected Comparable

329 N Gardner St, Los Angeles, CA 90036

Sale Price: $1,926,000

Selected Comparable

100 N Kings Rd, Los Angeles, CA 90048

Sale Price: $2,300,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
128 N Clark Dr, West Hollywood, CA 90048

128 N Clark Dr, West Hollywood, CA 90048

List: $1,700,000

Listed: 1/20/2025

Area:4,604 sqft
Price/sqft:$369
Beds:8
Baths:6
Year Built:
Lot Size:6,002

Comparable Properties

COMPARABLE
Choose comps
128 N Clark Dr, West Hollywood, CA 90048

128 N Clark Dr, West Hollywood, CA 90048

Sale: $1,800,000

2/21/20250.00 mi

Area:4,604 sqft
Price/sqft:$391
Beds:8
Baths:6
Year Built:
Weight:25.4%
100 N Kings Rd, Los Angeles, CA 90048

100 N Kings Rd, Los Angeles, CA 90048

Sale: $2,300,000

1/7/20250.74 mi

Area:5,003 sqft
Price/sqft:$460
Beds:8
Baths:6
Year Built:
Weight:21.7%
329 N Gardner St, Los Angeles, CA 90036

329 N Gardner St, Los Angeles, CA 90036

Sale: $1,926,000

1/7/20251.78 mi

Area:5,140 sqft
Price/sqft:$375
Beds:8
Baths:6
Year Built:
Weight:20.1%
6216 Orange St, Los Angeles, CA 90048

6216 Orange St, Los Angeles, CA 90048

Sale: $1,625,000

5/28/20251.44 mi

Area:4,681 sqft
Price/sqft:$347
Beds:7
Baths:5
Year Built:
Weight:16.5%
1206 S Sherbourne Dr, Los Angeles, CA 90035

1206 S Sherbourne Dr, Los Angeles, CA 90035

Sale: $1,434,660

1/31/20251.46 mi

Area:5,145 sqft
Price/sqft:$279
Beds:9
Baths:6
Year Built:
Weight:16.3%

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