107 S Clark Ave Los Angeles, CA 90048
4-Unit Apartment in Prime Beverly Hills Adjacent
SOLD: $1,900,000 CAP RATE: 2.93% GRM: 22.11 PRICE PER SQUARE FOOT: $481
We are pleased to announce the successful closing of 107 S Clark Drive, a highly desirable four unit multifamily asset located adjacent to Beverly Hills. The transaction was completed efficiently, delivering a smooth and seamless experience for both buyer and seller. David Saghian exclusively represented the seller and successfully negotiated a strong outcome.
The property features a desirable unit mix of (4) one bedroom one bath units with large floor plans averaging approximately 1,000 square feet, appealing to a wide tenant base. With approximately 35% upside in rental income, the asset presented a compelling value add opportunity for the buyer to increase cash flow and maximize long term returns.
Ideally positioned just moments from Beverly Hills, West Hollywood, Melrose Avenue, and some of Los Angeles’ top dining, shopping, and entertainment destinations, 107 S Clark Drive represents a premier investment in one of the city’s most sought after rental markets.
Investment Highlights
• Successfully closed transaction with strong execution, delivering a smooth and efficient process for both buyer and seller
• David Saghian exclusively represented the buyer and secured a strong investment opportunity
• Prime location adjacent to Beverly Hills in one of Los Angeles’ most sought after rental submarkets
• Desirable unit mix of (4) one bedroom one bath units appealing to a wide tenant base
• Large units averaging approximately 1,000 square feet, well above typical size for the area
• Approximately 35% upside in rental income, offering significant value add potential
• Ideal opportunity for interior renovations to increase rents and maximize returns
• Strong tenant demand driven by proximity to Beverly Hills, West Hollywood, and Melrose Avenue
• Close to premier dining, shopping, and entertainment destinations, enhancing long term rental appeal
Exclusively Listed & Sold By:
David Saghian
(310) 401-1559
dsaghian@lyonstahl.com