1117 North Clark Street

West Hollywood, CA 90069

$1,990,000
Price
8
Beds
5
Baths
3,573 Sq. Ft.
$557 / Sq. Ft.
3,573
Sq. Ft.
$557
per Sq. Ft.

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...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.
  1. Listed by Steven Kirshbaum • DRE #01381800 • Brokerage DRE #01738973 • The Agency

Property Details for 1117 North Clark Street

Zoning
WDR4*
Parcel Number
5560024031
Total Units
4.0
Living Area
3573
Source Living Area
Vendor Enhanced
Area
Sunset Strip - Hollywood Hills West (C03)
Vacancy Rate
none
Lot Size Area
5976

Location

Listing Courtesy of The Agency, Steven Kirshbaum, DRE #01381800
Add your commute
LISTING UPDATED: 04/28/2024 12:18 AM

Property Details for 1117 North Clark Street

StatusActive
MLS #24-375621
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1938
Lot Size0.14 AC / 5,976 SF
CountyLos Angeles County

Location

Listing Courtesy of The Agency, Steven Kirshbaum, DRE #01381800
Add your commute

Building Information for 1117 North Clark Street

Stories-Residences-Year Built1938Building Size-Lot Size0.14 AC / 5,976 SF

Payment Calculator

$11,501 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,860

Property Taxes

$641

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1117 North Clark Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Multiunits
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $89,325
  • Net Operating Income: $48,037.00
  • Gross Income: $89,325
  • Gross Rent Multiplier: $25.00
  • Total Annual Expense: 41288
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1372
  • Lot Size Square Feet: 5976
Parking Details
Parking Details
  • Parking Garage: Side By Side, Garage - 4+ Car, Private Garage, Driveway
  • Total Parking: 8
  • Covered Parking: 4
  • Open Other Spaces Total: 4
  • Garage Spaces Total: 4
  • Parking Features: Side by Side, Private, Driveway
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating Type: Wall Gas
  • Equipment: Range/Oven
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-04-2024
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,309.40
  • Unit Actual Rent: $1,309.40
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,255.00
  • Unit Actual Rent: $1,255.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,908.00
  • Unit Actual Rent: $1,908.00
  • Unit Projected Rent: $4,200.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,903.70
  • Unit Actual Rent: $1,903.70
  • Unit Projected Rent: $6,000.00
  • Like Units: 4
Unit 5 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $899.93
  • Unit Actual Rent: $899.93
  • Unit Projected Rent: $1,900.00
  • Like Units: 5
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $244,035.00
  • Assessed Improvement Percent: 47.44
  • Assessed Land Value: $270,387.00
  • Assessed Land Percent: 52.56
  • Assessed Total Value: $514,422.00

Property History for 1117 North Clark Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1117 North Clark Street

Taxable ValueLand$270,387Additions$244,035Total$514,422
Tax Record2023$7,696 ($641 / month)
Home Facts
Total Finished SqFt3,573 SqFtAbove Grade Finished SqFt3,573 SqFtLot Size5,976 SqFtStyleQuadraplexYear Built1938ZoningWDR4*CountyLOS ANGELESAPN5560-024-031

Schools near 1117 North Clark Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
West Hollywood Elementary School
PublicK to 5

Hubert Howe Bancroft Middle School
Public6 to 8

Hollywood Senior High School
Public9 to 12

Fairfax Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1117 North Clark Street is a multi-family home for sale in West Hollywood, CA 90069. This property was listed for sale on April 2, 2024 by The Agency, it's currently listed at $1,990,000. This listing's school district is Los Angeles Unified School District. Nearby schools include West Hollywood Elementary School, Hubert Howe Bancroft Middle School and Hollywood Senior High School. 1117 North Clark Street is a 8-bed, 5-bath, 3,573 sqft multi-family home built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Agency, Steven Kirshbaum, DRE #01381800

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.