Property Description

Clark Apartments is a charming two-story complex in the heart of Beverly Hills. It is situated just north of Wilshire and in close proximity to a large array of shops and restaurants. Built in 1930, the property contains a unit mix of four 1-bedroom/1-bathroom units and four studio units. Sits in a quiet neighborhood lined with other multifamily buildings and complete with 5 on-site parking spots, a separate laundry room, and exceptional curb appeal.

After managing Clark Apartments for over 8 years, RB Realty Group represented the seller in the transaction and achieved one of the highest gross rent multiples, lowest CAP rates and highest per unit cost.