Exceptional opportunity to own a boutique 15-unit multifamily building in one of the best, most central locations in Los Angeles. Well maintained under long-term legacy ownership and built in 1985 the property is uniquely exempt from the Los Angeles City Rent Stabilization Ordinance (RSO). Comprising approximately 10,792 square feet of building area on a 6,096 SF lot, the four-story structure offers a favorable unit mix consisting of 12 studio with one-bath units and 3 one-bed with one-bath units. 4 studios and 1 one-bed unit feature double height ceilings and additional loft space. This configuration is highly sought after by local professionals, singles and couples with prime location to Cedars-Sinai Medical Center and the Grove. Building amenities cater to a premium lifestyle, including gated, semi-subterranean assigned parking, secure access entry system, elevator, private balconies, on-site laundry and unbeatable walkability. The building is master metered for utilities; however, management has implemented a ratio utility billing system (RUBS) to reduce expenses. A diamond in the rough with tremendous upside and long term continued appreciation.
Sold for $5,105,000
$5,105,000
132 S Clark Dr, Los Angeles, CA 90048
15beds
15baths
10,792sqft
Multi Family
Built in 1985
-- sqft lot
$5,117,400 Zestimate®
$473/sqft
$4,134 Estimated rent
Home value
$5,117,400
$4.66M - $5.63M
$4,134/mo
Zestimate® history
Owner options
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$4,134/mo
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$4,134/mo
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$32,400/mo
Est. payment
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$32,400/mo
Est. payment
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List your homeWhat's special
Additional loft spacePrivate balconiesFour-story structureOn-site laundryGated semi-subterranean assigned parkingSecure access entry system
Zillow last checked:
Listing updated:
Listed by:
Michael Grady DRE # 01505317 310-995-8774,
The Agency 424-835-7230,
Bianca Boey DRE # 02168707 213-551-7844,
The Agency
Bought with:
Taylor Avakian, DRE # 02060040
Lyon Stahl Investment Real Estate, Inc.
Freddie Gershinson, DRE # 02254744
Lyon Stahl Investment Real Estate, Inc.
Source: CLAW,MLS#: 25624609
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 15
Rooms
- Room types: Loft, Breakfast Area, Living Room, Patio Covered, Patio Open
Bathroom
- Features: Shower Over Tub
Heating
- Wall
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Oven, Range, Dishwasher, Freezer, Microwave, Range/Oven, Refrigerator
- Laundry: Common Area, Laundry Room, Inside, Laundry Area
Features
- Flooring: Tile, Carpet, Laminate, Mixed
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 10,792
- Total interior livable area: 10,792 sqft
Property
Parking
- Total spaces: 18
- Parking features: Gated, Assigned, Community Structure, Covered, Open, Side By Side, Other, Subterranean, Tandem
- Garage spaces: 11
- Carport spaces: 7
- Covered spaces: 18
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 4
- Entry location: Elevator
- Patio & porch: Other
- Exterior features: Balcony
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 6,098 Square Feet
Details
- Additional structures: None
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
Condition
- Year built: 1985
Community & HOA
Community
- Security: Card/Code Access
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $473/sqft
- Date on market: 12/10/2025
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2026 | Sold | $5,105,000-1.7%$473/sqft |
Source:  CLAW #25624609 Report a problem | ||
| 12/16/2025 | Contingent | $5,195,000$481/sqft |
Source: CLAW #25624609 Report a problem | ||
| 12/10/2025 | Listed for sale | $5,195,000$481/sqft |
Source: CLAW #25624609 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Mid City West
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Nearby schools
GreatSchools rating
- 7/10Rosewood Avenue Elementary SchoolGrades: K-5Distance: 0.7 mi
- 7/10John Burroughs Middle SchoolGrades: 6-8Distance: 2.8 mi
- 5/10Fairfax Senior High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$5,117,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$5,117,400
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