1218 S Barrington Ave, Los Angeles, CA 90025

$3,995,000
10
BD
14
BA
9,500
SqFt
List Price
$3,995,000
MLS#
24-412819
Year Built
1957
Bedrooms
10
Bathrooms
14
Living Sq. Ft
9,500
Lot Size
10,496
Days on Market
7
Property Type
Multifamily
Stories
2

Property Description

We are pleased to offer for sale a rare multifamily investment opportunity at 1218 S Barrington Avenue in the heart of LA's vibrant Westside. Consisting of 13 units encompassing a beautifully landscaped setting, the building boasts an ideal unit mix of large studio, 1-bedroom, and 2-bedroom units. Each of these units is spacious, has a terrific floor plan, and offers an abundance of natural light. The unit mix includes (1) 2-bed, 2-bath unit, (8) 1-bed, 1-bath units, and (4) studio units. This is a trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. Additional property features include on-site parking for 23 cars, copper plumbing, controlled access entry, a newer roof, and an on-site laundry facility. All soft story seismic retrofitting has been completed by ownership. A quick walk to the high-end dining and nightlife on Wilshire Blvd, and directly across the street from the prestigious Brentwood community, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rentallocations in all of Los Angeles.

Additional Information

Other Buildings
None
Heat
Wall
Cooling
Wall/Window
Number of Cars in Garage
Assigned

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Remax Commercial and Investment Realty, Jonathan Taksa - CA DRE#01366169

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