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1438 S Barrington Ave

Los Angeles, CA 90025
  • $2,800,000
  • STATUS: Active
  • ON SITE: 65 Days
  • ID#: 21-106985
UPDATED: 22 min ago
$2,800,000
  • 11
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,051
    SQFT
  • $463
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1961
County:
Area:

School Ratings & Info

Description

This is a tremendous opportunity to own a wonderfully located West Los Angeles 7-unit apartment building. This 7-unit property is 100% occupied and consists of three 1BR+1BA units and four 2BR+2BA units. It also includes 7 tandem parking spots for each unit. This building is 6,061 sq ft and sits on a 7,000 sq ft lot. This centrally located property is tucked between Wilshire Blvd and Santa Monica Blvd, and enjoys all of the great nearby restaurants and shops as well as easy access to Brentwood, Westwood, Santa Monica, and the 405 freeway. Additionally, this building has a 94 Walk Score, 73 Bike Score and 67 Transit Score, which is close to UCLA, University High School, and Santa Monica Community college. Permits and plans for the seismic retrofit, to be completed by the new owner, will convey with the sale of this property.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-25T13:42:50.293. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.trulinerealty.com/homes/123462424
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1438 S Barrington Ave Los Angeles, CA 90025

  • Price: $2,800,000
  • Status: Active
  • On Site: 65 Days
  • Updated: 22 min ago
  • ID#: 21-106985
11
Beds
0
Baths
0
½ Baths
0.16
Acres
6,051
SQFT
$463
$/SQFT
1961
Built
Neighborhood:
West L.A.
County:
Los Angeles
Area:
West L.A.
Property Description
This is a tremendous opportunity to own a wonderfully located West Los Angeles 7-unit apartment building. This 7-unit property is 100% occupied and consists of three 1BR+1BA units and four 2BR+2BA units. It also includes 7 tandem parking spots for each unit. This building is 6,061 sq ft and sits on a 7,000 sq ft lot. This centrally located property is tucked between Wilshire Blvd and Santa Monica Blvd, and enjoys all of the great nearby restaurants and shops as well as easy access to Brentwood, Westwood, Santa Monica, and the 405 freeway. Additionally, this building has a 94 Walk Score, 73 Bike Score and 67 Transit Score, which is close to UCLA, University High School, and Santa Monica Community college. Permits and plans for the seismic retrofit, to be completed by the new owner, will convey with the sale of this property.
Exterior Features

Carport Spaces Total 7 Cross Streets Ohio Ave And Rochester Ave Lot Description Gated Community Lot Location City Lot Size Area 7000 Other Structures None Parking Garage Carport AttachedAssignedTandem Patio Features BalconyEnclosedPatio Open Pool Description None Pool YN No Spa None Spa YN No Style Mid-Century Tennis Court None Total Parking 7

Interior Features

Baths Total 11.00 Cooling Ceiling Fan Den No Dining Room No Equipment Ceiling FanGarbage DisposalRange/OvenRefrigeratorWasherDryer Family Room No Fireplace Rooms None Flooring Ceramic TileHardwoodMixed Heating Wall Laundry Community Laundry Equipment Own Rooms Patio EnclosedLiving RoomDining AreaPatio Open Water Heater Features Central Water Heater

Property Features

Assessed Total Value 1424713 Gross Income 172490 Gross Operating Income 172490 Like Units1 4 Like Units2 3 Net Operating Income 123388.00 Number Of Buildings 1 Number Of Units 7 Owner Pays GardenerWater Rent Control YN Yes Sale Type Standard Sewer In Street Paid Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricityCable Tv Total Annual Expense 49101 Type Of Units Apartments Water Public Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Laura Klein DRE#01435968 of Kre + Associates.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-25T13:42:50.293. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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TruLine Realty
2999 Overland Ave., Suite 116
Los Angeles CA, 90064