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1438 S Barrington Avenue

Los Angeles (City), CA 90025
  • $2,800,000
  • STATUS: Active Under Contract
  • ON SITE: 58 Days
  • MLS #: 21106985
Under Contract
UPDATED: 16 min ago
$2,800,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Listing Agent(s): Laura Klein of Kre + Associates (310-459-7765)


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 California Regional Multiple Listing Service, Inc. as of 2022-01-18T08:23:25.297. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
www.carlilerealty.com/homes/123462208
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1438 S Barrington Avenue Los Angeles (City), CA 90025

  • Price: $2,800,000
  • Status: Active Under Contract
  • On Site: 58 Days
  • Updated: 16 min ago
  • MLS #: 21106985
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1961
Built
Neighborhood:
WLA - West Los Angeles
County:
Los Angeles
Area:
WLA - West Los Angeles
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

Architectural Style Mid-Century Modern Carport Spaces 7 Carport YN Yes Number Of Separate Electric Meters 7 Parking Features Attached CarportAssignedGarageTandem Parking Total 7 Pool Features None Pool Private YN No Spa Features None Spa YN No

Interior Features

Appliances DisposalRefrigeratorDryerWasher Fireplace Features None Fireplace YN No Flooring Wood Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(S)

Property Features

Additional Parcels YN No Association Fee 0 Buyer Financing Cash Disclosures Familial RelationRent ControlSeller Disclosure Exclusions Tenant's Personal Property Garage YN Yes Gross Income 172490 Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 123388 New Construction YN No Number Of Separate Gas Meters 7 Number Of Units Leased 7 Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Vacancy Allowance Rate 0 Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-18T08:23:25.297. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
 
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ERA CARLILE Realty Group
1860 Howe Avenue, Suite 100
Sacramento CA, 95825
Listing Agent(s): Laura Klein of Kre + Associates (310-459-7765)