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1218 S Barrington Avenue
Los Angeles CA 90025 US

$4,100,000

Active Listing ID SR24044736
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3 bed
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4.00 Bath (4 Full Bath)
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Lot: 10,496.00 Square Feet
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Other

$4,100,000

Active Listing ID SR24044736
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1218 S Barrington Avenue The Andrews Group has been exclusively retained to market for sale a value-add multifamily property on one of the most sought-after corners in all of Los Angeles' West Side. 1218-1220 South Barrington is a 9, 500-square foot multifamily building constructed in 1957 containing thirteen units. (Unit Mix: (1) 2+2, (8) 1+1, (4) Studio) This multifamily property has been a family-held, well-maintained asset for many decades, ready to be handed to a new owner to enjoy the significant upside of the below-market rents. Each unit at 1218 South Barrington includes a balcony, spacious rooms with space for storage, laundry on-site, and parking. On average, the 1218 South Barrington Ave units are rented at approximately 35% under market value. In addition, updates to 1218 South Barrington include completion mandatory earthquake retrofitting and a new roof. 1218 South Barrington is situated on a short drive from the Santa Monica coast in the quiet, upscale neighborhood of Brentwood in West Los Angeles, CA. Residents of 1218 S Barrington Avenue will enjoy the proximity to the trendy local restaurants, bars, dessert shops, grocers, craft stores, and various other specialty shops in town in less than a ten-minute walk. Sited two miles away from the University of California and the VA Greater Los Angeles Healthcare Systems, this is the perfect location. Well maintained, with incredible accessibility, 1218 S Barrington Avenue is primed to offer an ideal investment opportunity to acquire a multifamily asset strategically located in desirable West Los Angeles.

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Property Features

  • Facts
  • Lot Size: 10,496.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Exterior Finish: Community Features Included: Curbs, Gutters, 0-1 Unit/Acre, Lot 10000-19999 Sqft, Near Public Transit

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 4100000
  • unparsedaddress: 1218 S Barrington Avenue
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90025
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.240955004591368
  • lotsizeunits: Square Feet
  • lotsizearea: 10496
  • livingarea: 9500
  • livingareaunits: Square Feet
  • listagentfullname: Daniel Andrews
  • listagentemail: dan@theandrewsgrp.com
  • listagentkey: 3yd-MRMLSCA-SR207064588
  • listagentmlsid: SR207064588
  • listagentpreferredphone: 8185779357
  • listagentofficephone: 8189937370
  • listofficekey: 3yd-MRMLSCA-F2435001
  • listagentstatelicense: 02018695
  • listofficemlsid: F2435001
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1957
  • listingcontractdate: 2024-03-05
  • listagenturl: https://pinnacleestate.com
  • countyorparish: Los Angeles
  • parcelnumber: 4263011027
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 15
  • parkingfeatures: Assigned
  • waterfrontyn: False
  • exteriorfeatures: Community Features Included: Curbs, Gutters, 0-1 Unit/Acre, Lot 10000-19999 Sqft, Near Public Transit
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 3/26/2024 1:42:44 PM GMT
Source Updated Date: 4/28/2024 6:53:11 AM GMT

Courtesy of: Daniel Andrews, Pinnacle Estate Properties, dan@theandrewsgrp.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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