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$4,100,000
72 Days Online

1218 S Barrington Avenue
Los Angeles, CA 90025

For Sale|Single Family Home|Active
0
Beds
0
Full Baths
0
Partial Baths
9,500
SqFt
$432
/SqFt
1957
Built
County:
Los Angeles
Listed by Daniel Andrews of Pinnacle Estate Properties ?

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1218 S Barrington Avenue1218 S Barrington Avenue1218 S Barrington Avenue1218 S Barrington Avenue
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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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Listing Snapshot
Price 
$4,100,000
Days Online 
72 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,500 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.241 Acres
Year Built 
1957
MLS® Number 
SR24044736
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen online
General Features
Parking 
Assigned
Parking Spaces 
15
Sewer 
Public Sewer
Number of Stories 
2
Acreage 
0.241
Water 
Public
Property Sub Type 
Mixed Use
Garage Spaces 
0
Zoning 
LAR3
Listing Conditions 
Standard
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Lot 
Item01 Unit AcreNear Public Transit
Community Features
Community Features 
CurbsGutters
Senior Community 
No
MLS Area 
WLA - West Los Angeles


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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