$3,995,000
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1218 S Barrington Ave Los Angeles, CA 90025
10 Beds
14 Baths
9,500 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,500 sqft
Price per Sqft $347
MLS Listing ID 24-412819
Bedrooms 10
Year Built 1957
Lot Size 10,496 Sqft
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 rental locations in all of Los Angeles.
Location
State CA
County Los Angeles
Area West L.A.
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall/Window
Equipment None
Exterior
Garage Assigned
Garage Spaces 23.0
Building
Story 2
Others
Special Listing Condition Standard
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Bought with Remax Commercial and Investment Realty