1218 S Barrington Avenue
Los Angeles, CA 90025
- – beds
- – baths
- – sqft
- 10,496 sqft lot
- 1957 build
- – on site
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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Last updated Mar 5, 2024
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MLS# SR24044736 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/5/24
Mar 5, 2024
|
Listed / Active | CRMLS_CA | $4,100,000 |