Active

1218 S Barrington AVE

LOS ANGELES CA, 90025

$4,100,000


$431.58 per sqft

Active

3 Beds

9,500 sqft

Residential

Built in 1957

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.

SR24044736MR

MLS ID

March 1, 2024

Listed

April 5, 2024

Updated

Map

1218 S Barrington AVE
LOS ANGELES CA, 90025

Interior Features

Total Stories

2


Bedrooms

3 Beds


Laundry Description

Laundry Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.24 Acres


Sewer

Public Sewer

Other Property Details

Area Name

West L.A.


Days on Market

4


Garage

No


Parking

Assigned


Parking Total

15


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR3

Listed by Daniel Andrews with Pinnacle Estate Properties
Listing Contact: 818-577-9357 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ramey Ward | CA DRE# 01456908 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 4/5/2024

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