1218 S Barrington Avenue Los Angeles, CA 90025
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site72 Days
- MLS StatusActive
- MLS ID NumberSR24044736
- Home Size Source N/A
- Year Built1957
- Lot Size0.241 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Assigned
- Parking Spaces 15
- Sewer Public Sewer
- Number of Stories 22
- Acreage 0.241
- Water Public
- Garage Spaces 0
- Zoning LAR3
- Listing Conditions Standard
Interior Features
- Laundry Features Common Area
Exterior Features
- Pool Features None
- Lot 0-1 Unit/ AcreLot 10000-19999 SqftNear Public Transit
Community Features
- Community Features CurbsGutters
- Senior Community No
- MLS Area WLA - West Los Angeles