1005 S Barrington Avenue

    Los Angeles (City), CA 90049
    • $2,638,000
    • STATUS: Closed
    • ON SITE: 141 days
    • ID#: 18360858
    Sold - 08/16/2018
    $2,638,000
    SOLD - 08/16/2018
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,447
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    1005 S. Barrington Avenue is a 5 unit property ideally located in one of the most prime areas of Los Angeles' Westside. The property has an ideal unit mix of 3 Three Bedroom Two Bath units and 2 Two Bedroom Two Bath units. There is massive rental upside, as current in place rents average $1.96 per square foot. The building has been well maintained, and every unit features a dynamite floor plan flooded with natural light. Unit amenities include central heat, large kitchens, balconies/patios, and several upgraded interiors. Unit 1 occupies the entire first floor and presents a perfect owner user opportunity. Property is situated on the Southwest corner of Barrington Avenue and Mayfield Avenue, walking distance to San Vicente's nightlife and fine dining establishments.

    Sold by Jonathan Taksa of Remax Commercial And Investmen.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-21T08:27:15.513. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/85251807

    1005 S Barrington Avenue Los Angeles (City), CA 90049

    • Price: $2,998,000
    • Status: Closed
    • Updated: 57 min ago
    • ID#: 18360858
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    6,447
    SQFT
    $0
    $/SQFT
    1962
    Built
    Neighborhood:
    C06 - Brentwood
    County:
    Los Angeles
    Area:
    C06 - Brentwood
    Property Description
    1005 S. Barrington Avenue is a 5 unit property ideally located in one of the most prime areas of Los Angeles' Westside. The property has an ideal unit mix of 3 Three Bedroom Two Bath units and 2 Two Bedroom Two Bath units. There is massive rental upside, as current in place rents average $1.96 per square foot. The building has been well maintained, and every unit features a dynamite floor plan flooded with natural light. Unit amenities include central heat, large kitchens, balconies/patios, and several upgraded interiors. Unit 1 occupies the entire first floor and presents a perfect owner user opportunity. Property is situated on the Southwest corner of Barrington Avenue and Mayfield Avenue, walking distance to San Vicente's nightlife and fine dining establishments.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Carport Parking YN Yes

    Interior Features

    Cooling None Cooling YN No Laundry Features See Remarks

    Property Features

    Cap Rate 2.90 Gross Multiplier 20.63 Gross Operating Income 140958.00 Improvements Amount 165670 Land Value 89033 Laundry YN Yes Net Operating Income 86911.00 Special Listing Conditions Standard Total Expenses 54047.00 Zoning Lar3

    Listing provided courtesy of Jonathan Taksa of Remax Commercial And Investmen and Daniel Hu of .


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-21T08:27:15.513. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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