968 S Barrington Ave

Los Angeles, CA, 90049

$3,450,000

$511 per ft²
$3,450,000
$511 per ft²
Active
Active
 - For Sale
beds
10 Beds
baths
10 Baths
carpenters-square
6,739 ft²
property_type
Multi-family
calendar
Built 1961
HUGE PRICE REDUCTION! ONLY $431,250 PER UNIT! 968 S. Barrington Avenue is a rare investment opportunity to acquire an asset in the heart of LA's famed community of Brentwood. Consisting of 8 units set amongst lushly landscaped grounds, the building boasts an ideal unit mix consisting of spacious 1 bedroom & 2 bedroom units. Each of these units is spacious, has a terrific floor plan, and offers an abundance of natural light. Current ownership has invested significant capital into the property and many of the units have been remodeled. The unit mix includes (2) 2-bed, 1.5-bath units and (6) 1-bed, 1-bath units. This is a great turnkey asset in a a premier location that will surely pay long-term dividends to a savvy investor. Additional property features include on-site parking, copper plumbing, 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 of San Vicente Blvd., this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire an easy to manage asset in one of the best locations of the Westside.
MLS® ID:
22-218511
Listed:
11/14/22
Updated:
3/30/23

Interior Features

Total Bedrooms
10
Total Bathrooms
10
Laundry Description
Community
Cooling
Wall/Window
Heating
Wall

Exterior/Building Features

Lot Size
5,000 ft² lot
Exterior Features
None

Other Property Details

Garage
No
Parking
Assigned, Carport Attached
Parking Total
8.0
View
N
County
Los Angeles
Pool
No
Total Stories
2
Zoning
LAR3

Property History

Date
Event
Price
Value
12/27/22
Price Change
$3,450,000
-7%

Courtesy of Remax Commercial and Investment Realty, Jonathan Taksa,
Listing Contact:  

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 Megan Whalen Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2023 Combined L.A./Westside MLS. All rights reserved.

Data last updated 3/30/23

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