MLS® ID: 18-394924

1105 S Barrington Ave

Los Angeles, California, 90049

$4,700,000 Active
  • 8744 SQFT
An eight-unit apartment building located in the highly desirable Brentwood submarket of Los Angeles. Built in 1955, the property has an excellent unit mix of two three-bedroom units, four two-bedroom units, and two one-bedroom units. The property is situated on a 7,400 square foot cornet lot. Seven of the eight units have been remodeled beautifully. Additionally, there is onsite parking for tenants. With a 4.4% going in cap rate, and only a 15.2x gross rent multiplier, this is a great long-term-hold or value-add opportunity for any buyer looking to invest or add to their portfolio. Unit 3 can be delivered vacant and unit 8 is very large. Existing Loan w/ Chase can be assumed - UPB: ~$2,350,000 with SIGNIFICANTLY BELOW-MARKET INTEREST RATE OF 3.86% FIXED thru 03.01.23
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Listing courtesy of BRC Advisors- BH

Amenities

  • Zip
    90049
  • Office name
    BRC Advisors- BH
  • SQFT
    8744
  • Bedrooms
    0
  • Property type
    Residential Income
  • Zoning type
    LAR3
  • Year built
    1955
  • Lot size
    7389
  • Heating
    Other
  • Tax year
    0
  • Agent name
    Ardy Ishal
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    7000+ sq ft.
  • Area
    Brentwood
  • Year Built Range
    1989 (and earlier)
  • Office ID
    X82405
  • Agent ID
    C115067

Location

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