Sold
Closed
1218 S Barrington Avenue
Los Angeles CA, 90025
$3,300,000
$347.37 per sqft
Sold
Closed
10 Beds
14 Baths
9,500 sqft
Residential
Built in 1957
Listed by Jonathan Taksa with Remax Commercial and Investment Realty 424-672-8220
We are pleased to offer for sale a rare multifamily investment opportunity at 1218 S Barrington Avenue in the heart of LA's vibrant Westside. Consisting of 13 units encompassing a beautifully landscaped setting, the building boasts an ideal unit mix of large studio, 1-bedroom, and 2-bedroom units. Each of these units is spacious, has a terrific floor plan, and offers an abundance of natural light. The unit mix includes (1) 2-bed, 2-bath unit, (8) 1-bed, 1-bath units, and (4) studio units. This is a trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. Additional property features include on-site parking for 23 cars, copper plumbing, controlled access entry, a newer roof, 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 on Wilshire Blvd, and directly across the street from the prestigious Brentwood community, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.
24412819
MLSⓇ ID
July 9, 2024
Listed
October 17, 2024
Updated
Map
1218 S Barrington Avenue
Los Angeles CA, 90025
Interior Features
Total Stories
2
Bedrooms
10
Total Bathrooms
14
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.24 Acres
Other Property Details
Area Name
WLA - West Los Angeles
Days on Market
30
Garage
No
Parking
Assigned
Parking Total
23
View
No
County
Los Angeles
Pool
No
Zoning
LAR3
Listing History
Date | Event | Price |
|---|---|---|
9/18/2024 | Sold | $3,300,000 |
8/9/2024 | Pending | — |
Listing Contact: 213-817-1000
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/17/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/17/2024 at 6:46 AM UTC