1105 S Barrington Ave

$4,700,000, 8,744 Sqft

About This Property

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 4.2% going in cap rate, and only a 15.5x 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. Existing Loan w/ Chase can be assumed - UPB: ~$2,375,000 with SIGNIFICANTLY BELOW-MARKET INTEREST RATE OF 3.86% FIXED thru 03.01.23

Essential Information

MLS® #18394924
Price$4,700,000
Bathrooms0.00
Square Footage8,744
Acres0.00
Year Built1955
TypeResidential Income
Sub-TypeApartment Building
StatusActive

Community Information

Address1105 S Barrington Ave
AreaBrentwood (C06)
CityLos Angeles (City)
CountyLos Angeles
StateCA
Zip Code90049

Amenities

Parking Spaces17
ParkingOther

Interior

Interior FeaturesOther
HeatingOther
CoolingOther
# of Stories2

Additional Information

Date ListedOctober 9th, 2018
Days on Market63
ZoningLAR3
HOA Fees0.00

Listing Details

AgentArdy Ishal(01769601)
OfficeBRC Advisors

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Listing information last updated on December 12th, 2018 at 5:15am PST.

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