2444 Barry Ave

$4,410,000

About This Property

We are pleased to present 2444, 2450 and 2454 Barry Ave, a high profile Condo / Small Lot Ordinance development opportunity located in West Los Angeles, California. The offering is currently comprised of two side-by-side triplexes and a duplex in West Los Angeles that sits on 16,200 SF land zoned LARD1.5. The Tier 3 TOC and current cash flow allows a developer to take advantage of the available density bonus and rental income while getting plans and permits to "ready to issue" status. This development project represents an opportunity for a developer to tap into a an emerging market where many millennial's are yearning to call home. The region is projected to add 12,000 residents through 2022, resulting in the formation of more than 7,600 households. The property is ideally located a few miles from the world famous beaches of Santa Monica & Venice and a short drive from the prominent cities of Century City, Westwood, Beverly Hills, Santa Monica and Brentwood.

Essential Information

MLS® #18416270
Price$4,410,000
Bathrooms0.00
Acres0.00
TypeLot-Land
StatusActive

Community Information

Address2444 Barry Ave
AreaWest Los Angeles (WLA)
CityLos Angeles (City)
CountyLos Angeles
StateCA
Zip Code90064

Amenities

ViewOther View

Additional Information

Date ListedDecember 17th, 2018
Days on Market91
ZoningLARD1.5
HOA Fees0.00

Listing Details

AgentFilip Niculete(01905352)
OfficeMarcus & Millichap

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2444 Barry Ave, Los Angeles (City) (MLS® #18416270) Property History

Price Reduced from $4,800,000 to $4,410,000

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Listing information last updated on March 18th, 2019 at 8:45pm PDT.

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