$2,599,000 - 1440 Barrington Avenue, Los Angeles

Los Angeles Home Sale

Rare opportunity to own a wonderfully located West Los Angeles 7-unit apartment building. This 7-unit, 5,855 square-foot multifamily building is fully occupied and consists of three 1BR+1BA units and four 2BR+2BA units. (One 2-bedroom unit will be delivered without tenants.) Six of the units have either a large balcony or patio space, and each unit has its own tandem parking space and additional storage space. This multifamily property has been a family-held, well-maintained asset for many decades, and it is ready to be handed to a new owner to enjoy the significant upside of the below-market rents. The building sits on a 7,000 sqft lot, is gated, and has onsite laundry facilities. Only a short drive from the Santa Monica coast, less than 2 miles from UCLA, and adjacent to the upscale neighborhood of Brentwood in West Los Angeles. The prime location is within walking distance of trendy local restaurants, bars, dessert shops, grocers, craft stores, and various other specialty shops.