2620 South Barrington Avenue Los Angeles, CA $ 2,474,000
2620 South Barrington Avenue
$ 2,474,000
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2620 South Barrington Avenue

Los Angeles, CA, 90064
$ 2,474,000
Baths0.0 Sq 3,606

Monthly Estimate*

$ 17,282

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,474,000. This 3,606 square foot home was built in 1947 on a lot size of 0.15.

Developers and Investors welcome to this well appointed exceptional Value Add Fourplex at 2620 S Barrington. Nestled in the heart of the vibrant West Los Angeles A+ rental market. This four-unit property presents an enticing opportunity for both developers and investors. The well-appointed property consists of four spacious units, each thoughtfully designed to provide comfort and functionality. Boasting a blend of modern charm and timeless elegance, these units feature open floor plans, sleek finishes, and an abundance of natural light, offering an ideal living space for prospective tenants or owners. What sets this property apart from the rest is its exciting potential for development. With its prime location, this property holds immense promise for creative developers looking to tap into the multi-family real estate market of Los Angeles. Capitalize on the demand for modern and stylish housing options by exploring the possibilities of expansion, enhancing the existing units. For seasoned investors seeking a solid, income-generating asset, this property is an excellent choice. With its existing units already generating substantial rental income, this investment opportunity allows for immediate returns. Moreover, the desirable location allows for easy access to amenities, transportation, shopping centers, and renowned entertainment hotspots, ensuring high demand and low vacancy rates. Whether you're a forward-thinking developer or astute investor 2620 S. Barrington Ave. is for you. This potential development opportunity or investment property promises endless possibilities in one of the most coveted locations in Los Angeles.

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Multi-Family Active

Price

$ 2,474,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.15

Year Built

1947

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024351625

Features
General
Zoning LAR3
Year Built 1947
Tenant Pays Electricity Water Cable TV Gas
Levels Two
County Los Angeles
Net Operating Income 121243.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.50
Senior Community Y/N No
MLS Area WLA - West Los Angeles
Lot Size Square Feet 6604.0
Street Name Barrington
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Kitchen Appliances Refrigerator
Total Stories 2
Air Conditioning Y/N No
Street Suffix Avenue
Total Baths 0
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Exterior
Parking Features Assigned
Lot Size Area 6604.0
Foundation Details None
Building Area Total 3606.0
Lot Size Acres 0.15
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Joel Newton

Listing Agent

Compass

Broker

Affordability Calculator

$17,282
Per Month
100%
0%
0%
Monthly Principal & Interest
$17,282
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/29/2024$2,474,000 -1.00% Price Down
2/6/2024$2,499,000 Listed Price

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2620 South Barrington Avenue, Los Angeles, CA, 90064 is a Multi-Family Home for sale at $2,474,000 with 3,606 sqft and a lot size of 0.15. 2620 South Barrington Avenue is a studio with 0.0 baths and was built in 1947. The property's zip code is 90064 which is in Los Angeles, CA