1334 Barry Ave - Apartments FOR SALE


Los Angeles, CA 90025
$5,150,000 USD
310-227-3861
1334 Barry Ave, Los Angeles, CA for Sale
$5,150,000 USD
Apartments - FOR SALE
1/31
null | 4.18% Cap Rate

1334 Barry Ave
Los Angeles, CA 90025


HIGHLIGHTS

  • 6 of the 8 units meticulously renovated in 2022/2023
  • Property exterior and plumbing & electrical also upgraded
  • Excellent unit mix; four 1-bed/1-bath units and four 2-bed/2-bath units
  • Property features controlled access, parking, storage, in-unit washer/dryer, and well-designed units
  • Additional upside remains with two units left to be upgraded 
  • Property offers great curb appeal, sitting elevated off the street at the corner of Barry and Rochester 

OVERVIEW

Barry Ave is well maintained and in excellent condition. Six of the eight units were completely renovated in 2022/2023 and feature entirely new interiors. Importantly, the plumbing and electrical systems and cable/internet infrastructure were all upgraded as well. The property’s landscaping was also redone to highlight the natural light of the elevated, corner lot. With two units remaining to upgrade, 1334 Barry offers a proven renovation scope and leasing history for investors to follow and capture the remaining rental income upside.

FOR SALE DETAILS

PRICE

$5,150,000 USD

PRICE/SF

$714 USD /SF

# OF UNITS

8

PRICE/UNIT

$643,750

CAP RATE

4.18%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,018 SF

ZONING

LAR3

APN/PARCEL ID

4263-014-034

ASK ABOUT THIS PROPERTY

Matt LevisKidder MathewsMore Info
310-227-3861

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Matt LevisKidder MathewsMore Info
310-227-3861

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.