2467 Barry Ave - Apartments FOR SALE


Los Angeles, CA 90064- West Los Angeles
$2,495,000 USD
818-571-8515
2467 Barry Ave, Los Angeles, CA for Sale
$2,495,000 USD
Apartments - FOR SALE
1/47
null | 4.58% Cap Rate

2467 Barry Ave
Los Angeles, CA 90064
West Los Angeles


HIGHLIGHTS

  • Open floor plan
  • Great natural light
  • Building completely renovated in 2016
  • Very low maintenance
  • Great West LA location close to the beach, Beverly Hills, and walking distance to Sawtelle
  • Close to wide range of dining options, diverse shops, numerous entertainment opportunities, and good schools

OVERVIEW

**MAJOR PRICE REDUCTION** 2 VACANT UNITS - ALL NUMBERS BASED ON PRO-FORMA (PROJECTED) RATES: Introducing an incredible investment opportunity! Welcome to this meticulously maintained 3-unit apartment building, located in the vibrant and thriving West LA neighborhood, just adjacent to Santa Monica. Fully renovated in 2016, this property offers an outstanding opportunity for investors or owner-occupants looking to capitalize on a prime location. The building spans 4,224 sqft and sits on a 5,403 sqft lot. Each of the three units features 3 bedrooms, 2 bathrooms and is in excellent condition. Modern amenities include stainless steel appliances, tankless water heaters, central air conditioning and heating, and in-unit laundry for added convenience. Additionally, the property boasts a 3-car garage and a large storage space, further enhancing its appeal and functionality. The front unit has been recently upgraded with brand-new flooring, fresh paint and is being delivered vacant, making it an ideal choice for immediate move-in or rental. Similarly, the back unit is also vacant and available for new tenants or as a personal residence, offering further flexibility. The middle unit, the smallest of the three, is currently occupied and generates a rental income of $4,200 per month. Residents will enjoy a wide range of dining options, diverse shops, numerous entertainment opportunities and access to excellent schools. With its combination of modern updates, prime location, ample parking, additional storage space, and in-unit laundry, this property represents a rare investment opportunity for those looking to expand their real estate portfolio or find a new place to call home while generating rental income. Don't miss out on this incredible opportunity. Contact us today for more details and to schedule a viewing! Call, Text or Email Sal Ukra at 818.571.8515 or Sal@TheDinskyTeam.com for info and showings. If no response, Text Preston Ukra at 818.319.3532. Broker does not guarantee the accuracy of the information provided, including square footage, lot size, school boundary lines or eligibility, permitted or un-permitted spaces, and/or bedroom/bathroom count. Buyer is advised to independently verify the accuracy of this information through personal inspection, building permits and/or with appropriate professionals (i.e. attorney, appraiser, architect, contractor, etc.). Adherence to any mandatory government showing requirements is required. **Please Note: Agents are related to seller

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$591 USD /SF

# OF UNITS

3

PRICE/UNIT

$831,667

CAP RATE

4.58%

% LEASED

33%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Remodeled Triplex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1942

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,403 SF

ZONING

LARD1.5

APN/PARCEL ID

4260-032-021

ASK ABOUT THIS PROPERTY

Salih UkraEquity Union Real EstateMore Info
818-571-8515

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Salih UkraEquity Union Real EstateMore Info
818-571-8515

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