Multifamily

2458 Barry Ave

2458 Barry Ave, Los Angeles, CA 90064

Listing Price: $1,850,000

Cap Rate
5.07%
Number of Units
3
Price/Unit
$616,667
Price/Gross SF
$497.98
Gross SF
3,715

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 2453 & 2458 Barry Avenue (“The Properties”), a set of two triplexes location in a prime West Los Angeles location. These properties can also be purchased in conjunction with 2439 Federal, a 2017 construction three unit property also exclusively listed by Marcus & Millichap. The front unit, 2458 Barry #A, is a 3+2 detached unit totaling 1,300 square feet, currently rented for $4,200. The unit has the feel of a house with a private den and a small front yard with lawn. The bathrooms are updated and the kitchens feature new lighting, granite countertops and stainless steel appliances. The unit has new hardwood floors, central air and heat, a laundry room in unit with washer and dryer as well as two-car parking in a covered garage. The middle unit, 2458 Barry #B, is a beautifully renovated two-story townhouse. The unit, totaling approximately 1,100 square feet, features a living room, kitchen and small private patio on the 1st floor with the bedrooms, bathrooms and laundry on the 2nd floor of the unit. This unit also features new hardwood floors, granite countertops and stainless steel appliances in the kitchen, new light fixtures, spacious closets, central A/C and heat, in unit washer/dryer and 2 car parking in the covered garage. This unit is currently rented at $3,150. The rear unit, 2458 Barry #C, is a 2 bedroom 2 bath 1,200 square foot two-story townhouse unit. The unit features two bedrooms, two bathrooms and a small office/den. The unit features new hardwood floors, new lighting, granite countertops and stainless steel appliances, spacious closets, in unit washer/dryer, central A/C and heat and 2 car parking in the covered garage. This unit currently rents for $3,500 per month. 2453 & 2458 Barry Avenue offers an investor the rare opportunity to purchase 6 units in Prime West Los Angeles that have been extremely well maintained and updated to appeal to a wide range of discerning renters looking for a high level of finishes and amenities in a extremely quiet, residential setting. Both properties feature a detached one story unit in the front and two attached two-story units at the rear.

Investment Highlights

  • Granite countertop in kitchen with stainless steel appliances (Stove, Fridge and Dishwasher)
  • Brand new hardwood floor
  • Central Air Conditioning and Heating
  • Laundry Room in Unit with Washer and Dryer
  • Front unit of the 3 unit building
  • Bright Spacious Home Totaling Approx. 1,300 SF
  • Feels like a house with private Den and front small yard with lawn
  • Tile in bathrooms and kitchen

Exclusively Listed By

Listing Price: $1,850,000

Cap Rate
5.07%
Number of Units
3
Price/Unit
$616,667
Price/Gross SF
$497.98
Gross SF
3,715

Investment Highlights

  • Granite countertop in kitchen with stainless steel appliances (Stove, Fridge and Dishwasher)
  • Brand new hardwood floor
  • Central Air Conditioning and Heating
  • Laundry Room in Unit with Washer and Dryer
  • Front unit of the 3 unit building
  • Bright Spacious Home Totaling Approx. 1,300 SF
  • Feels like a house with private Den and front small yard with lawn
  • Tile in bathrooms and kitchen

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 2453 & 2458 Barry Avenue (“The Properties”), a set of two triplexes location in a prime West Los Angeles location. These properties can also be purchased in conjunction with 2439 Federal, a 2017 construction three unit property also exclusively listed by Marcus & Millichap. The front unit, 2458 Barry #A, is a 3+2 detached unit totaling 1,300 square feet, currently rented for $4,200. The unit has the feel of a house with a private den and a small front yard with lawn. The bathrooms are updated and the kitchens feature new lighting, granite countertops and stainless steel appliances. The unit has new hardwood floors, central air and heat, a laundry room in unit with washer and dryer as well as two-car parking in a covered garage. The middle unit, 2458 Barry #B, is a beautifully renovated two-story townhouse. The unit, totaling approximately 1,100 square feet, features a living room, kitchen and small private patio on the 1st floor with the bedrooms, bathrooms and laundry on the 2nd floor of the unit. This unit also features new hardwood floors, granite countertops and stainless steel appliances in the kitchen, new light fixtures, spacious closets, central A/C and heat, in unit washer/dryer and 2 car parking in the covered garage. This unit is currently rented at $3,150. The rear unit, 2458 Barry #C, is a 2 bedroom 2 bath 1,200 square foot two-story townhouse unit. The unit features two bedrooms, two bathrooms and a small office/den. The unit features new hardwood floors, new lighting, granite countertops and stainless steel appliances, spacious closets, in unit washer/dryer, central A/C and heat and 2 car parking in the covered garage. This unit currently rents for $3,500 per month. 2453 & 2458 Barry Avenue offers an investor the rare opportunity to purchase 6 units in Prime West Los Angeles that have been extremely well maintained and updated to appeal to a wide range of discerning renters looking for a high level of finishes and amenities in a extremely quiet, residential setting. Both properties feature a detached one story unit in the front and two attached two-story units at the rear.

Exclusively Listed By

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