Multi-Family

Barrington at Ohio

1503 S Barrington Ave, Los Angeles, CA 90025

Listing Price: $5,250,000

Land Type
Land
Buildable Square Feet
42,000

Investment Overview

Marcus & Millichap West Los Angeles is proud to present two parcels consisting of a total lot size of 14,000 square feet located on the signalized corner of Barrington Avenue and Ohio Avenue in West Los Angeles. The addresses are 1507 Barrington Ave – 11706 W. Ohio Ave 90025. 1507 Barrington Ave is currently a single family home rented by a development company building a mixed use development taking place next door. Their lease expires March 31st, 2021 with an option to extend until March 31st, 2022. The other parcel consists of four bungalow style apartment units. The current yearly gross income is $141,624.

Investment Highlights

  • Located in West Los Angeles on a signalized corner
  • 18 unit by right with a mix of nine 2 bedrooms, two 1 bedrooms, and seven studio units
  • 27 parking spaces

Exclusively Listed By

  • Elliot Schwartz

    Associate

    Email Elliot

    License(s): CA: 02020686

    West Los Angeles

Listing Price: $5,250,000

Land Type
Land
Buildable Square Feet
42,000

Investment Highlights

  • Located in West Los Angeles on a signalized corner
  • 18 unit by right with a mix of nine 2 bedrooms, two 1 bedrooms, and seven studio units
  • 27 parking spaces

Investment Overview

Marcus & Millichap West Los Angeles is proud to present two parcels consisting of a total lot size of 14,000 square feet located on the signalized corner of Barrington Avenue and Ohio Avenue in West Los Angeles. The addresses are 1507 Barrington Ave – 11706 W. Ohio Ave 90025. 1507 Barrington Ave is currently a single family home rented by a development company building a mixed use development taking place next door. Their lease expires March 31st, 2021 with an option to extend until March 31st, 2022. The other parcel consists of four bungalow style apartment units. The current yearly gross income is $141,624.

Exclusively Listed By

  • Elliot Schwartz

    Associate

    Email Elliot

    License(s): CA: 02020686

    West Los Angeles

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