2620 Barrington Avenue, Los Angeles

$2,474,000

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8 Beds
8 Baths
3,606 Sqft
.15 Acre
0 Garage

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.

Essential Information

MLS® #
24351625
Price
$2,474,000
Bedrooms
8
Bathrooms
8.00
Square Footage
3,606
Acres
0.15
Year Built
1947
Type
Residential Income
Status
Active

Community Information

Address
2620 Barrington Avenue
Area
WLA - West Los Angeles
City
Los Angeles
County
Los Angeles
Zip Code
90064
Senior Community
N

Amenities

Parking
Assigned
Garages
Assigned

Interior

Appliances
Refrigerator
Cooling
None
# of Stories
2
Stories
Two

Additional Information

Date Listed
January 30th, 2024
Days on Market
90
Zoning
LAR3

Listing Details

Agent
Joel Newton
Office
Compass
Property History
Price Reduced from $2,499,000 to $2,474,000

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Based on information from California Regional Multiple Listing Service, Inc. as of April 29th, 2024 at 5:40am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.