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1333 Barry Ave

9 Unit Block of Flats £2,524,800 (£280,533/Unit) Los Angeles, CA 90025

Investment Highlights

  • Prime West LA location
  • Excellent Value-Add Opportunity
  • Significant Rental Upside 21%
  • Long Term Ownership (30+ Years)
  • 9 Units with an Excellent Unit Mix
  • Moments from Major Amenities

Executive Summary

An exceptional value-add investment opportunity, 1333 Barry Ave offers 9 units in the highly sought-after West Los Angeles area. The building boasts 6,259 square feet on a 7,000-square-foot lot. This prime location is just moments from major amenities, dining, and entertainment, making it a highly desirable rental market. The property features an excellent unit mix and has been owned by the same owner for over 30 years, presenting a rare opportunity for investors. With significant rental upside potential of approximately 21%, this building offers a tremendous opportunity for income growth through renovation and repositioning. Ideal for those looking to unlock value in a premier LA neighborhood.

Property Facts

Price £2,524,800
Price Per Unit £280,533
Sale Type Investment
No. Units 9
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.16 AC
Building Size 10,382 SF
Number of Floors 2
Year Built 1958
Walk Score ®
Very Walkable (86)
Bike Score ®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4263-014-016
Land Assessment
£1,047,553
Improvements Assessment
£1,571,330
Total Assessment
£2,618,883

zoning

Zoning Code LAR3
LAR3
  • Listing ID: 33841108

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 1333 Barry Ave, Los Angeles, CA 90025

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