This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Fully Remodeled Triplex 2467 Barry Ave

3 Unit Block of Flats £1,952,213 (£650,738/Unit) 4.58% Net Initial Yield Los Angeles, CA 90064

Investment Highlights

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

Executive Summary

**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

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £1,952,213
Price Per Unit £650,738
Sale Type Investment
Net Initial Yield 4.58%
Gross Rent Multiplier 14.74
No. Units 3
Property Type Residential
Property Subtype Apartment
Apartment Style Townhome
Lot Size 0.12 AC
Building Size 4,224 SF
Average Occupancy 33%
Number of Floors 2
Year Built/Renovated 1942/2016

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Tile Floors
  • Crown Moulding
  • Kitchen
  • Wooden Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Walk-In Closets
  • Yard
  • Dining Room
  • Double Pane Windows
  • Freezer
  • Island Kitchen

Site Amenities

  • Fenced Lot
  • Gated

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
3+2 3 £3,638 1,300 - 1,500
Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (87)
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.®

zoning

Zoning Code LARD1.5 (Restricted Density Multiple Dwelling)
LARD1.5 (Restricted Density Multiple Dwelling)
  • Listing ID: 33354353

  • Date on Market: 30/09/2024

  • Last Updated:

  • Address: 2467 Barry Ave, Los Angeles, CA 90064

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}