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1606 Barry Ave 8 Unit Apartment Building $3,649,950 ($456,244/Unit) Los Angeles, CA 90025
Investment Highlights
- 7 of 8 units vacant
- Close to Brentwood nightlife and restaurants
- Excellent Brentwood location
Executive Summary
PRICE IMPROVED AGAIN! Submit all offers. Seven of eight units are vacant. Some with partial remodel. Great remodel opportunity to bring this building to Brentwood rental market standards. Most listing says, “upside in rents,” which we all know is usually nonsense in a rent-controlled environment. But this is real upside opportunity. Roof is about 10 years old and the building is mostly copper piping. Walking distance to the restaurants and night life of Brentwood. This is a very rare offering. Call listing broker with any questions.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,650 | - |
| 1+1 | 1 | $2,200 | - |
| 2+1 | 4 | $2,800 | - |
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Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4262-010-018 | Improvements Assessment | $781,007 |
| Land Assessment | $721,484 | Total Assessment | $1,502,491 |
Property Taxes
Parcel Number
4262-010-018
Land Assessment
$721,484
Improvements Assessment
$781,007
Total Assessment
$1,502,491
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Presented by
Corcoran Group of California
1606 Barry Ave
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