Compass Commercial is proud to present the opportunity to acquire 2479 Barry Ave in the highly desirable West Los Angeles area. Conveniently located near the intersection of the I-405 and I-10 freeways alongside the Bundy/Expo Metro line station (10-minute walk), tenants benefit from ease of walkability, access to nearby amenities, and enjoy proximity to the coveted neighborhoods of Santa Monica, Brentwood, and Mar Vista. The fully-leased building has been well-maintained and is comprised of 4 units. The property is positioned as a remarkable value-add opportunity through improvements and upside potential in existing rents, with month-to-month tenancies across all units. The property features 2 single-car garages plus 3 street parking spaces, and each unit is individually metered for gas and electricity. Laundry is located on-site and owned by the seller. The unit mix consists of two 2 bedroom / 2 bathroom units, one 1 bedroom / 1 bathroom unit, and 2 studio units (*one unit is classified as non-conforming, extra unit). Additional, short-term rental income is being generated from the extra unit. The property does NOT require soft-story seismic retrofitting. The property is ideally situated to allure prospective tenants within a strong, affluent rental and employment market in West Los Angeles.
*Please see attached OM with interior photos. Financial Summary provided upon request.*
*Information provided has been obtained from sources we believe reliable. Buyer to verify any and all accuracy of information.*
