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2479 Barry Ave
Los Angeles, CA 90064
Multifamily Property For Sale · 4 Units

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.07 AC
Building Size 3,405 SF
Average Occupancy 100%
No. Stories 2
Year Built 1975
Parking Ratio 1.46/1,000 SF
Zoning LARD1.5

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Kitchen
  • Hardwood Floors

Site Amenities

  • 24 Hour Access
  • Fenced Lot
  • Laundry Facilities
  • Trash Pickup - Curbside

About 2479 BARRY AVE , LOS ANGELES, CA 90064

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.*

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 - -
1+1 1 - -
2+2 2 - -

Property Taxes

Property Taxes

Parcel Number
4260-032-047
Land Assessment
$870,437
Improvements Assessment
$986,494
Total Assessment
$1,856,931
  • Listing ID: 17979565

  • Date on Market: 12/16/2019

  • Last Updated:

  • Address: 2479 Barry Ave, Los Angeles, CA 90064

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