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2499 S Barrington Ave - 2499 Barrington 2 Unit Apartment Building Offered at $1,195,000 at a 3.60% Cap Rate Los Angeles, CA 90064
Investment Highlights
- Amazing Westside Location
Executive Summary
Rare opportunity to own a property in one of West Los Angeles’ most desirable neighborhoods. Available for the first time in over 50 years, this tenant-occupied LAR3-zoned property offers exceptional potential for an owner-user, investor, or long-term holder.
Located on a quiet, established street surrounded by quality homes and amenities, this is a chance to secure a foothold in a neighborhood where properties are tightly held and demand remains strong. Whether you're planning for the future or looking to invest in a premier Westside location, opportunities like this rarely come available.
Located on a quiet, established street surrounded by quality homes and amenities, this is a chance to secure a foothold in a neighborhood where properties are tightly held and demand remains strong. Whether you're planning for the future or looking to invest in a premier Westside location, opportunities like this rarely come available.
Financial Summary (Actual - 2025) 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
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) 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 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,195,000 | Apartment Style | Low-Rise |
| Price Per Unit | $597,500 | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 5,500 SF |
| Cap Rate | 3.60% | Average Occupancy | 100% |
| Gross Rent Multiplier | 23 | No. Stories | 2 |
| No. Units | 2 | Year Built/Renovated | 1949/2018 |
| Property Type | Multifamily | ||
| Zoning | LAR3 - LAR3 | ||
| Price | $1,195,000 |
| Price Per Unit | $597,500 |
| Sale Type | Investment |
| Cap Rate | 3.60% |
| Gross Rent Multiplier | 23 |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Lot Size | 0.09 AC |
| Building Size | 5,500 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1949/2018 |
| Zoning | LAR3 - LAR3 |
Amenities
Unit Amenities
- Garden
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
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2499 S Barrington Ave - 2499 Barrington
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