3234 Barham Blvd 4 Unit Apartment Building $1,575,000 ($393,750/Unit) 3.03% Cap Rate Los Angeles, CA 90068

3234 Barham Boulevard is a well-located, four-unit multifamily building built in 1951. The property features four (4) studio units totaling approximately 1,672 square feet of living space on a 5,760-square-foot LAR2-zoned lot. 3234 Barham Boulevard offers seven (7) on-site parking spaces, is separately metered for gas and electricity with separate hot water heaters, and includes an in-unit washer and dryer in one of the units. Three (3) of the units are currently rented furnished and a new roof was installed in August 2024. Additionally, the adjacent property at 3226 Barham Boulevard can be purchased separately or together, creating the opportunity for an expanded portfolio along a high-visibility corridor.
Positioned in a prime location along Barham Boulevard, the property benefits from excellent access to the 101 and 134 Freeways, Cahuenga Boulevard, and major employment centers including Universal Studios, Warner Bros., and the broader Hollywood production hub. Rated “Very Walkable” with a Walk Score of 70, residents enjoy proximity to everyday conveniences and local favorites such as Mercado Restaurant and Sweet Lily Bakery Café, while the nearby Ventura Boulevard corridor offers Firefly, Lala’s Argentine Grill, Erewhon, and a wide range of shopping and dining amenities. With Griffith Park, Lake Hollywood, and iconic attractions such as the Hollywood Sign just minutes away, 3234 Barham Boulevard is ideally situated for those seeking to own in one of Los Angeles’ most recognized submarkets.