Developers and Investors welcome to this well appointed exceptional Value Add Fourplex at 2620 S Barrington. Nestled in the heart of the vibrant West Los Angeles A+ rental market. This four-unit property presents an enticing opportunity for both developers and investors. The well-appointed property consists of four spacious units, each thoughtfully designed to provide comfort and functionality. Boasting a blend of modern charm and timeless elegance, these units feature open floor plans, sleek finishes, and an abundance of natural light, offering an ideal living space for prospective tenants or owners. What sets this property apart from the rest is its exciting potential for development. With its prime location, this property holds immense promise for creative developers looking to tap into the multi-family real estate market of Los Angeles. Capitalize on the demand for modern and stylish housing options by exploring the possibilities of expansion, enhancing the existing units. For seasoned investors seeking a solid, income-generating asset, this property is an excellent choice. With its existing units already generating substantial rental income, this investment opportunity allows for immediate returns. Moreover, the desirable location allows for easy access to amenities, transportation, shopping centers, and renowned entertainment hotspots, ensuring high demand and low vacancy rates. Whether you're a forward-thinking developer or astute investor 2620 S. Barrington Ave. is for you. This potential development opportunity or investment property promises endless possibilities in one of the most coveted locations in Los Angeles.
|
DAYS ON MARKET
|
89
|
LAST UPDATED
|
2/29/2024
|
|
YEAR BUILT
|
1947
|
COMMUNITY
|
West Los Angeles
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
|
Prior to Feb 29, '24
|
$2,499,000
|
| Feb 29, '24 - Today |
$2,474,000 |
| AIR |
None |
| APPLIANCES |
Refrigerator |
| AREA |
West Los Angeles |
| BUYER'S BROKERAGE COMPENSATION |
2.500 % |
| GARAGE |
Assigned |
| LOT |
6604 sq ft |
| PARKING |
Assigned |
| STORIES |
2 |
| ZONING |
LAR3 |
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Listed with Compass
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/28/24 1:58 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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