List Price: $4M

Listing Status: Active

Days on Market: 0

17 Bedrooms · 12 Bathrooms · 7,593 sq ft

Property Type: Residential

Year Built: 1944

Lot Size: 8,843 sq ft

Garage Spaces: 12

Private Pool: Yes

MLS Number: SR26160145

About This Property

Exceptional West Los Angeles Investment Opportunity – Pride of Ownership 9-Unit Apartment Building Rare opportunity to acquire a meticulously maintainedRare 9-unit apartment building in one of West Los Angeles’ most desirable rental neighborhoods. Situated on Barrington Avenue just south of Pico Boulevard, this pride-of-ownership asset features an excellent unit mix of four 2-bedroom/2-bath units, four 2-bedroom/1-bath units, and one spacious 1-bedroom/1-bath unit. The property offers 12 gated on-site parking spaces, an outstanding parking ratio for the area. Many of the units have been tastefully updated with remodeled kitchens, upgraded bathrooms, and modern finishes. Two of the ground-floor units feature laminate flooring, while the remaining units are carpeted. Most units include a refrigerator, stove, microwave, dishwasher, and blinds. Most units also feature central air conditioning, with one original unit offering an opportunity for a future owner to modernize and add value. Select units also offer private outdoor space, including a patio or side yard. Additional amenities include controlled gated entry, assigned gated parking, and an on-site community laundry facility. The property has been exceptionally maintained and includes a completed soft-story seismic retrofit, providing added value and peace of mind for future ownership. Most units are individually metered for gas and electricity, while two units share utility meters, with those utility costs paid by the owner. Located moments from the vibrant Sawtelle district, one of Los Angeles’ premier dining destinations known for its acclaimed Japanese restaurants, specialty shops, the property enjoys exceptional tenant appeal. Residents also benefit from convenient access to UCLA, Santa Monica, Brentwood, Century City, the beach, Metro transit, and the 10 and 405 Freeways, placing many of the Westside’s top employers. Strong in-place income with significant rental upside, this exceptional asset provides investors with an outstanding opportunity to increase cash flow while benefiting from long-term appreciation in one of Southern California’s most sought-after multifamily markets. Perfect for 1031 exchange, expanding an investment portfolio, or acquiring a premier West LA asset, this meticulously maintained property delivers the ideal combination of location, pride of ownership, stable income, huge rental upside, completed seismic retrofit, excellent parking, and lasting investment potential