$3,995,000 Price Analysis 1218 S Barrington AveLos Angeles, CA 90025 10 bed 14 bath 9,500 SqFt ($420/SqFt) 0.24 acre lot. Built 1957 Listed 2024-07-09, Taxes $6,757 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Consisting of 13 units encompassing a beautifully landscaped setting, the building boasts an ideal unit mix of large studio, 1-bedroom and 2-bedroom units. Each of these units is spacious, has a terrific floor plan and offers an abundance of natural light. The unit mix includes (1) 2-bed, 2-bath unit, (8) 1-bed, 1-bath units and (4) studio units. This is a trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor.
Additional property features include on-site parking for 23 cars, copper plumbing, controlled access entry, a newer roof and an on-site laundry facility. All soft story seismic retrofitting has been completed by ownership. A quick walk to the high-end dining and nightlife on Wilshire Blvd and directly across the street from the prestigious Brentwood community, this rare offering presents an astute investor with the unique opportunity to capitaliz on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.
Presented by Jonathan Taksa at
RE MAX Commercial & Investment Realty.
Property MLS #24-412819 from TheMLSCLAW
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $233,322 + $194,277 $427,599 | $6,757 |
2021 | $228,748 + $190,468 $419,216 | $6,625 |
2020 | $226,403 + $188,515 $414,918 | $6,668 |
2019 | $221,964 + $184,819 $406,783 | $6,467 |
2018 | $217,612 + $181,196 $398,808 | $6,286 |
2017 | $213,346 + $177,644 $390,990 | $6,135 |
2016 | $209,163 + $174,161 $383,324 | $5,897 |
2015 | $206,022 + $171,545 $377,567 | $5,829 |
2014 | $201,987 + $168,185 $370,172 | $5,940 |
2013 | $201,075 + $167,425 $368,500 | $5,934 |
2012 | $197,133 + $164,143 $361,276 | $6,006 |
2010 | $193,268 + $160,925 $354,193 | $5,948 |
2009 | $192,280 + $160,103 $352,383 | $5,753 |
2009 | $191,824 + $159,723 $351,547 | $5,753 |
2008 | $188,510 + $156,964 $345,474 | $5,564 |
2007 | $184,814 + $153,887 $338,701 | $5,368 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.