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2468 Barry Ave
Los Angeles, CA 90064
Multifamily Property For Sale · 6 Units
Investment Highlights
- Highly Desirable Location — Easy Access to 405 and 10 Freeways
- Brand New Roof Installed in the Last 12 Months
- Tremendous Value Add Opportunity with 59% Upside in Rents
- Individually Metered/Billed for Electric, Gas and Trash (Landlord Responsible for Water Only)
PROPERTY FACTS
| No. Units | 6 | Building Size | 4,227 SF |
| Property Type | Multifamily | Average Occupancy | 67% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1953 |
| Building Class | C | Parking Ratio | 1.42/1,000 SF |
| Lot Size | 0.17 AC |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,227 SF |
| Average Occupancy | 67% |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 1.42/1,000 SF |
About 2468 Barry Ave , Los Angeles, CA 90064
IREA, as the exclusive listing agent, is proud to offer for sale 2468 Barry Ave, a 6-unit apartment building located in West Los Angeles, CA. The property was built in 1953 and sits on a 7,237 square foot lot, with 4,227 of gross rentable square feet. 2468 Barry Ave has an excellent unit mix of four (4) 1 bedroom/1 bath and two (2) 2 bedroom/1 bath units. Two of six units have been remodeled with hardwood flooring, brand new sliding glass doors and in-unit washer/dryers. The building is individually metered for gas and electric, with tenants responsible for their own trash costs. Landlord is responsible solely for water. This investment provides ample in place income with the potential for an investor to realize an additional 59% upside in rents.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 4260-032-032 | Improvements Assessment | $790,788 |
| Land Assessment | $1,171,962 | Total Assessment | $1,962,750 |
PROPERTY TAXES
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