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3764-3768 1/2 Barry Ave

6 Unit Apartment Building $2,399,000 ($399,833/Unit) Los Angeles, CA 90066

Executive Summary

Discover a prime investment opportunity in the vibrant Mar Vista neighborhood with this meticulously maintained 6-unit apartment building. Offering a total of 12 bedrooms and 6 bathrooms, each unit features a thoughtfully designed 2-bedroom, 1-bathroom layout, making it ideal for tenants seeking both comfort and functionality. Two of the units are currently vacant, presenting an immediate opportunity for rental income or upgrades to maximize value. Take advantage of the excellent space to add one or two accessory dwelling units (ADUs) in the backyard, increasing functionality and property value. Located in one of Los Angeles' most desirable areas, this property offers the perfect blend of convenience and community. Just minutes from the bustling Silicon Beach tech hubs of Playa Vista and Culver City, it's also close to trendy shops, diverse eateries, and the vibrant Mar Vista Farmers Market on Sundays along Venice Blvd. Residents will appreciate the easy access to coffee shops, Whole Foods just up Barrington, and a variety of local shops, banks, and restaurants, creating a true sense of community in Mar Vista. For outdoor enthusiasts, the property is near parks, bike paths, and the sandy shores of Venice Beach and Marina del Rey. With easy access to the 405 and 10 freeways, this location ensures seamless connectivity throughout Los Angeles. Whether you're looking to diversify your portfolio or capitalize on the growth of Mar Vista, this property offers exceptional income potential and long-term value. Don't miss the chance to own this gem in one of LA's most dynamic and thriving neighborhoods.

Property Facts

Price $2,399,000
Price Per Unit $399,833
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.17 AC
Building Size 7,172 SF
No. Stories 2
Year Built 1953
Parking Ratio 0.83/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 - -
Walk Score ®
Very Walkable (84)
Bike Score ®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4234-015-024
Land Assessment
$82,195
Improvements Assessment
$178,234
Total Assessment
$260,429

zoning

Zoning Code LAR3
LAR3
  • Listing ID: 34192724

  • Date on Market: 12/13/2024

  • Last Updated:

  • Address: 3764-3768 1/2 Barry Ave, Los Angeles, CA 90066

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