Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

8

Building size

6,632 sqft

Lot size

7,002 sqft

Year built

1958

Stories

2

Garage spaces

4

Heating

Wall Furnace

Cooling

None

Pool

None

Status

Active

Days on market

191

MLS #

240005798

About this property

PRICE IMPROVED AGAIN! Submit all offers. Seven of eight units are vacant. Some with partial remodel. Great remodel opportunity to bring this building to Brentwood rental market standards. Most listing says, “upside in rents,” which we all know is usually nonsense in a rent-controlled environment. But this is real upside opportunity. Roof is about 10 years old and the building is mostly copper piping. One unit with large veranda and one with patio. Walking distance to the restaurants and night life of Brentwood. This is a very rare offering. Please see ATTACHED OFFERING MEMORANDUM. Call listing broker with any questions.

Location

1606 Barry

Los Angeles, Los Angeles, CA, 90025