967 Barrington, Los Angeles, CA 90049
Bedrooms: 0
Bathrooms: 0
Area: 0 SqFt.
We are pleased to offer for sale this seven (7) unit + 1 non-conforming unit multifamily investment opportunity located in the heart of prime Brentwood Village. This two-story building was constructed of wood frame and stucco on a raised foundation built in 1968 with a square footage of 6,480 on a 5,000-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of four (4) 1+1 units, one (1) 2+1.5 townhouse, one (1) 3+1.5 townhouse, and two (2) studio units. Four (4) units will be delivered vacant upon the close of escrow. The investment boasts spacious floor plans, in-unit washer & dryers, quartz countertops, stainless steel appliances, ten (10) on-site parking spaces, double pane windows, recently painted, and individually metered for gas and electricity. Fully occupied, the property cash flows at approximately $22,070/month, a 5% Cap Rate & 15x Gross Rent Multiplier (GRM).
CA DRE #01870580
6965 El Camino Real 105-690, Carlsbad CA 92009
877.692.8427
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