1105 S BARRINGTON AVE

Estimated Monthly Payment: $21,433/mo 1105 S BARRINGTON AVE, Los Angeles, CA 90049 MLS# 18394924 Residential Income Listing Status: Active
8,744 sqft
102
29
0
0

REMARKS:

An eight-unit apartment building located in the highly desirable Brentwood submarket of Los Angeles. Built in 1955, the property has an excellent unit mix of two three-bedroom units, four two-bedroom units, and two one-bedroom units. The property is situated on a 7, 400 square foot cornet lot. Seven of the eight units have been remodeled beautifully. Additionally, there is onsite parking for tenants. With a 4.2% going in cap rate, and only a 15.5x gross rent multiplier, this is a great long-term-hold or value-add opportunity for any buyer looking to invest or add to their portfolio. Existing Loan w/ Chase can be assumed - UPB: ~$2, 375, 000 with SIGNIFICANTLY BELOW-MARKET INTEREST RATE OF 3.86% FIXED thru 03.01.23

OVERVIEW:

18-394924:CLAW
Residential Income
Active
Brentwood
1955
8744
Other
17
Other
Other

FEATURES:

Other

FINANCIAL:

$4,700,000
$293,468

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Ardy Ishal - Brc Advisors- Bh

 

1875162 

 

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Data last updated: 01/18/2019