1562 BARRY Avenue, Los Angeles, CA 90025

About this property

BEST PRICED PROPERTY IN PRIME WEST LOS ANGELES. 16.38X GRM. UNDER $300K/UNIT. 1562 Barry Avenue is a rare opportunity to acquire an easy to manage property located in one of the best rental locations in prime West Los Angeles.  A short stroll to Santa Monica Blvd., the property can be delivered with 2 out of 12 units vacant, allowing the astute investor to immediately capitalize on setting high market rents. 1562 Barry Avenue is a well maintained, easy to manage property that boasts an ideal unit mix of efficiency, studio, 1 bedroom, and 2 bedroom units.  Many units have been remodeled with high end kitchens, bathrooms, flooring, and lighting . Additional features include separate dining areas and wall air conditioning units. There is an on-site laundry room and ample on-site parking consisting of 14 total parking spaces.ÂÂ

Listing description from the July 2019 sale, as reported to CRMLS.

Sale history

$3,400,000

Sold July 2019 · listed $3,558,000, on market March 2019 · MLS #19447628 · Source: CRMLS

Listing Agent: Jonathan Taksa · Listing Office: Remax Commercial and Investmen · Contact: 213-817-1000 · Bought with: Jonathan Taksa · Remax Commercial and Investmen

$2,825,000

Sold December 2016 · listed $2,950,000, on market July 2016 · MLS #16146418 · Source: CRMLS

Listing Agent: Denise Fast · Listing Office: RE/MAX ESTATE PROPERTIES · Contact: 310-577-5300 · Bought with: Denise Fast · RE/MAX ESTATE PROPERTIES

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