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2458 Barry Ave, Los Angeles, CA 90064
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2458 Barry Ave Los Angeles, CA 90064

$1,700,000 Sold Price as of 05/04/2021
  • 7 Beds
  • 6 Baths
  • 3,715 Sq.Ft.
Sold
$1,700,000 Sold Price as of 05/04/2021 Refinance Your Mortgage
Map preview of 2458 Barry Ave, Los Angeles, CA 90064

Property Overview: 2458 Barry Ave Los Angeles, CA has 7 bedrooms, 6 bathrooms, 3,715 living square feet and 5,399 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing opportunity in West LA! This one truly can't be beat. 13.5 GRM and a 5.2% cap on in-place rents! Look no further for the perfect income producing asset in a fantastic Westside location. Beautifully remodeled and expanded triplex in a Prime West LA Location. $129,600 annual gross income with very low expenses. 2458 Barry boasts a 3,715 square feet building on a 5,400 SF lot. The front 3+2 unit was built in 1937 & remodeled in 2016, the back two 2+2 townhouse units were built in 2002. Back unit which is a 2+2+den will be delivered vacant, was most recently rented for $3,500. All units at 2458 Barry feature: central A/C and heat, in unit washer/dryer, remodeled kitchens with granite counters, stainless steel appliances, new lighting, hardwood floors in living areas and Spanish tile bathrooms as well as 6-car parking in the secure covered parking located at the rear of the property. Units are separately metered for gas, electric and have individual water heaters. The front unit features a large private front yard, the middle unit has a private courtyard and the the back unit has a wonderful balcony off of the living area that gets wonderful light! Fantastic opportunity to own large, beautifully appointed units in Prime West LA! See private remarks.

Listed by Dana Brody | BRE #01429001 | Dana Brody
Last checked: 2 minutes ago | Last updated: March 18th, 2023 | Source CRMLS | DOM: 166

Home details

Lot Sq. Ft
5,399
HOA Dues
$0/mo
Year built
2002
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20631598
City
Los Angeles
County
Los Angeles
Time on Site
1205 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,200
  • Total Rent: $4,200
  • Pro Forma/Market Rent: $4,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,100
  • Total Rent: $3,100
  • Pro Forma/Market Rent: $3,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.23%
  • Gross Rent Multiplier: 13.5
  • Gross Scheduled Income: --
  • Net Operating Income: $91,582
  • Gross Operating Income: $125,712
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 2458 Barry Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Tile, Wood
Kitchen Information
  • Has Appliances
  • Disposal, Microwave, Refrigerator
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Community Structure
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 4260032033
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Pico to Ayres, right on Barry
View more facts & features

Local Los Angeles Agent

Sale History for 2458 Barry Ave

Last sold for $1,700,000 on May 4th, 2021

  • May, 2021

  • May 5, 2021

    Date

    Sold

    CRMLS: 20631598

    $1,700,000

    Price

  • Mar 27, 2021

    Date

    Active Under Contract

    CRMLS: 20631598

    $1,750,000

    Price

  • Feb 25, 2021

    Date

    Price Change

    CRMLS: 20631598

    $1,750,000

    Price

  • Dec 9, 2020

    Date

    Price Change

    CRMLS: 20631598

    $1,850,000

    Price

  • Nov 26, 2020

    Date

    Price Change

    CRMLS: 20631598

    $1,998,000

    Price

  • Nov 25, 2020

    Date

    Active

    CRMLS: 20631598

    $1,999,000

    Price

  • Oct 27, 2020

    Date

    Hold

    CRMLS: 20631598

    $1,999,000

    Price

  • Oct 24, 2020

    Date

    Active

    CRMLS: 20631598

    $1,999,000

    Price

  • Oct 23, 2020

    Date

    Pending

    CRMLS: 20631598

    $1,999,000

    Price

  • Oct 11, 2020

    Date

    Price Change

    CRMLS: 20631598

    $1,999,000

    Price

  • Sep 26, 2020

    Date

    Price Change

    CRMLS: 20631598

    $2,099,000

    Price

  • Sep 11, 2020

    Date

    Active

    CRMLS: 20631598

    $2,100,000

    Price

  • September, 2001

  • Sep 28, 2001

    Date

    Sold (Public Records)

    Public Records

    $289,000

    Price

Show More

Tax History for 2458 Barry Ave

Assessed Value (2020): $817,302
Year Land Value Improved Value Assessed Value
2020 $451,161 $366,141 $817,302

Home Value Compared to the Market

This property vs the competition

2458 Barry Ave sold on May 4, 2021 for 47.06% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $471.06 per/sqft which puts the price per square foot 37.61% lower than the current median sale per square foot for the city of Los Angeles.

About 2458 Barry Ave

Detailed summary of property

2458 Barry Ave is a multi family that recently sold in Los Angeles, CA 90064. This multi family property offered 7 bedrooms, 6 bathrooms, roughly 3,715 living square feet, and sits on an approximately 5,399 square foot lot. 2458 Barry Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,700,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 47.06% higher than the current median priced home. Local homes that are currently for sale include 8664 Cadillac Ave, 1952 S Corning St and 8607 Airdrome St. While the average home in Los Angeles, CA is selling in 93 days, 2458 Barry Ave has a days on market of 166 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 2458 Barry Ave Los Angeles, CA 90064 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2458 Barry Ave

Public county record property details
Beds
7
Baths
6
Year built
1937
Sq. Ft.
3,715
Lot Size
5,399
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
307
APN
4260-032-033

The source for these homes facts are from public records.

90064 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,849,000
Median List Price/Sq.Ft.
$1,005
Median Sold Price
$1,521,000
Median Sold Price/Sq.Ft.
$976
Total Inventory
63
Median Sale to List Price %
101.4%
Avg Days on Market
37
Loan Type
Conventional (14.29%), FHA (4.76%), VA (0%), Cash (0%), Other (9.52%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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