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2620 S Barrington Ave, Los Angeles, CA 90064
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2620 S Barrington Ave Los Angeles, CA 90064

$2,474,000
  • 2096 Beds
  • 2096 Baths
  • 3,606 Sq.Ft.
For Sale
$2,474,000 Get Pre-Qualified
Map preview of 2620 S Barrington Ave, Los Angeles, CA 90064

Property Overview: 2620 S Barrington Ave Los Angeles, CA has 2096 bedrooms, 2096 bathrooms, 3,606 living square feet and 6,604 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Developers and Investors welcome to this well appointed exceptional Value Add Fourplex at 2620 S Barrington. Nestled in the heart of the vibrant West Los Angeles A+ rental market. This four-unit property presents an enticing opportunity for both developers and investors. The well-appointed property consists of four spacious units, each thoughtfully designed to provide comfort and functionality. Boasting a blend of modern charm and timeless elegance, these units feature open floor plans, sleek finishes, and an abundance of natural light, offering an ideal living space for prospective tenants or owners. What sets this property apart from the rest is its exciting potential for development. With its prime location, this property holds immense promise for creative developers looking to tap into the multi-family real estate market of Los Angeles. Capitalize on the demand for modern and stylish housing options by exploring the possibilities of expansion, enhancing the existing units. For seasoned investors seeking a solid, income-generating asset, this property is an excellent choice. With its existing units already generating substantial rental income, this investment opportunity allows for immediate returns. Moreover, the desirable location allows for easy access to amenities, transportation, shopping centers, and renowned entertainment hotspots, ensuring high demand and low vacancy rates. Whether you're a forward-thinking developer or astute investor 2620 S. Barrington Ave. is for you. This potential development opportunity or investment property promises endless possibilities in one of the most coveted locations in Los Angeles.

Listed by Joel Newton | BRE #01225388 | Compass
Last checked: 14 minutes ago | Last updated: April 15th, 2024 | Source CRMLS | DOM: 84
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Home details

Lot Sq. Ft
6,604
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24351625
City
Los Angeles
County
Los Angeles
Time on Site
86 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 262
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,250
  • Total Rent: $3,250
  • Pro Forma/Market Rent: $3,400
Unit Breakdown 2
  • # of Units: 262
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,744
  • Total Rent: $2,744
  • Pro Forma/Market Rent: $3,400
Unit Breakdown 3
  • # of Units: 262
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,796
  • Total Rent: $2,796
  • Pro Forma/Market Rent: $3,400
Unit Breakdown 4
  • # of Units: 262
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,691
  • Total Rent: $1,691
  • Pro Forma/Market Rent: $3,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19.49
  • Gross Scheduled Income: --
  • Net Operating Income: $121,243
  • Gross Operating Income: $128,172
  • Laundry Income: $200
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 2620 S Barrington Ave

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Property Details for 2620 S Barrington Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Size Source: Owner
Property Information
  • Total # of Units: 4
  • Parcel Number: 4258007003
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Between Pico and National on Barrington
View more facts & features

Local Los Angeles Agent

Sale History for 2620 S Barrington Ave

Last sold on May 2nd, 2013

  • January, 2024

  • Jan 30, 2024

    Date

    Active

    CRMLS: 24351625

    $2,499,000

    Price

  • May, 2013

  • May 2, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2012

  • Oct 19, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2620 S Barrington Ave

Assessed Value (2020): $799,666
Year Land Value Improved Value Assessed Value
2020 $529,512 $270,154 $799,666

Home Value Compared to the Market

This property vs the competition

2620 S Barrington Ave is listed 98.08% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $686.08 per/sqft which puts the price per square foot 11.13% lower than the median price per square foot for the city of Los Angeles.

About 2620 S Barrington Ave

Detailed summary of property

2620 S Barrington Ave is a multi family located in Los Angeles, CA 90064 and is currently for sale. This multi family property offers 2096 bedrooms, 2096 bathrooms, roughly 3,606 living square feet, and sits on an approximately 6,604 square foot lot. 2620 S Barrington Ave was first listed on ArdentRealEstateGroup.com on January 31, 2024. The homeowner is currently asking $2,474,000 and was originally asking $2,499,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 98.08% higher than the median priced home. Local competing homes currently for sale include 3631 Motor Ave, 1556 S Beverly Glen Blvd and 3640 Jasmine Ave. While the average home in Los Angeles, CA is selling in 97 days, 2620 S Barrington Ave has a days on market of 84 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 2620 S Barrington 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 2620 S Barrington Ave

Public county record property details
Beds
8
Baths
4
Year built
1947
Sq. Ft.
3,606
Lot Size
6,602
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
149,150
APN
4258-007-003

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.
$999
Median Sold Price
$1,015,000
Median Sold Price/Sq.Ft.
$639
Total Inventory
67
Median Sale to List Price %
96.76%
Avg Days on Market
34
Loan Type
Conventional (16.67%), FHA (0%), VA (0%), Cash (25%), Other (16.67%)

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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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