954 S Barrington Ave, Los Angeles, CA 90049
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954 S Barrington Ave Los Angeles, CA 90049

$4,918,000 Sold Price as of 10/11/2019
  • 14 Beds
  • 15 Baths
  • 8,016 Sq.Ft.
Sold
$4,918,000 Sold Price as of 10/11/2019 Refinance Your Mortgage

Map preview of 954 S Barrington Ave, Los Angeles, CA 90049

Property Overview: 954 S Barrington Ave Los Angeles, CA has 14 bedrooms, 15 bathrooms, 8,016 living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rare 10 unit well maintained apartment building located in one of the most desirable Brentwood locations just South of San Vicente, excellent unit mix consisting of 5(2+2), 4(1+1) and one single, 13 parking spaces, hardwood(laminated) floors, most units have dishwasher, private patio and wall A/C unit, central forced air heating, tremendous rent upside potential, 100% occupied, all units are separately metered for gas and electricity, laundry facility on site, lot size is 7,500 sqft zoned R3, building is 8,000+ sqft, great opportunity for value add investment with rental upside in an "A" area, this is also a great development opportunity. Walking distance to trendy shops and restaurants on San Vicente. Showing with accepted offer. Please do not approach the tenants, they are not aware of the sale.

Listed by Faye Sarafian-Erdman | BRE #01121133 | Nelson Shelton Real Estate Era
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 63

Home details

Lot Sq. Ft
7,500
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19476262
City
Los Angeles
County
Los Angeles
Time on Site
1216 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,995
  • Total Rent: $1,995
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,472
  • Total Rent: $2,472
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,520
  • Total Rent: $1,520
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,495
  • Total Rent: $2,495
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,675
  • Total Rent: $2,675
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.56%
  • Gross Rent Multiplier: 19.2
  • Gross Scheduled Income: --
  • Net Operating Income: $177,792
  • Gross Operating Income: $259,884
  • Laundry Income: $1,800
  • Improvements Total: $1,018,594
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $3,200
  • Licenses: $679
  • Trash: $3,000
  • Insurance: $5,348
  • Maintenance: $4,000
  • Water/Sewer: $4,720

Property Details for 954 S Barrington Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator, Dishwasher
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned, Covered, Community Structure
Property Information
  • Total # of Units: 10
  • Parcel Number: 4265005032
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Amenities: Other
Location / Neighborhood
Location Information
  • Directions: 2 blocks South of San Vicente
View more facts & features

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Sale History for 954 S Barrington Ave

Last sold for $4,918,000 on October 11th, 2019
  • October, 2019

  • Oct 11, 2019

    Date

    Sold

    CRMLS: 19476262

    $4,918,000

    Price

  • Sep 4, 2019

    Date

    Pending

    CRMLS: 19476262

    $4,995,000

    Price

  • Aug 15, 2019

    Date

    Active Under Contract

    CRMLS: 19476262

    $4,995,000

    Price

  • Jun 28, 2019

    Date

    Active

    CRMLS: 19476262

    $4,995,000

    Price

  • Jun 27, 2019

    Date

    Hold

    CRMLS: 19476262

    $4,995,000

    Price

  • Jun 10, 2019

    Date

    Active

    CRMLS: 19476262

    $4,995,000

    Price

  • October, 2019

  • Oct 11, 2019

    Date

    Sold (Public Records)

    Public Records

    $4,918,000

    Price

  • June, 2019

  • Jun 10, 2019

    Date

    Canceled

    CRMLS: 19432098

    $4,995,000

    Price

  • Jun 6, 2019

    Date

    Price Change

    CRMLS: 19432098

    $4,995,000

    Price

  • Mar 20, 2019

    Date

    Active

    CRMLS: 19432098

    $5,149,000

    Price

  • Mar 19, 2019

    Date

    Hold

    CRMLS: 19432098

    $5,149,000

    Price

  • Feb 23, 2019

    Date

    Active

    CRMLS: 19432098

    $5,149,000

    Price

  • Feb 21, 2019

    Date

    Hold

    CRMLS: 19432098

    $5,149,000

    Price

  • Feb 7, 2019

    Date

    Active

    CRMLS: 19432098

    $5,149,000

    Price

  • Listing provided courtesy of CRMLS

  • February, 2019

  • Feb 7, 2019

    Date

    Canceled

    CRMLS: 18400108

    $4,950,000

    Price

  • Jan 3, 2019

    Date

    Active

    CRMLS: 18400108

    $4,950,000

    Price

  • Jan 2, 2019

    Date

    Hold

    CRMLS: 18400108

    $4,950,000

    Price

  • Dec 8, 2018

    Date

    Active

    CRMLS: 18400108

    $4,950,000

    Price

  • Dec 7, 2018

    Date

    Hold

    CRMLS: 18400108

    $4,950,000

    Price

  • Nov 13, 2018

    Date

    Active

    CRMLS: 18400108

    $4,950,000

    Price

  • Listing provided courtesy of CRMLS

    Rare 10 unit well maintained apartment building located in one of the most desirable Brentwood locations just South of San Vicente, excellent unit mix consisting of 5(2+2), 4(1+1) and one single, 10 parking spaces, hardwood(laminated) floors, most units have dishwasher, private patio and wall A/C unit, central forced air heating, tremendous rent upside potential, 100% occupied, all units are separately metered for gas and electricity, laundry facility on site, lot size is 7,500 sqft zoned R3, building is 8,000+ sqft, great opportunity for value add investment with rental upside in an "A" area, this is also a great development opportunity. Walking distance to trendy shops and restaurants on San Vicente. Showing with accepted offer. Please do not approach the tenants, they are not aware of the sale.

  • September, 2007

  • Sep 18, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 954 S Barrington Ave

Assessed Value (2020): $4,919,800
Year Land Value Improved Value Assessed Value
2020 $4,100,000 $819,800 $4,919,800

Home Value Compared to the Market

This property vs the competition

954 S Barrington Ave sold on October 11, 2019 for 319.75% 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 $623.13 per/sqft which puts the price per square foot 17.47% lower than the current median sale per square foot for the city of Los Angeles.

About 954 S Barrington Ave

Detailed summary of property

954 S Barrington Ave is a multi family that recently sold in Los Angeles, CA 90049. This multi family property offered 14 bedrooms, 15 bathrooms, roughly 8,016 living square feet, and sits on an approximately 7,500 square foot lot. 954 S Barrington Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $4,918,000. 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 319.75% higher than the current median priced home. Local homes that are currently for sale include 955 N Croft Ave, 1005 N Croft Ave and 1009 N Croft Ave. While the average home in Los Angeles, CA is selling in 93 days, 954 S Barrington Ave has a days on market of 63 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 954 S Barrington Ave Los Angeles, CA 90049 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 954 S Barrington Ave

Public county record property details
Beds
16
Baths
15
Year built
1961
Sq. Ft.
8,016
Lot Size
7,499
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
4265-005-032

The source for these homes facts are from public records.

90049 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,675,000
Median List Price/Sq.Ft.
$1,061
Median Sold Price
$2,150,000
Median Sold Price/Sq.Ft.
$913
Total Inventory
194
Median Sale to List Price %
97.95%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (11.11%), Other (7.41%)

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Related Resources to 954 S Barrington Ave

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.