968 S Barrington Ave Los Angeles, CA 90049

$3,000,000 Sold Price as of 09/02/2016

10 Beds
10 Baths
6,739 Sq.Ft.

Off Market

$3,000,000 Sold Price as of 09/02/2016 Refinance Your Mortgage

Map preview of 968 S Barrington Ave, Los Angeles, CA 90049

Property Overview: 968 S Barrington Ave Los Angeles, CA has 10 bedrooms, 10 bathrooms, 6,739 living square feet and 5,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

968 S Barrington Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $249,800 for the down payment and will need roughly $24,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $59,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 968 S Barrington Ave

Last sold for $3,000,000 on September 2nd, 2016

September, 2023
Sep 27, 2023

Date

Canceled

CRMLS: 22218511

$3,450,000

Price
Nov 15, 2022

Date

Active

CRMLS: 22218511

$3,750,000

Price
Listing provided courtesy of CRMLS

HUGE PRICE REDUCTION! ONLY $431,250 PER UNIT! 968 S. Barrington Avenue is a rare investment opportunity to acquire an asset in the heart of LA's famed community of Brentwood. Consisting of 8 units set amongst lushly landscaped grounds, the building boasts an ideal unit mix consisting of spacious 1 bedroom & 2 bedroom units. Each of these units is spacious, has a terrific floor plan, and offers an abundance of natural light. Current ownership has invested significant capital into the property and many of the units have been remodeled. The unit mix includes (2) 2-bed, 1.5-bath units and (6) 1-bed, 1-bath units. This is a great turnkey asset in a a premier location that will surely pay long-term dividends to a savvy investor. Additional property features include on-site parking, copper plumbing, and an on-site laundry facility. All soft story seismic retrofitting has been completed by ownership. A quick walk to the high-end dining and nightlife of San Vicente Blvd., this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire an easy to manage asset in one of the best locations of the Westside.

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September, 2016
Sep 2, 2016

Date

Sold (Public Records)

Public Records

$3,000,000

Price

Tax History for 968 S Barrington Ave

Assessed Value (2020): $3,184,183

Year	Land Value	Improved Value	Assessed Value
2020	$1,910,174	$1,274,009	$3,184,183

About 968 S Barrington Ave

Detailed summary of property

968 S Barrington Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90049 and last sold on September 2, 2016 for $3,000,000. This property has 10 bedrooms, 10 bathrooms, roughly 6,739 living square feet, and sits on an approximately 5,000 square foot lot. Homes 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 152.1% higher than the current median priced home. 968 S Barrington Ave was last sold on September 2, 2016 for $3,000,000. Local nearby listings include 11822 Goshen Ave #102, 11908 Darlington Ave #301 and 11645 Montana Ave #205. The average home in Los Angeles, CA is selling in 94 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. If you are the homeowner and looking to sell the home at 968 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 968 S Barrington Ave

Public county record property details

Beds: 10
Baths: 10
Year built: 1961
Sq. Ft.: 6,739
Lot Size: 5,000
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 10,11
APN: 4265-005-012

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

$3,698,000

Median List Price/Sq.Ft.

$1,152

Median Sold Price

$2,150,000

Median Sold Price/Sq.Ft.

$913

Total Inventory

199

Median Sale to List Price %

97.95%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (11.11%), Other (7.41%)

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