Listing provided courtesy of Susan Lau of Coldwell Banker Realty. Last updated 2022-01-21 09:10:58.000000. Listing information © 2021 CRMLS.

Asking Price: $4,350,000

1288 Barry, Los Angeles CA 90025

Community: ​WLA - West Los Angeles

Status: Active

This property was built in 1960 and is priced at $4,350,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 367854606
  • Type:
  • Year Built: 1960
Current gross Income over 270K annually at 4.34% cap rate and 15.95 GRM in prime West LA neighborhood adj to Brentwood & Santa Monica!! 1288 Barry represents a great opportunity for an investor to acquire a large 6 Unit property at a great price with immediate cash flow that will produce high returns. This building has been well-cared for and its soft story seismic retrofit is completed! Prime West LA location ONE block from Wilshire and ONE block east of Barrington, with convenient access to major thoroughfares, freeways, transportation, and close to retail and entertainment options from Brentwood, Santa Monica, Sawtelle and Westwood. In addition to its high returns, this great building has a history of very low vacancy due to its proximity to major employment hubs (i.e. Silicon Beach high tech companies) and UCLA, its neighborhood charm, and unique 3 & 4-bedroom units. With a walk-score of 85 the property is in close proximity to several parks, including Westwood Recreation Center, Stoner Recreation Center and Jackie Robinson Stadium in addition to several nearby restaurants, shopping and entertainment venues.

Call or Email AK Luxury Properties now to inquire about this property