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    2462 S Barrington Ave

    Los Angeles, CA 90064
    • $6,750,000
    • STATUS: Active
    • ON SITE: 29 Days
    • ID#: 21-786668
    UPDATED: 76 min ago
    $6,750,000
    • 30
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,804
      SQFT
    • $456
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1988
    County:
    Area:

    School Ratings & Info

    Description

    This building is a perfect condo conversion. Has 20 parking spaces and very large units. Current vacancy due to COVID-19 pandemic. T-mobile has a booster station and pays for the space, adding additional $1,356/month to income. When fully rented two washers/dryers add $500/month to income. Additional amenities include elevator, A/C, and skylights on top floor units. Units are upgraded with granite in kitchens and baths, and laminate flooring in most units. Owner retiring for medical reasons and wants out. Offer will make money for entrepreneur. Sale includes APN: 4260032048. West Coast Escrow to be used.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-25T08:42:20.653. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.theparsonsrealestateteam.com/homes/121805415
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    2462 S Barrington Ave Los Angeles, CA 90064

    • Price: $6,750,000
    • Status: Active
    • Updated: 76 min ago
    • ID#: 21-786668
    30
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    14,804
    SQFT
    $456
    $/SQFT
    1988
    Built
    Neighborhood:
    West L.A.
    County:
    Los Angeles
    Area:
    West L.A.
    Property Description
    This building is a perfect condo conversion. Has 20 parking spaces and very large units. Current vacancy due to COVID-19 pandemic. T-mobile has a booster station and pays for the space, adding additional $1,356/month to income. When fully rented two washers/dryers add $500/month to income. Additional amenities include elevator, A/C, and skylights on top floor units. Units are upgraded with granite in kitchens and baths, and laminate flooring in most units. Owner retiring for medical reasons and wants out. Offer will make money for entrepreneur. Sale includes APN: 4260032048. West Coast Escrow to be used.
    Exterior Features

    Covered Parking 16 Lot Size Area 6600 Other Structures None Parking Garage AssignedCommunity GarageUncovered Total Parking 20

    Interior Features

    Baths Total 30.00 Cooling Air Conditioning Equipment DishwasherGarbage DisposalMicrowaveRange/OvenRefrigeratorElevator Heating Central Laundry CommunityGarage Laundry Equipment Own

    Property Features

    Assessed Total Value 155897 Electric Expense 4415.00 Elevator Expense 3958.00 Gardener Expense 2150.00 Gross Income 6000 Gross Operating Income 423672 Insurance Expense 6329.00 Like Units1 6 Like Units2 3 Maintenance Expense 6393.00 Net Operating Income 352860.00 Number Of Buildings 1 Number Of Units 9 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 70812 Trash Expense 6718.00 Type Of Units Apartments Water Expense 4415.00 Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Bill Keenan DRE#00369141 of William E. Keenan Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-25T08:42:20.653. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    The Parsons Team | Keller Williams Realty
    251 S. Lake Ave #150
    Pasadena CA, 91101