1734 Barry Ave | Los Angeles, CA 90025

Written By Michael Monempour

SALE PRICE: $2,250,000

PRICE/UNIT: $281K          PRICE/SF: $408                  GRM: 10.78                 CAP RATE: 5.35%

TRANSACTION HIGHLIGHTS

  • DELIVERED with 4 units vacant at the close of escrow

  • “VERY WALKABLE” and very bikeable on walk score

  • EXCELLENT Unit Mix consisting of (1) 2B/2B, (1) 2B/1B, (2) 1B/1B, (4) Studio Units

  • SEISMIC retrofit completed

  • AMPLE Parking Available

  • CLOSE proximity to a plethora of fine dining, shopping and entertainment options

  • BUYER + SELLER represented by Michael Monempour + Mark Ventre

  • EXCELLENT West LA location near Sawtelle/Japantown, Brentwood Santa Monica, Westwood and UCLA

  • POTENTIAL future covered land play with adjacent building

  • ONSITE washer dryer

  • FIRST time on market in over 25 years

  • VALUE-ADD opportunity with 15% upside in rental income

 
Free Property Valuation
Michael Monempour
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