West Los Angeles and Coastal Real Estate
Josephine Chiu

West Los Angeles and Coastal Real Estate
Buy and Sell with your local expert -- Josephine Chiu

1314 S Barrington Avenue, Los Angeles, CA 90025 (MLS # 20658026)

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PRICE $4,950,000
BEDS n/a
BATHS 0 baths
LOT SIZE 13,996 sqft

The Neema Group of Marcus & Millichap is pleased to present 1314-1322 South Barrington Ave, Los Angeles, CA 90025. Located between Santa Monica Blvd and Wilshire Blvd, 1314-1322 S Barrington Ave features two parcels totaling 13,996 in the heart of West Los Angeles directly across the street from University High School Charter. The current structures consist of two multifamily apartment buildings totaling 10 units, with two units currently vacant. This offering presents a developer the opportunity to purchase a sizeable lot ideal for a multifamily development project. The parcels are currently zoned {Q}R3-1 with the ability to build 17 units by-right; there are no plans or entitlements in-place currently. With eight units presently occupied, a developer would benefit from collecting cash flow while planning for a new development. Considered one of the most desirable submarkets in all of Los Angeles, West Los Angeles continues to grow at a rapid pace with steady rent growth...

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86 Very Walkable

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Listing provided by : Neema Ahadian License # 01346750, Marcus & Millichap

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Based on information from California Regional Multiple Listing Service, Inc. as of 11/23/20 8:33 AM PST and /or other sources. 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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