
Multifamily listing
2479 barry
sold in
Mar Vista
Mar Vista Fourplex @ 12.06 GRM & 5.65% CAP
Sold At
$
1,370,000
4
Number of Units
1975
Year Built
3,405
SF
Square Footage
3,180
SF
Lot Size
N/A
Zoning
2479 Barry Ave, Los Angeles, CA 90064
About the Property
Approximately 20% upside in rents! 2479 Barry Avenue is located in West Los Angeles conveniently near the I-10 and the I-405 and the neighborhoods of Santa Monica, Brentwood and Mar Vista. The property is south of Pico and east of Barrington and just a 10-minute walk to the Bundy/Expo Metro Line station. Most of the units are beautifully remodeled with wood-laminate floors, bright kitchens and tiled floor baths. There are brick fireplaces and (2) single car garages plus (3) off-street parking spaces. The roof was replaced in 2013. Each unit is individually metered for electricity and gas. There are (2) 2 bedroom, 2 bath, (1) 1 bedroom, 1 bath and (2) studio apartment units.
2479 Barry Ave.
Westside / SM / Venice
Listed Price
$
Number of Units
4 Units
Price per. Unit
$$262,500
Bldg. Size
3,405 SF
Price per Foot
$309
Lot Size
3,180 SF
Year Built
1975
Current CAP
5.65%
Market CAP
6.97%
Zoning
N/A
Download the OM to view Property Highlights, Financials & Sales Comparables
Price P/ Unit
$$262,500
Price p/ Sq. ft.
$309
Proforma Cap Rate
6.97%




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