13-Unit Multifamily
1220 S Barrington Ave Los Angeles, CA 90025
1220 S Barrington Ave, Los Angeles, CA, 90025
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For Sale
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Pending
Multifamily building with 13 units in a value-add configuration, with earthquake retrofitting completed.
Days on Market104
Property Features for 1220 S Barrington Ave
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing agency
The Andrews Group
Listed by
Daniel Andrews · License #CA 02018695
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 2:07AM Checked: Jul 22 at 2:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Andrews Group
Investment Insights
Based on property information with market context.
1220 S Barrington Ave consists of a multifamily building with approximately 13 units in an estimated 9,500 square foot structure. The asset has been family-held for many decades and is being offered as a value-add opportunity based on an estimated rental position below market.
The offering notes that average in-place rents are approximately 35% under market value, creating room for growth following stabilization or rent optimization. Earthquake retrofitting has also been completed on the property.
The property is positioned for a new owner to take over an existing, well-maintained building with completed seismic work and an identified opportunity related to below-market rents, with additional unit mix and financial details referenced in the offering materials.
The offering notes that average in-place rents are approximately 35% under market value, creating room for growth following stabilization or rent optimization. Earthquake retrofitting has also been completed on the property.
The property is positioned for a new owner to take over an existing, well-maintained building with completed seismic work and an identified opportunity related to below-market rents, with additional unit mix and financial details referenced in the offering materials.
Key Highlights
- Approximately 9,500 SF multifamily building with 13 units
- Value‑add configuration with below‑market rents; units estimated at about 35% under market value (pro‑forma per provided remarks)
- Earthquake retrofitting has been completed
Property Analytics
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FAQs
What type of property is this?
Apartment building - Multifamily building with 13 units in a value-add configuration, with earthquake retrofitting completed.
Where is this apartment building located?
The property is located at 1220 S Barrington Ave Los Angeles, CA.
What are key features of this property?
This property features: Approximately 9,500 SF multifamily building with 13 units; Value‑add configuration with below‑market rents; units estimated at about 35% under market value (pro‑forma per provided remarks); Earthquake retrofitting has been completed
