13-Unit Multifamily
For Sale
Contact for pricing
Pending
1220 S Barrington Ave, Los Angeles, CA 90025
Multifamily building with 13 units in a value-add configuration, with earthquake retrofitting completed.
Property SizeContact for details
Days on Market121
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
Changed: Aug 8
Last Checked: Aug 8 at 7:19AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
4,961
Businesses Nearby
Explore this area
Business Placement
Demographics for 90025, CA
45,466
Population
24,965
Households
1.8
Avg Household Size
36
Median Age
70%
College-Educated
95%
High-School Grad
2.6 sq mi
ZIP Area
17,487
Density / Sq Mi
$104,627
Median Household Income
$70,713
Median Earnings
$2,465
Median Rent
$1,081,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
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
