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Brentwood Multifamily Remodel Opportunity
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1606 Barry Ave, Los Angeles, CA 90025

Multifamily property with remodel potential in Brentwood neighborhood.

Property Size6,632 SF
Price / SF$550.35
Days on Market146

Property Features for 1606 Barry Ave

General Information

Standard status Active
Size 6,632 SF
Total Parking Spaces 8
Property subtype Multifamily
Zoning LAR3
Occupancy 16%
Investment Type Value Add

Building Details

Year Built 1958
Buildings 1
Stories 2
Units 8
Listing Agency: Corcoran Group of California, Inc.
Listed By: Daniel Corcoran · License #01787829 (California - CGroup Inc)
Source: Crexi
Added: Mar 23 Changed: Aug 11 Last Checked: Aug 13 at 4:33PM

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 Corcoran Group of California, Inc.

Investment Insights

Based on property information with market context.

This multifamily property, consisting of eight units, presents a remodel opportunity to meet Brentwood rental market standards. Seven of the eight units are currently vacant, with some having undergone partial remodeling. The building features copper piping and a roof that is approximately 10 years old. The property is located within walking distance of Brentwood's restaurants and nightlife. The property has a size of 6632 square feet.

Key Highlights

  • Significant upside potential in rents
  • Seven of eight units vacant, presenting a great remodel opportunity
  • Great remodel opportunity

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Butcher Clothing & Fashion Store Nursing Home Farmer's Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,961
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with remodel potential in Brentwood neighborhood.
Where is this apartment building located?
The property is located at 1606 Barry Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,649,950.
What are key features of this property?
This property features: Significant upside potential in rents; Seven of eight units vacant, presenting a great remodel opportunity; Great remodel opportunity
(310) 435-9106 Call to check price and availability
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