605 South Barrington Avenue

Los Angeles, CA 90049

$18,950,000
Price
54
Beds
54
Baths
38,860 Sq. Ft.
$488 / Sq. Ft.
38,860
Sq. Ft.
$488
per Sq. Ft.

Description

This stunning building has been under the same ownership for the past 50 years and only one asset of similar vintage greater than 40+ units has traded north of San Vincente Boulevard in 90049 over the last 10-years. The property is in the premier pocket of Brentwood just north of Montana Avenue, adjacent to Brentwood Village and its myriad dining, shopping, entertainment, farmer's markets and recreational amenities are all within walking distance. This location offers residents at 605 South Barrington...This stunning building has been under the same ownership for the past 50 years and only one asset of similar vintage greater than 40+ units has traded north of San Vincente Boulevard in 90049 over the last 10-years. The property is in the premier pocket of Brentwood just north of Montana Avenue, adjacent to Brentwood Village and its myriad dining, shopping, entertainment, farmer's markets and recreational amenities are all within walking distance. This location offers residents at 605 South Barrington Avenue the best of everything as they are located on a quiet residential street within walking distance of thousands of jobs and a plethora of dining, shopping, entertainment, and recreational amenities in the adjacent Brentwood Village along San Vicente Boulevard.
  1. Listed by Elliot Hassan • DRE #01481211 • Brokerage DRE #01837608 • NorthMarq Realty Services, Inc.

Property Details for 605 South Barrington Avenue

Zoning
LAR3
Parcel Number
4401011013
Total Units
40.0
Living Area
38860
Source Living Area
Vendor Enhanced
Area
Brentwood (C06)
Vacancy Rate
No
Lot Size Area
50414
LISTING UPDATED: 09/27/2024 12:01 AM

Property Details for 605 South Barrington Avenue

StatusActive
MLS #24-442401
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size1.16 AC / 50,414 SF
CountyLos Angeles County

Building Information for 605 South Barrington Avenue

Stories2Residences-Year Built1953Building Size-Lot Size1.16 AC / 50,414 SF

Property Information for 605 South Barrington Avenue

Community / Development
Community / Development
  • Number Of Units: 40
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 40
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $1,265,619
  • Net Operating Income: $829,652.00
  • Gross Income: $1,306,548
  • Cap Rate: 4.38%
  • Gross Rent Multiplier: $14.50
  • Total Annual Expense: 435967
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 1.1573
  • Lot Size Square Feet: 50414
Parking Details
Parking Details
  • Parking Garage: Carport Detached
  • Total Parking: 48
  • Parking Features: Detached Carport
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Wall Unit(s)
  • Heating: None
  • Heating Type: None
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-19-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,552.00
  • Unit Actual Rent: $68,915.00
  • Unit Projected Rent: $94,500.00
  • Like Units: 27
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,074.00
  • Unit Actual Rent: $39,964.00
  • Unit Projected Rent: $54,600.00
  • Like Units: 13
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $886,074.00
  • Assessed Improvement Percent: 51.37
  • Assessed Land Value: $838,940.00
  • Assessed Land Percent: 48.63
  • Assessed Total Value: $1,725,014.00

Property History for 605 South Barrington Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 605 South Barrington Avenue

Taxable ValueLand$855,718Additions$913,795Total$1,769,513
Tax Record2024$27,029 ($2,252 / month)
Home Facts
Total Finished SqFt38,860 SqFtAbove Grade Finished SqFt38,860 SqFtLot Size50,400 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningLAR3CountyLOS ANGELESAPN4401-011-013

Schools near 605 South Barrington Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Public - K to 5
Charter - 6 to 8
Charter - 9 to 12
Rating
School
Distance
Kenter Canyon Elementary School
CharterK to 5

Brentwood Science School
PublicK to 5

Paul Revere Middle School
Charter6 to 8

University Senior High School Charter
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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605 South Barrington Avenue is a multi-family home for sale in Los Angeles, CA 90049. This property was listed for sale on September 19, 2024 by NorthMarq Realty Services, Inc., it's currently listed at $18,950,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Kenter Canyon Elementary School, Brentwood Science School and Paul Revere Middle School. 605 South Barrington Avenue is a 54-bed, 54-bath, 38,860 sqft multi-family home built in 1953.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NorthMarq Realty Services, Inc., Elliot Hassan, DRE #01481211

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.