1218 South Barrington Avenue
1218 South Barrington Avenue
Description
1218 South Barrington is situated on a short drive from the Santa Monica coast in the quiet, upscale neighborhood of Brentwood in West Los Angeles, CA. Residents of 1218 S Barrington Avenue will enjoy the proximity to the trendy local restaurants, bars, dessert shops, grocers, craft stores, and various other specialty shops in town in less than a ten-minute walk. Sited two miles away from the University of California and the VA Greater Los Angeles Healthcare Systems, this is the perfect location. Well maintained, with incredible accessibility, 1218 S Barrington Avenue is primed to offer an ideal investment opportunity to acquire a multifamily asset strategically located in desirable West Los Angeles.
- Listed by Daniel Andrews • DRE #02018695 • Brokerage DRE #00905345 • Pinnacle Estate Properties
Property Details for 1218 South Barrington Avenue
Location
Property Details for 1218 South Barrington Avenue
| Status | Active |
|---|---|
| MLS # | SR24044736 |
| Days on Market | 56 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Residential Income |
| Year Built | 1957 |
| Lot Size | 0.24 AC / 10,496 SF |
| County | Los Angeles County |
Location
Building Information for 1218 South Barrington Avenue
Payment Calculator
$22,960 per month
30 year fixed, 7.25% Interest
$22,375
$585
$0
Property Information for 1218 South Barrington Avenue
- Gross Income: $281,583
- Gross Scheduled Income: $280,383
- Vacancy Allowance: 8411
- Vacancy Allowance Rate: 3
- Gross Operating Income: $273,171
- Net Operating Income: $159,000
- Laundry Income: $1,200
- Gross Multiplier: 14.62
- Cap Rate: 3.85
- Operating Expense: $114,171
- Operating Expense Percent: 40.72%
- Gardener Expense: $2,400
- Fuel Expense: $0
- Electric Expense: $6,426
- Insurance Expense: $7,600
- Professional Management Expense: $11,215
- Trash Expense: $6,138
- Water Sewer Expense: $6,426
- Total Expenses: $114,171
- Tax Block: 54
- Tax Tract Number: Art...
- Tax Census Tract: 2674.03
- Tax Lot: 11
- Community Features: Curbs, Gutters
- Laundry: Yes
- Laundry Features: Common Area
- Entry Location: Front and Rear
- Pool Features: None
- Pool Description: None
- Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft, Near Public Transit
- Number Of Units: 13
- Land Lease: No
- Land Lease Type: Fee
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 0
- Parking: Yes
- Parking Garage: Assigned
- Parking Garage Spaces: 0
- Carport Spaces: 15
- Parking Features: Assigned
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $2,186
- Unit Type Total Rent: $2,186
- Unit Type Pro Forma: 2895
- Unit Type Type: 1
- Unit Type Units Total: 8
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $14,564
- Unit Type Total Rent: $14,564
- Unit Type Pro Forma: 19160
- Unit Type Type: 2
- Unit Type Units Total: 4
- Unit Type Beds Total: 0
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $6,615
- Unit Type Total Rent: $6,615
- Unit Type Pro Forma: 7580
- Unit Type Type: 3
- Rent Controlled: Yes
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 13
- Number Of Separate Gas Meters: 13
- Number Of Separate Water Meters: 13
- Number Wall AC: 13
Property History for 1218 South Barrington Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1218 South Barrington Avenue
Schools near 1218 South Barrington Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Charter - | 6 to 8 | |||
| Charter - | 9 to 12 | |||
| Charter - | K to 7 |
Rating | School | Distance |
|---|---|---|
Brockton Avenue Elementary School PublicK to 5 | ||
Emerson Community Charter School Charter6 to 8 | ||
University Senior High School Charter Charter9 to 12 | ||
Citizens of the World Charter School Mar Vista CharterK to 7 |
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.
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Listing Courtesy of Pinnacle Estate Properties, Daniel Andrews, DRE #02018695
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.