Multiple Listing Service Los Angeles Real Estate

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1851 S Barrington Ave, Los Angeles, CA. 90025

Listing Price: $1,625,000 Sold Price: $1,550,000
Beds: 5 | Baths: N/A

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Details

MLS#: 21-704690

APN#: 4262-022-012

Status: Sold

Lot Size: 6492

Sq Ft: 1980

Beds: 5

Baths: N/A

Style: N/A

Year Built: 1952

Subdivision:

Roof: N/A

Spa: N/A

Tennis: N/A

Laundry: N/A

Heat: None

Air: Window Unit(s)

Property Type: Income

Sale Type: Standard

Land Type: N/A

Lease Amount: N/A

Lease Exp: N/A

HOD: N/A

Area: West L.A.

City: Los Angeles

Zip code: 90025

Map: N/A

View: N/A

Waterfront: N/A

Sewer: N/A

Parking # N/A

Security: N/A

Amenities: N/A

Pool:

Floor: N/A

Rooms: N/A

Fireplace: N/A

Parking: Driveway
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Remarks Community Report

$100K price reduction! Marcus & Millichap, as exclusive listing agent, is pleased to present 1851 S Barrington Avenue, a premier 4 SLO or up to 8 unit apartment development opportunity in prime West Los Angeles, CA.This unique development opportunity is comprised of 6,491 SF of land zoned LARD1.5-1, allowing for a By Right 4-unit apartment project or 4 small lot single family homes. The site also falls under TOC Tier 3, allowing for a 45% density bonus or 8 total apartment units (including 1 affordable) along with reduced parking incentives, increased Floor Area Ratio, and a 30% reduction in an individual setback. A developer may also apply to change zoning to R3-1 for a total of 8 units. Because the project would result in less than 10 units, it would not be subject to Measure JJJ. The property is currently comprised of 5 units with a unit mix of (4) Studios and (1) 1 Bedroom / 1 Bathroom. The current building is 1,980 SF and was built in 1952. 1851 S Barrington Avenue has a prime location in the world-renowned West Los Angeles. Situated just North of the 10 Freeway one of Los Angeles most significant East West throughfares, 1851 S Barrington Avenue is surrounded by affluent neighborhoods, home to expensive residences, as well as numerous high profile office and residential developments. The subject property is uniquely positioned in one of the

Seller's Agents

- Name: Louks, Jeffrey | Email
- Phone: 818-212-2780
- Cell: 310-941-5899
- CalDRE #: 00908473
- Office: Marcus & Millichap
- Office Phone: 818-212-2700
- Name: N/A, N/A
- Phone: N/A
- Cell: N/A
- CalDRE #: N/A
- Office Name: N/A
- Office Phone: N/A

Buyer's Agents

- Name: Louks, Jeffrey | Email
- Phone: 818-212-2780
- Cell: 310-941-5899
- Lic #: 00908473
- Office: Marcus & Millichap
- Office Phone: 818-212-2700
- Name: N/A, N/A
- Phone: N/A
- Cell: N/A
- Lic #: N/A
- Office Name: N/A
- Office Phone: N/A

Last Updated: 4/19/2021 11:42:11 AM

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