OPEN HOUSE - Thursday, February 19th from 11-2PM
Los Angeles, CA 90066
24
Units
1953
Built
$7,995,000
List Price
Executive Summary
Rare opportunity to acquire a twenty-four unit multifamily property in the highly desirable West Los Angeles submarket of Mar Vista, adjacent to Venice and Culver City
- Value-add investment opportunity with approximately 20% upside in rent
- 4.9% cap rate on in-place rents; 6.2% cap rate at market
1
Charming 1950’s construction with bright units, hardwood floors, ample closets, and a desirable mix of one and two-bedroom units
2
Tremendous Curb Appeal with Park-like Lawn on Desirable Barrington Avenue
3
Situated in one of the most desirable rental markets, the property benefits from its proximity to a diverse array of shopping, dining, and entertainment options
4
Top Rated Schools: Walkable to Mar Vista Elementary (ranked “A”; Niche.com)
5
Tremendous Area Demographics: Average Household Income Over $214.9K and Average Home Values Over $2.34 Million (within one-half mile)
6
Walking distance to The Hive, Lazy Daisy Café, Chipotle, Robek’s, YAMA Sushi Marketplace, and the future Lazy Acres Natural Market (coming Fall 2026)
7
Within six minutes of Grandview/Venice Boulevard hub, the heart of Mar Vista and home to numerous restaurants, cafés, and local retailers and weekly Farmers market
8
Easy Access to Transportation: Minutes to the 10 and 405 freeways and the Expo Line (Expo/Bundy Station)
9
Minutes to exciting lifestyle and entertainment hubs of Westwood Village, Century City, Downtown Culver City, Santa Monica, Venice, Marina del Rey, and Playa Vista/”Silicon Beach”
3144 & 3152 South Barrington Avenue
- Address
- City, State, Zip
- Units
- Year Built
- Est. Avg Unit Size (SF)
- Building NRSF
- Building GSF
- Parking
- Unit Mix
Amenities
Community Amenities
- Charming Courtyard-Style Apartment Community on Wide Tree-Lined Street
- Sparkling Swimming Pool with Seating
- Mature Shade Trees and Landscaping with Large Front Grassy Lawn
- 20 Garage Parking Spaces
- On-Site Laundry Facilities (2 Rooms: 1 Washer and 2 Dryers in each)
- Gated Community
- Walking distance to The Hive, Lazy Daisy Café, Chipotle, Robek’s, YAMA Sushi
Marketplace and the future Lazy Acres Natural Market (coming Fall 2026); Minutes to the Grandview/Venice hub with numerous restaurants, cafes and local retailers
- Down the Street from the Mar Vista Recreation Park, an 18-Acre Outdoor Area with Multiple Sports Fields, Swimming Pool, Tennis Courts, Roller Hockey Rink, Playground, and Community Center
- Easy Access to the 10 Freeway; 6 Minutes to the Expo Line (Expo/Bundy station)
Unit Amenities
- Charming 1950’s Detailing
- Bright and Airy Units
- Some Units Have Back Entrance
- Kitchens have Tile Countertops and Backsplashes (some have Granite); Double Sink; Gas Range/Oven; Refrigerator
- Hardwood Floors in Living Areas; Some Units have Carpet
- Separate Dining Area
- Bathrooms Feature Tile Flooring; Shower/Tub with Glass Enclosure
- Ceiling Fans
- Ample Closet Space
- Wall Air Conditioning/Heat
Photo Gallery
West Los Angeles
11111 Santa Monica Blvd
Suite 400
Los Angeles, CA 90025
INVESTMENT SALES
Adrienne Barr
Senior Managing Director
310.470.8963
[email protected]
CA DRE License #01308753
Nancy Badzey
Director of Transaction Services
310.909.0198
[email protected]
CA DRE License #01263701
MORTGAGE BANKING
Keith Rosso
Managing Director
310.209.3207
[email protected]
CA DRE License #02132562
Jeremy Kanter
Director
310.209.3238
[email protected]
CA DRE License #02082654
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