Developers and Investors welcome to this well appointed exceptional Value Add Fourplex at 2620 S Barrington. Nestled in the heart of the vibrant West Los Angeles A+ rental market. This four-unit property presents an enticing opportunity for both developers and investors. The well-appointed property consists of four spacious units, each thoughtfully designed to provide comfort and functionality. Boasting a blend of modern charm and timeless elegance, these units feature open floor plans, sleek finishes, and an abundance of natural light, offering an ideal living space for prospective tenants or owners. What sets this property apart from the rest is its exciting potential for development. With its prime location, this property holds immense promise for creative developers looking to tap into the multi-family real estate market of Los Angeles. Capitalize on the demand for modern and stylish housing options by exploring the possibilities of expansion, enhancing the existing units. For seasoned investors seeking a solid, income-generating asset, this property is an excellent choice. With its existing units already generating substantial rental income, this investment opportunity allows for immediate returns. Moreover, the desirable location allows for easy access to amenities, transportation, shopping centers, and renowned entertainment hotspots, ensuring high demand and low vacancy rates. Whether you're a forward-thinking developer or astute investor 2620 S. Barrington Ave. is for you. This potential development opportunity or investment property promises endless possibilities in one of the most coveted locations in Los Angeles.
Property Type :
Residential Income
County :
Los Angeles
Style :
Residential Income
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ByOwner last updated this listing 05/03/2024 @ 05:43
MLS: 24351625
LISTED BY: Joel Newton, Compass
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
