$3,495,000
Original list price: $3,995,000
MLS: SR26160145
Beds
17
Baths
13
Sq Ft
7,593
Lot
0.20 ac
Year Built
1944
MLS #
SR26160145
Days on Market
14
Listed
Jul 23, 2026
Description
MAJOR PRICE REPOSITIONING Exceptional West Los Angeles 9-Unit Investment Opportunity **Newly repositioned from $3,995,000 to $3,495,000**, creating a compelling opportunity to acquire a meticulously maintained, pride-of-ownership 9-unit apartment building in one of West Los Angeles’ most desirable rental neighborhoods. Ideally situated on Barrington Avenue just south of Pico Boulevard, this well-maintained multifamily asset offers an excellent unit mix consisting of four 2-bedroom/2-bath units, four 2-bedroom/1-bath units and one spacious 1-bedroom/1-bath unit. A standout feature is the property’s **12 gated on-site parking spaces**, an exceptional parking ratio for the area. Many of the units have been tastefully updated with remodeled kitchens, upgraded bathrooms and modern finishes. Two ground-floor units feature laminate flooring while the remaining units are carpeted. Most units include a refrigerator, stove, microwave, dishwasher and blinds. Most also feature central air conditioning, while one original unit presents an opportunity for a future owner to modernize and add additional value. Select units offer private outdoor space including patios or side yards. Additional amenities include controlled gated entry, assigned gated parking and an on-site community laundry facility. The property has been exceptionally maintained and has completed its **soft-story seismic retrofit**, eliminating a significant future capital improvement and providing added peace of mind for ownership. Most units are individually metered for gas and electricity, while two units share utility meters with those costs currently paid by the owner. The location is a major draw. Just moments from the vibrant Sawtelle district, residents enjoy immediate access to one of Los Angeles’ premier dining and entertainment destinations, known for its acclaimed Japanese restaurants, specialty shops and neighborhood atmosphere. UCLA, Santa Monica, Brentwood, Century City and the beach. With **strong in-place income and substantial rental upside**, this property offers investors the opportunity to grow cash flow while owning a quality asset in one of Southern California’s most sought-after multifamily markets. This is an outstanding opportunity for a 1031 exchange buyer, portfolio investor or purchaser seeking a premier West Los Angeles multifamily asset with pride of ownership, excellent parking, rental upside and long-term appreciation potential.
Location
Los Angeles, Los Angeles County, CA 90064
Open on Google Maps ↗Listed by: Brad Roth · Pinnacle Estate Properties
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$25,528
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $349,500 · Loan: $3,145,500
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $20,276
- Property tax (1.25%)
- $3,641
- Homeowners insurance
- $300
- Mortgage insurance
- $1,311
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Aug 6, 2026
- 30-year fixed
- 6.69%
- 15-year fixed
- 6.01%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $122,325 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Los Angeles, CA 90064 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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