$2,600,000
MLS: 26997085
Beds
14
Baths
12
Sq Ft
6,535
Lot
0.19 ac
Year Built
1958
MLS #
26997085
Days on Market
8
Listed
Oct 5, 2026
Description
We are pleased to present 2540 S Barrington Avenue, a 12- unit apartment building on Barrington Avenue in West Los Angeles. A qualified buyer may assume the existing Chase loan at 4.38%, fixed through 06/01/2029, subject to Chase's approval. Built in 1958, the two-story, wood-frame building holds ten one-bedroom and two two bedroom units, 6,535 square feet on an 8,257-square-foot lot, with a pool courtyard at its center.The property is registered under the Los Angeles Rent Stabilization Ordinance. In-place rents on the occupied units leave 19% upside to market rents as those units turn. The pool courtyard and West Los Angeles location support the tenant appeal of the ten one-bedroom and two two-bedroom units.Family ownership is documented since 1978. On the same street, 0.1 mile south, a renovated 610-square-foot one-bedroom was listed at $2,300 in April 2026 and came off the market in six days. The offering suits 1031 exchange buyers and private investors looking for West Los Angeles rental income with fixed-rate financing already in place.The property sits on Barrington Avenue in West Los Angeles, just south of the I-10 and steps from the restaurants at Gateway Boulevard. Whole Foods Market on National Boulevard is 0.5 mile away. Marukai Market on Pico Boulevard is 0.5 mile west, and the restaurant row of Sawtelle Japantown is 0.8 mile north. Richland Avenue Elementary is 0.1 mile from the front door.The Expo/Bundy station on the Metro E Line, which runs from Santa Monica to Downtown Los Angeles, is 0.6 mile away. Expo/Sepulveda is 0.7 mile. The I-10 runs just north of the property, and the I-405 interchange lies to the east. One Westside, Google's office campus at Pico and Westwood Boulevards, is 1.1 miles away. Century City is 2.5 miles. UCLA is 2.8 miles north, Culver City 2.8 miles east, and Los Angeles International Airport 6.4 miles south.Besides the renovated unit on Barrington Avenue, one-bedrooms in 1950s and 1960s apartment buildings within 1.5 miles came off the market at $1,995 to $2,240 between April and September 2026. Two-bedrooms in buildings of the 1940s and 1950s came off the market at $2,495 to $2,995.
Location
Los Angeles, Los Angeles County, CA 90064
Open on Google Maps ↗Listed by: Filip Niculete · Marcus & Millichap
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
$20,185
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $260,000 · Loan: $2,340,000
Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $16,202
- Property tax (1.25%)
- $2,708
- Homeowners insurance
- $300
- Mortgage insurance
- $975
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 Oct 8, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.73%
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 $91,000 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
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