1851 S Barrington Ave - Residential LAND FOR SALE


Los Angeles, CA 90025- West Los Angeles6,490 SF
$1,800,000 USD
818-448-4415
1851 S Barrington Ave, Los Angeles, CA for Sale
$1,800,000 USD
Residential LAND - FOR SALE
1/9
6,490 SF

1851 S Barrington Ave
Los Angeles, CA 90025
West Los Angeles


HIGHLIGHTS

  • Prime West LA Location
  • Existing 5-Unit Structure Totaling 1,980 SF - Four (4) Studios and One (1) One-Bedroom Unit
  • Ideal ED1 Development
  • Seller has Designs for 100% Affordable Housing with 23 Units (Possibility to be Reconfigured to 30 Units via ED1)
  • TOC Tier 3 Benefits
  • 6,492 SF Lot Zoned LAR1.5

OVERVIEW

Marcus and Millichap is pleased to present a 6,492 SF lot development site located at 1851 S Barrington Avenue in Los Angeles, California. The single lot is located in a prime West LA location, south of Santa Monica Boulevard and west of Sawtelle Boulevard. Located in the heart of West Los Angeles, this prime offering features a 6,492 SF LARD1.5-zoned lot with an existing 5-unit bungalow-style property comprised of four (4) studios and one (1) one-bedroom unit. The site presents an ideal ED1 redevelopment opportunity, with seller-provided designs for 23 units (potential to be reconfigured to 30 units) of 100% affordable housing. The property offers dominant access to Santa Monica, Olympic, and Sawtelle Boulevards, with immediate connectivity to the 405 and 10 freeways. Nearby amenities include Stoner Park, the Expo/Bundy Metro E Line station, and the vibrant Sawtelle Japantown corridor, along with major retailers, fitness, dining, and entertainment options. Overall, the property represents a compelling redevelopment opportunity with the possibility to reconfigure designs to build up to 30 units via ED1 in a prime West Los Angeles location, all while generating existing income as entitlements are being finalized.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/ACRE

$12,081,356/AC

PRICE/SF

$277 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.15 AC

LAND SF

6,490 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

LARD1.5

APN/PARCEL ID

4262-022-012

ASK ABOUT THIS PROPERTY

Jason TuviaMarcus & MillichapMore Info
818-448-4415

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Jason TuviaMarcus & MillichapMore Info
818-448-4415

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.