1851 S Barrington Ave - Residential LAND FOR SALE


Los Angeles, CA 90025- West Los Angeles | 6,490 SF
$1,450,000 USD
818-448-4415
1851 S Barrington Ave, Los Angeles, CA for Sale
$1,450,000 USD
Residential LAND - FOR SALE
1/8
6,490 SF

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


HIGHLIGHTS

  • Prime West LA Location
  • Existing 5-Unit Structure - Four (4) Studios and One (1) One-Bedroom Unit
  • Ideal ED1 Development
  • Seller Has Designs for 100% Affordable Housing with 23 Units (With Possibility to be Reconfigured to 35-40 Units Via ED1)
  • TOC Tier 3 Benefits
  • Steps Away from Sawtelle Japantown - Easy Access to Diverse Asian Eateries (Such as Tatsu Ramen and Seoul Tofu), Unique Shops (Daiso), and Lively Vibe

OVERVIEW

Marcus and Millichap is pleased to present a 6,492 SF development site located at 1851 S Barrington Ave in Los Angeles, California. The single lot is located in a prime West Los Angeles location, south of Santa Monica Boulevard and west of Sawtelle Boulevard. Positioned in prime West Los Angeles, this prime offering consists of a 6,492-square-foot LARD1.5-zoned lot with a five-unit bungalow-style property comprising of four (4) studio units and one (1) one-bedroom unit. The site offers a compelling ED1 redevelopment opportunity, supported by Seller-provided plans for 23 units that may potentially be reconfigured to accommodate up to 35-40 units of 100% affordable housing. The property benefits from convenient access to Santa Monica, Olympic, and Sawtelle boulevards, as well as the 405 and 10 freeways. Nearby amenities include Stoner Park, the Expo/Bundy Metro E Line station, and Sawtelle Japantown’s vibrant collection of restaurants and shops, along with numerous retailers, fitness centers, cafés, and entertainment destinations. Overall, the property presents a compelling redevelopment opportunity with the possibility to reconfigure designs to build up to 35-40 units via ED1 in a prime West Los Angeles location, all while generating existing income as entitlements are being finalized. For OM, please visit: https://www.lamultifamilydeals.com/active-listings/1851-s-barrington-ave

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/ACRE

$9,732,197/AC

PRICE/SF

$223 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.