3144-3152 S Barrington Ave - Apartments FOR SALE


Los Angeles, CA 90066- Mar Vista
$7,995,000 USD
310-470-8963
3144-3152 S Barrington Ave, Los Angeles, CA for Sale
$7,995,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

3144-3152 S Barrington Ave
Los Angeles, CA 90066
Mar Vista


HIGHLIGHTS

  • OPEN HOUSE: THURSDAY, FEBRUARY 19 - 11 AM TO 2 PM
  • 24 units in West Los Angeles’ highly desirable submarket of Mar Vista
  • Value-add investment opportunity with approximately 20% upside in rent
  • 4.9% cap rate on in-place rents; 6.2% cap rate at market
  • Charming 1950s construction
  • Walk to A-rated Mar Vista Elementary, The Hive, Lazy Daisy Café, Chipotle, Robek’s, YAMA Sushi Marketplace, and Lazy Acres Natural Market (Fall 2026)

OVERVIEW

OPEN HOUSE: THURSDAY, FEBRUARY 19 - 11:00 TO 2:00 PM PROPERTY WEBSITE with OM: https://properties.berkadia.com/3144-3152-south-barrington-avenue-488012/ Berkadia is excited to exclusively offer for sale, 3144 & 3152 S. Barrington Avenue, a charming 24-unit apartment community in West LA’s prime Mar Vista neighborhood. The courtyard-style community features bright and airy units with charming details, hardwood floors, built-ins and ample closet space. The community is centered around a sparkling swimming pool and offers gated access, on-site laundry facilities, and 20 garage parking spaces. Built in 1953, this value-add investment opportunity offers approximately 20% in rental upside, with a 4.9% cap rate on the current rent roll and a 6.2% cap rate at market. The property is walking distance to A-rated Mar Vista Elementary School, The Hive, Lazy Daisy Café, Chipotle, Robek’s, Yama Sushi Marketplace and the Future Lazy Acres Natural Market (Coming Fall 2026). The Grandview/Venice Hub with Numerous Restaurants, Cafes, and Local Retailers is within minutes. The location offers easy access to the 10 Freeway, and 6 Minutes to the Expo Line (Expo/Bundy station).

FOR SALE DETAILS

PRICE

$7,995,000 USD

PRICE/SF

$402 USD /SF

# OF UNITS

24

PRICE/UNIT

$333,125

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

24u in Prime Mar Vista | Value Add

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,354 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

4250-009-020

ASK ABOUT THIS PROPERTY

Adrienne BarrBerkadiaMore Info
310-470-8963

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Adrienne BarrBerkadiaMore Info
310-470-8963

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