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).