1288 Barry Ave, Los Angeles, CA 90025

Property Description

4.34% cap and 15.95 GRM! AND in prime West LA!! 1288 Barry represents a great opportunity for an investor to acquire a great property at a great price with immediate cash flow that will produce high returns. This building has been well-cared for and its soft story seismic retrofit is completed! Prime West LA location ONE block from Wilshire and ONE block east of Barrington, with convenient access to major thoroughfares, freeways, transportation, and close to retail and entertainment options from Brentwood, Santa Monica, Sawtelle and Westwood. In addition to its high returns, this great building has a history of very low vacancy due to its proximity to major employment hubs (i.e. Silicon Beach high tech companies) and UCLA, its neighborhood charm and unique 3
and 4-bedroom units which totals 18 Bedrooms and 13 bathrooms. With a walk score of 85 the property is in close proximity to several parks, including Westwood Recreation Center, Stoner Recreation Center and Jackie Robinson Stadium in addition to several nearby restaurants, shopping and entertainment venues.