$3,495,000
$354K PRICE DROP

Estimated payment $22,391/month

Total Views 1,690
17 Beds
13 Baths
6,787 Sq Ft
$515 Price per Sq Ft

Highlights

  • Lawn
  • Forced Air Heating System
  • 3-minute walk to Champion Echo Park Manager
  • Laundry Room

About This Home

**Refreshed and Reduced (again)** Six VERY large units, with great opportunity for appreciation and rent increases. 1288 Barry Avenue has 2, 4 bedroom 3 bath apartments, 3, 3 bedroom 2 bathroom apartments and 1 bachelor. It is a very clean, professionally managed building with its soft story retrofit completed (buyer to verify) and on site laundry. Assumable financing is available, please feel free to call or email for details.

Prime West LA location one block from Wilshire and one block east of Barrington, with convenient access to major freeways, transportation, and close to retail and entertainment options from Brentwood, Santa Monica, Sawtelle and Westwood. East to rent to students at UCLA! Great location near businesses on Wilshire and Silicon Beach.

Listing Agent

Ian Petas

Keller Williams South Bay Brokerage Phone: 310-866-5555 License #01445698 Listed on: 06/11/2025

Keller Williams South Bay

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1960

Lot Details

  • 6,288 Sq Ft Lot
  • No Common Walls
  • Lawn

Parking

  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 6,787 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 13 Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Legal Lot and Block 39 / 58
  • Tax Tract Number 267
  • Assessor Parcel Number 4263013036
  • Seller Considering Concessions

Community Details

Building Details

  • 5 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $100
  • Insurance Expense $929
  • Trash Expense $395
  • Water Sewer Expense $476
  • Operating Expense $22,800
  • Gross Income $254,076
  • Net Operating Income $254,076

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1960

Lot Details

0

Parking

5

Listing Details

  • Price Per Unit: 582500
  • Property Attached: No
  • Water Sewer Expenses: 476.00
  • Zoning: LAR3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 100.00
  • Parcel Number: 4263013036
  • Year Built: 1960
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 514.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 395.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 6288.00
  • Lot Size Acres: 0.1444

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 254076.00
  • Gross Multiplier: 13.75
  • Gross Scheduled Income: 254076.00
  • Insurance Expense: 929.00
  • Lot Size Area: 6288.0000 Square Feet
  • Net Operating Income: 254076.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 6
  • Rent Control: Yes
  • Total Actual Rent: 22040.00
  • Total Expenses: 22800.00

Tax Info

  • Tax Block: 58
  • Tax Lot: 39
  • Tax Tract Number: 267...

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Price Changed $3,495,000 -6.2% $515 / Sq Ft
07/08/2025 07/08/25 Price Changed $3,725,000 -3.2% $549 / Sq Ft
06/11/2025 06/11/25 For Sale $3,849,000 -12.3% $567 / Sq Ft
03/11/2022 03/11/22 Sold $4,390,000 +0.9% $647 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $4,350,000 -- $641 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25131222

California Regional Multiple Listing Service (CRMLS)