$3,295,000

Estimated payment $20,558/month

Total Views 1,305
17 Beds
13 Baths
6,787 Sq Ft
$485 Price per Sq Ft

Highlights

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

About This Home

*Refreshed, Reduced (again) and Ready to Sell* Entire second story (10 bedrooms) currently vacant, ready for a new buyer to maximize income! Five VERY large units plus a bachelor (6 units total), 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), 5 parking spaces, separately metered for gas and electric and on site laundry. 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: 11/12/2025

Keller Williams South Bay

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,288 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

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

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 13 Bathrooms

Additional Features

  • Urban Location
  • Forced Air Heating System

Listing and Financial Details

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

Community Details

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $89,355
  • Gross Income $255,300
  • Net Operating Income $165,945

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

5

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 4263013036
  • Year Built: 1960
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 485.49

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
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6288.00
  • Lot Size Acres: 0.1444

Multi Family

  • Gross Income: 255300.00
  • Gross Multiplier: 12.90
  • Gross Scheduled Income: 255300.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 100.00
  • Lot Size Area: 6288.0000 Square Feet
  • Net Operating Income: 165945.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 89355.00
  • Rent Control: Yes
  • Total Expenses: 89355.00

Tax Info

  • Tax Block: 58
  • Tax Lot: 39

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 List to Sale Price per Sq Ft Prior Sale
11/12/2025 11/12/25 For Sale $3,295,000 -24.9% $485 / Sq Ft
03/11/2022 03/11/22 Sold $4,390,000 +0.9% $647 / Sq Ft View Prior Sale
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)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25257387

California Regional Multiple Listing Service (CRMLS)