$3,275,000

Estimated payment $22,147/month

Total Views 123
17 Beds
13 Baths
6,787 Sq Ft
$483 Price per Sq Ft

Highlights

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

About This Home

Now priced for immediate acquisition, 1288 Barry Avenue presents a rare opportunity to secure a high-potential Westside asset featuring an uncommonly large unit mix. Unlike the typical small-unit inventory in this submarket, the building is comprised of two expansive 4-bedroom/3-bathroom units, three 3-bedroom/2-bathroom units, and one bachelor (6 units total). The property is delivered with three vacancies, including a premier, street-facing 3-bedroom/2-bathroom "owner’s unit" that is bright, clean and ready for move-in. Professionally managed and exceptionally stable, the building is equipped with its soft-story retrofit, five parking spaces, on-site laundry, and separate metering for gas and electricity. This offering represents a unique "blank canvas" for an investor to capture immediate market-rate growth or for an owner-user to occupy a signature residence while collecting income. Strategically positioned one block from Wilshire and Barrington, the property sits at the center of significant institutional-grade investment and unrivaled lifestyle amenities. Its proximity to UCLA makes it an ideal candidate for high-end student housing, while its central location offers seamless access to the employment hubs of Silicon Beach and the Westside. Residents are just minutes away from the premier dining and retail corridors of Brentwood, Santa Monica, Sawtelle, and Westwood. With its turnkey infrastructure and superior unit sizes—rarely seen in buildings of this size—1288 Barry is a standout investment in one of Los Angeles' most resilient and sought-after rental markets.

Listing Agent

Ian Petas

Keller Williams Realty Brokerage Phone: 310-866-5555 License #01445698 Listed on: 04/07/2026

Keller Williams Realty

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

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
  • $1,269 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $86,520
  • Gross Income $247,200
  • Net Operating Income $160,680

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

6,288 Sq Ft Lot

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: 482.54

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • 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
  • 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: 247200.00
  • Gross Multiplier: 13.24
  • Gross Scheduled Income: 247200.00
  • Laundry Income: 150.00
  • Lot Size Area: 6288.0000 Square Feet
  • Net Operating Income: 160680.00
  • 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: 86520.00
  • Rent Control: Yes
  • Total Expenses: 86520.00

Tax Info

  • Tax Block: 58
  • Tax Lot: 39
  • TaxOtherAnnualAssessmentAmount: 1269.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $55,971 $4,658,702 $3,263,214 $1,395,488
2024 $55,971 $4,567,356 $3,199,230 $1,368,126
2023 $54,887 $4,477,800 $3,136,500 $1,341,300
2022 $30,721 $2,535,078 $1,444,863 $1,090,215
2021 $30,328 $2,485,372 $1,416,533 $1,068,839
2019 $29,433 $2,411,657 $1,374,519 $1,037,138
2018 $29,264 $2,364,370 $1,347,568 $1,016,802
2016 $27,923 $2,272,561 $1,295,242 $977,319
2015 $27,520 $2,238,426 $1,275,787 $962,639
2014 $27,628 $2,194,580 $1,250,797 $943,783
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2026 04/07/26 For Sale $3,275,000 -25.4% $483 / 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: SB26074365

California Regional Multiple Listing Service (CRMLS)
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