$2,100,000
2620 S Barrington Ave
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,606
Net Rentable (SqFt) 3,606
Units 4
Cap Rate 4.10%
NOI $86,087
Pro-Forma Cap Rate 5.55%
Pro-Forma NOI $116,492
Price per SqFt $582
Year Built 1947
Acreage 0.150
Investment Type Value Add
Multifamily | 4 Units | $525,000/unit
Marketing description
2620 Barrington Avenue offers investors a rare opportunity to acquire a low-density, amenity-rich multifamily asset in the heart of Sawtelle Japantown — one of the most walkable and supply constrained neighborhoods on Los Angeles’ Westside.
What sets this property apart is its house-like character. With only four units, each featuring its own private entrance and no shared hallways, residents experience the privacy and individuality of a standalone home — a distinction that resonates strongly with the Westside’s quality-conscious renter base and supports both tenant retention and premium rent positioning. On-site amenities including garage parking, commercial-size laundry, and a pet-friendly policy further enhance the property’s appeal relative to competing apartment product.
The surrounding neighborhood delivers on every front. Whole Foods is a three-minute walk. Mitsuwa Marketplace, Trader Joe’s, Tsujita LA Artisan Noodle, Daikokuya, and Millet Crepe are all within easy reach. The 405 and 10 freeways provide direct connectivity to the broader metro, while proximity to major employers — Google, Amazon Studios, Hulu, Snap, and Riot Games — ensures a steady and creditworthy tenant pipeline.
At least one unit has been fully renovated to a high standard, featuring quartz countertops, solid wood cabinetry, GE stainless steel appliances, luxury vinyl flooring, a remodeled bathroom, and new HVAC — a clear template for the value-add opportunity that remains across the remaining units. As tenants turn over, each unit presents a direct path to meaningfully higher rents in a market that consistently rewards well-located, well-finished product.
With stable in-place occupancy, a proven renovation model, and the structural scarcity that defines the best Westside assets, 2620 Barrington is well-suited for investors seeking durable income, near-term upside, and long-term appreciation in one of Los Angeles’ most resilient rental markets.
2620 South Barrington Avenue is ideally positioned in West Los Angeles, one of the city’s most sought-after rental markets known for its central location and accessibility to the broader Westside.
The property is just minutes from Brentwood, Sawtelle Japantown, and Santa Monica, offering tenants access to a wide range of dining, retail, and entertainment options. Nearby amenities include the Sawtelle dining corridor, Westfield Century City, and the beaches of Santa Monica.
Its strategic location provides convenient access to major employment centers including Century City, Silicon Beach, and UCLA, as well as seamless connectivity via the I-10 and I-405 freeways. The area is also well-served by public transportation, further enhancing tenant appeal.
West Los Angeles continues to experience strong rental demand due to its combination of lifestyle amenities, employment access, and limited new multifamily supply. This dynamic positions 2620 South Barrington Avenue as an attractive investment opportunity for both income stability and future rent growth
Investment highlights
- Vacant Owner-User Unit – Rare ability for an owner-user to immediately occupy a unit while generating income from the remaining units. Ideal for reducing occupancy costs or executing a live/work strategy.
- Dual Entry Downstairs Units – Ground-floor units feature dual entrances, enhancing flexibility for tenants, improving accessibility, and supporting potential reconfiguration or mixed-use appeal.
- Prime Sawtelle Japantown Address — Situated in one of West LA's most coveted and culturally vibrant rental corridors, steps from Mitsuwa Marketplace, Tsujita LA Artisan Noodle, Trader Joe's, and the full depth of the Sawtelle dining scene
- House-Like Living Experience — Only 4 units in the building, each with its own private entrance and no shared hallways — a rare quality that commands tenant loyalty and differentiates the property from conventional apartment stock
- 100% Two-Bedroom Unit Mix — Spacious 2-bedroom layouts with formal dining rooms, large bedrooms, and abundant natural light appeal to a broad and deep renter pool of professionals, roommates, and small families
- Proven Renovation Upside — At least one unit has been fully renovated with quartz countertops, solid wood cabinets, GE stainless steel appliances, luxury vinyl flooring, and updated bath — demonstrating the rent premium achievable through targeted interior upgrades
- Exceptional Walkability and Connectivity — 0.3 miles from Whole Foods, walkable to transit, restaurants, and retail; EV charging at the curb; direct access to the 405 and 10 freeways; and only 4 miles from Santa Monica beach
- Driven by Major Employment Demand — Minutes from Google, Amazon Studios, Hulu, Snap, and Riot Games, as well as the broader Santa Monica and Brentwood professional corridor, sustaining deep, consistent renter demand throughout market cycles
- Irreplaceable Westside Location — Entitlement barriers, land scarcity, and the absence of comparable new supply make assets like this increasingly difficult to replicate in the 90064 zip code
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$86,087.00
$7,173.92/mo
Valuation Metrics
0
DSCR
4.1%
Cap Rate
4.1%
ROI
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