




Description
Marcus & Millichap, as exclusive listing agent, is pleased to present 1851 S Barrington Avenue, a premier 4 SLO or up to 8 unit apartment development opportunity in prime West Los Angeles, CA. This unique development opportunity is comprised of 6,491 SF of land zoned LARD1.5-1, allowing for a By Right 4-unit apartment project or 4 small lot single family homes. The site also falls under TOC Tier 3, allowing for a 45% density bonus or 8 total apartment units (including 1 affordable) along with reduced parking incentives, increased Floor Area Ratio, and a 30% reduction in an individual setback. A developer may also apply to change zoning to R3-1 for a total of 8 units. Because the project would result in less than 10 units, it would not be subject to Measure JJJ. The property is currently comprised of 5 units with a unit mix of (4) Studios and (1) 1 Bedroom / 1 Bathroom. The current building is 1,980 SF and was built in 1952.
Similar Listings
MLS# 20-653368
$7,350,000
3 Beds
Listing Agent: Dan Beder 00644137
Courtesy of: Sotheby's International Realty
MLS# 20-641740
$7,225,000
24 Beds
Listing Agent: Parviz Azad 00697488
Courtesy of: Parviz Azad
MLS# 20-650446
$7,200,000
20 Beds
Listing Agent: Carolyn Schneider 00881530
Courtesy of: Miller & Desatnik Realty Co.
MLS# SR20257608CN
$5,500,000
Listing Agent: Cynthia Burts 01134271
Courtesy of: Burts & Associates
MLS# 20-646050
$5,250,000
Listing Agent: Elliot Schwartz 02020686
Courtesy of: Marcus & Millichap
MLS# 20-658026
$4,950,000
Listing Agent: Neema Ahadian 01346750
Courtesy of: Marcus & Millichap
MLS# 20-664950
$3,995,000
5 Beds
6 Baths
Listing Agent: Jimmy Heckenberg 01910100
Courtesy of: Rodeo Realty - Beverly Hills
MLS# 20-621856
$3,695,000
8 Beds
Listing Agent: Gavin Fleminger 01240692
Courtesy of: Nourmand & Associates-BW
MLS# 20-621832
$3,695,000
Listing Agent: Gavin Fleminger 01240692
Courtesy of: Nourmand & Associates-BW
MLS# 20-642180
$3,595,000
7 Beds
Listing Agent: Wilian Menezes 01915910
Courtesy of: Enrique Suarez
MLS# 20-640914
$3,500,000
Listing Agent: Filip Niculete 01905352
Courtesy of: Marcus & Millichap
MLS# 20-640884
$3,290,000
11 Beds
Listing Agent: Filip Niculete 01905352
Courtesy of: Marcus & Millichap
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.