2216 Barrington AveLos Angeles, CA 90064

Property Details for 2216 Barrington Ave

Year built

1968

Construction

TILT-UP CONCRETE

Lot size

0.13 AC

Property size (Sq ft)

4,002 SF

Zone code

LAM2

Property type

Office properties

Property subtype

Office buildings

APN

4260-013-023

APU

4260013023

Description

This exceptional Los Angeles creative office property at 2216-2222 S Barrington Ave, zip code 90064, presents a unique owner-user or investor opportunity. The property, located in Los Angeles County, California, offers significant flexibility with its divisible design into three separate buildings. Each building boasts impressive 12-15 foot clear ceiling heights, complemented by exposed ceilings, newly installed skylights, and a brand new roof. The expansive space is perfect for a variety of uses, including design studios, showrooms, storage facilities, or research and development operations. Its adaptable nature provides a blank canvas for creative businesses seeking a unique and functional workspace. The property benefits from a central location, providing convenient access to major transportation arteries, the 10 and 405 Freeways. For investors, the potential for multiple tenants or a single large user adds to its appeal. Furthermore, seller financing is available, making this an even more attractive proposition. This is a rare opportunity to acquire a versatile and well-maintained property in a prime Los Angeles location.

• CAP approach

  CAP return

  Valuation

  6%

  $991,784

  6.5%

  $915,493

  7%

  $850,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $759,572

  Geo Method

  $761,020

• Alternative Use

  Use

  Valuation

  Residential

  $1,135,211

  Hospitality

  $1,039,847

  Educational

  $865,140

  Medical

  $894,894

  Retail

  $1,345,774

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.034

Longitude

-118.447

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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