1815 Barry Avenue, Los Angeles, CA 90025
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1815 Barry Avenue,Los Angeles, CA 90025
$5,500,000
- 16 Beds
- - Baths
- 7,977 sq. ft.
- Multi-family
- Active
Listed by: daniel joonmo phai
Office: keller williams beverly hills
MLS#:CL26827967
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$5,500,000
- Price per sq. ft.:$689.48
About this home
1815 Barry Ave presents a rare opportunity to acquire a newly constructed, fully leased fourplex in the heart of Sawtelle, one of West Los Angeles' most desirable and supply-constrained rental markets. Offered at $5,650,000, the property delivers a 5.0% plus cap rate with strong in-place income and long-term upside potential, and ideal for a 1031 exchange. This premium asset consists of four expansive 4-bedroom, 4.5-bath tri-level townhome-style units, each designed with modern layouts, high-end finishes, and exceptional natural light. All units are currently leased, providing immediate, stable cash flow from day one. Each residence features large open-concept living areas, designer kitchens with marble countertops, stainless steel appliances, and oversized rooftop decks with panoramic 360-degree city views, creating a highly desirable product for high-income tenants. The property includes owned solar panels, helping reduce operating expenses and enhance long-term efficiency. Additional features include 8 parking spaces, separate utility metering, and minimal maintenance requirements due to brand-new construction. Four-unit property qualifies for conventional residential financing, offering increased accessibility and attractive lending options. Located just steps from Sawtelle Blvd's vibrant dining and retail corridor, and minutes from UCLA, Westwood, Brentwood, and Santa Monica, the property benefits from a strong tenant base and consistent rental demand. With proven rents and nearby comps achieving even higher levels, this asset offers a compelling combination of stability, premium location, and future rental growth potential....
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Home facts
- Year built:2024
- Listing ID #:CL26827967
- Added:146 day(s) ago
- Updated:September 28, 2026 at 03:00 PM
Rooms and interior
- Bedrooms:16
- Living area:7,977 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2024
- Building area:7,977 sq. ft.
- Lot area:0.14 Acres
Finances and disclosures
- Price:$5,500,000
- Price per sq. ft.:$689.48
Features and amenities
- Laundry features:Dryer, Washer
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