1815 Barry Ave, Los Angeles, CA 90025
1815 Barry Ave, Los Angeles, CA 90025
1815 Barry Ave, Los Angeles, CA 90025
1815 Barry Ave, Los Angeles, CA 90025
1815 Barry Ave, Los Angeles, CA 90025
1815 Barry Ave, Los Angeles, CA 90025
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$ 5,650,000
Est. payment | /mo

16 Beds

18 Baths

7,977 SqFt


Save
$ 5,650,000
Est. payment | /mo
Save

16 Beds

18 Baths

7,977 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,977 sqft

Price per Sqft $708

MLS Listing ID 26827967

Style Modern

Bedrooms 16

Construction Status New Construction

Year Built 2024

Lot Size 5,942 Sqft

Acres 0.1365

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area West L.A.

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Interior Features Turnkey, High Ceilings (9 Feet+)

Heating Central

Cooling Central, Air Conditioning

Equipment Dishwasher, Dryer, Hood Fan, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer

Laundry In Unit

Exterior

Parking Features Gated

Garage Spaces 8.0

View Y/N Yes

View Tree Top, City Lights

Building

Story 3

Architectural Style Modern

Level or Stories Multi/Split

Construction Status New Construction

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Keller Williams Beverly Hills

Nearby Locations

Chakits Krulsawat
Chakits Krulsawat

Buyer and Sales Specialist | RE. Lic# S.0168764

+1(702) 319-1092 | chakits.k@gmail.com

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1815 Barry Ave