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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Devin McNichol & Aaron Bernbach

Devin McNichol & Aaron Bernbach

+1(424) 835-1470
$5,650,000
Est. payment /mo
16 Beds
18 Baths
7,977 SqFt
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,977 sqft

Price per Sqft $708

MLS Listing ID 26827967

Bedrooms 16

HOA Y/N No

Year Built 2024

Lot Size 5,941 Sqft

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 Wla - West Los Angeles

Zoning LARD1.5

Interior

Interior Features High Ceilings

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Gated

View Y/N Yes

View City Lights

Total Parking Spaces 8

Building

Story 3

Entry Level Multi/Split

Architectural Style Modern

Level or Stories Multi/Split

New Construction Yes

Others

Senior Community No

Tax ID 4262021004

Special Listing Condition Standard

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Listed by Daniel Joonmo Phai Keller Williams Beverly Hills #02225985

NEARBY SCHOOL & BUSINESS

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Devin McNichol & Aaron Bernbach

Devin McNichol & Aaron Bernbach

+1(424) 835-1470

Agent | License ID: 02038322

Agent License ID: 02038322

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