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Listed price in listed location currency (USD).
$5,650,000

16188

MLS® 26827967

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 7977 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 2024
Avg. Price Per Sqft $708
MLS® Number 26827967

Property Address: 1815 Barry Ave, LOS ANGELES, CA, 90025

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number26827967
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2024
Basement
DrivewayGated
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 4, 2026List Date
$5,650,000List Price
  • Commute

Commute

Starting Address
Destination Address
1815 Barry Ave, Los Angeles, CA

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