1815 Barry Ave - Apartments FOR SALE


Los Angeles, CA 90025
$5,295,000 USD
213-302-8662
1815 Barry Ave, Los Angeles, CA for Sale
$5,295,000 USD
Apartments - FOR SALE
1/88
null | 5.39% Cap Rate

1815 Barry Ave
Los Angeles, CA 90025


HIGHLIGHTS

  • 100% LEASED NOW!
  • TOTAL YEARLY GROSS INCOME OF $371,928!
  • All units have massive rooftop decks!
  • Located in the neighborhood of Sawtelle Japantown, walking distance to countless trendy shops & restaurants centered on Sawtelle Boulevard!
  • Minutes from UCLA, Brentwood & Westwood. A major draw for A+ tenants!
  • Ideal unit mix of ALL 4 bedroom/4.5 bathroom units with rooftops decks!

OVERVIEW

1815 Barry Ave is an ultra-premium 100% LEASED brand new construction designer West LA fourplex located in the heart of Sawtelle. Seconds walking to countless trendy shops & restaurants centered on Sawtelle Blvd and minutes from Westwood, Brentwood & The UCLA Campus. This fourplex is ready to close now: a dream come true for 1031 exchange buyers! ALL four units are leased now brining in a total monthly income of $30,994! 1815 Barry Ave e is made up of FOUR 4-bedroom, 4.5 bathroom tri-level townhome style units with massive rooftop decks with awe-inspiring 360 views of Los Angeles, complete with a working outdoor sink! The property boasts 8 garage spaces, a very rare perk for this product type! The excellent location, paired with the upscale modern units, and sprawling rooftop deck views of the city have made for quick, easy rentals. These premium townhomes feature unbeatable floorplans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features including, but not limited to marble islands, all kitchen appliances included, MASSIVE rooftop decks with outdoor sink, modern glossy cabinets, high ceilings, huge closets, balconies off the living space and bedrooms, countless windows everywhere you look allowing for maximum light, natural wood waterproof vinyl, and more! In addition to the high return, buyers will enjoy other perks including tons of parking, tastefully designed drought tolerant landscaping, a 1-year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come.

FOR SALE DETAILS

PRICE

$5,295,000 USD

PRICE/SF

$671 USD /SF

# OF UNITS

4

PRICE/UNIT

$1,323,750

CAP RATE

5.39%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

100% Leased Luxury West LA Fourplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,942 SF

ZONING

LARD1.5

APN/PARCEL ID

4262-021-004

ASK ABOUT THIS PROPERTY

Lauren CearleyMyunits.comMore Info
213-302-8662

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Lauren CearleyMyunits.comMore Info
213-302-8662

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.