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$5,500,000
Listing Price16beds
16baths
7,977sqft
5,942sqft lot
1815 Barry Ave, Los Angeles, CA 90025
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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
Interior Details
7977
16
16
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
5942
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Quadraplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$1,273
$80,001
$12,523
--%
$92,524
2019
$1,273
$78,433
$12,278
--%
$90,711
2018
$1,134
$76,896
$12,038
--%
$88,934
2017
$1,111
$75,389
$11,802
--%
$87,191
2016
$1,071
$73,911
$11,571
--%
$85,482
2014
$1,069
$71,375
$11,175
--%
$82,550
2013
$1,063
$71,053
$11,125
--%
$82,178
2012
$1,048
$69,660
$10,907
--%
$80,567
Average Home Price in 90025
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$5,500,000
$5,500,000
16 Beds
16 Baths
7,977 Sqft
5,942 Lot (sqft)
Sold 10/05/2026
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles


