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Millman Team Real Estate

$5,650,000
16 Bed
18 Bath
7,977 Sqft
0.14 Acre Lot

1815 Barry Avenue, Los Angeles, California 90025

  • Residential Income Property Type
  • 7,977 Sqft Square Footage
  • Gated Cars Garage
  • 2024 Year Built
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.

Basic Details
Residential Income
For Sale
26827967
$5,650,000
City Lights
16
18
7,977 Sqft
2024
0.14 Acre
Active
1
Features
: Central
: Central Air
: Gated
: Modern
: High Ceilings
$0
Appliances
: Dishwasher, Microwave, Dryer, Washer, Refrigerator
Address Map
CA
Los Angeles
Los Angeles
90025
Barry
1815
Avenue
W119° 32' 53.8''
N34° 2' 23.9''
East of Barrington, North of Olympic
WLA - West Los Angeles
LARD1.5
Additional Information
$0
$0
$0
$0
$0
7977
: Multi/Split
4
2026-05-04
3
Broker/Agent Information
Keller Williams Beverly Hills
Daniel Joonmo Phai
Listing Information
CLW-C142660
CLW-X74054
Active
2026-05-14T21:04:16Z
CRMLS
: Standard
2026-05-04T00:00:00Z
Agent info
Ray Millman
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