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,… Read More 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. Read Less
Courtesy of Keller Williams Beverly Hills 310-432-6400
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Confirm your time
Fill in your details and we will contact you to confirm a time.
