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About This Home
This 16-bedroom, 18-bathroom residential multi family at 1815 Barry Ave in Los Angeles, CA is listed for $5,650,000 ($708 per sqft). Built in 2024, the home offers 7,977 sqft of living space on a 0.14 acres lot.
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.
Key Features
- Built in 2024
- 0.14 acre lot
- 3 stories
- 8 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$30,217/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1815 Barry Ave
Los Angeles, CA 90025
Features & Amenities
Interior Features
Property Details
Views
Parking
Heating
Cooling
Questions & Answers
This 16-bedroom, 18-bathroom residential multi family at 1815 Barry Ave is listed at $5,650,000 ($708/sqft). The estimated monthly payment is $24,483 based on 20% down at 6.5% interest.
Key features include: Built in 2024, 0.14 acre lot, 3 stories, 8 parking spaces. Interior Features: Turnkey, High Ceilings (9 Feet+).
This property is listed by Daniel Joonmo Phai and can be reached at 8185842937 or danielphai@kw.com.




