1734 Barry Ave - Apartments FOR SALE


Los Angeles, CA 90025- West Los Angeles
$2,500,000 USD
310-270-8423
1734 Barry Ave, Los Angeles, CA for Sale
$2,500,000 USD
Apartments - FOR SALE
1/18
null | 4.59% Cap Rate

1734 Barry Ave
Los Angeles, CA 90025
West Los Angeles


HIGHLIGHTS

  • Prime West L.A. location near Sawtelle/Japantown, Brentwood Santa Monica, Westwood and UCLA
  • Excellent unit mix consisting of (1) 2B/B , (1) 2B/1B. (2) 1B/1B & (4) Studio Units
  • Completed Earthquake Seismic Retrofit
  • Value Add opportunity with ±15% upside in rental income
  • First time on the market in over 25 years
  • Onsite Washer/Dryer & Ample Parking Available

OVERVIEW

1734 Barry Ave offers investors a rare chance to acquire a stabilized, cash flowing asset with clear, measurable upside in one of the Westside’s most desirable rental pockets. With current rents approximately 24% below market, the property presents a classic value-add scenario that can be executed incrementally, without the risk or timeline of a heavy repositioning. This is a familiar and manageable asset class—featuring a majority of studio and one-bedroom units—and is ideal for an investor with a long-term horizon seeking durable yield in a high- barrier submarket. It’s a strong fit for those focused on steady cash flow and future appreciation. Built in 1961, 1734 Barry Ave is an 8-unit building totaling 5,514 square feet. It sits on a 6,859 square foot R3-zoned lot in a quiet pocket of West Los Angeles. The unit mix includes (3) studios, (3) one-bedrooms, (1) two bedroom, one-bath, and (1) two-bedroom, two-bath units—layouts that consistently appeal to the Westside’s tenant base. While the property retains its original mid-century character, several units have been modestly upgraded, and 50% of the units are already achieving strong in-place rents, demonstrating solid income potential without full renovation. The building includes five on-site parking spaces, is not subject to Measure ULA, and presents as a clean, well-located asset with meaningful upside. As units turn, investors have the opportunity to reposition the asset and maximize cash flow in one of L.A.’s most competitive rental corridors.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$453 USD /SF

# OF UNITS

8

PRICE/UNIT

$312,500

CAP RATE

4.59%

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,861 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

4262-019-016

ASK ABOUT THIS PROPERTY

Michael MonempourLyon Stahl Investment Real EstateMore Info
310-270-8423

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Michael MonempourLyon Stahl Investment Real EstateMore Info
310-270-8423

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