1815 Barry Ave, Los Angeles, CA, 90025
About This Home
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.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2024
Type & Style
- Home type: MultiFamily
- Architectural style: Modern
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Exhaust Fan,Microwave,Range/Oven,Refrigerator,Washer
- Laundry features: In Unit
Bedrooms & Bathrooms
- Bedrooms: 16
- Bathrooms: 18
Features
- Turnkey,High Ceilings
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air,Air Conditioning
Interior Area
- Total structure area: 7,977
- Total interior livable area: 7,977 sqft
Property
Details
- Parcel number: 4262021004
- Zoning: LARD1.5
- Special condition: Standard
Features
- Levels: Multi/Split
- Stories: 3
- Exterior features: Balcony
- Has view: Yes
- View description: Tree Top,City Lights
Lot
- Lot size: 5,945 sqft
Parking
- Total spaces: 8
- Parking features: Gated
- Covered spaces: 4
- Has uncovered spaces: Yes
- Uncovered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $28,569 | $342,828 |
| Home Insurance * | $784 | $9,408 |
| Property Taxes | $5,602 | $67,224 |
| Electricity | $1,710 | $20,526 |
| Total | $36,665 | $439,980 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-04 | Listed for sale | $5,650,000 |
| 2025-01-21 | Sold | $5,149,000 |
| 2024-09-30 | Listed for sale | $5,295,000 |
| 2024-09-11 | Listing removed | $7,995 |
| 2024-08-16 | Price change | $7,995 |
| 2024-08-07 | Listed for rent | $8,500 |
| 2022-06-03 | Sold | $1,925,000 |
| 2022-05-13 | Contingent | $1,499,000 |
| 2022-05-05 | Listed for sale | $1,499,000 |
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