NOT LISTED FOR SALE

1562 Barry Ave Los Angeles, CA 90025

Sawtelle Neighborhood
10 Beds
13 Baths
6,435 Sq Ft
7,000 Sq Ft Lot

Last Sold July 12, 2019

Last sale price $3,400,000 $528 Per Sq Ft

67 Days on Market

About This Home

As of July 2019

BEST PRICED PROPERTY IN PRIME WEST LOS ANGELES. 16.38X GRM. UNDER $300K/UNIT. 1562 Barry Avenue is a rare opportunity to acquire an easy to manage property located in one of the best rental locations in prime West Los Angeles. A short stroll to Santa Monica Blvd., the property can be delivered with 2 out of 12 units vacant, allowing the astute investor to immediately capitalize on setting high market rents. 1562 Barry Avenue is a well maintained, easy to manage property that boasts an ideal unit mix of efficiency, studio, 1 bedroom, and 2 bedroom units. Many units have been remodeled with high end kitchens, bathrooms, flooring, and lighting . Additional features include separate dining areas and wall air conditioning units. There is an on-site laundry room and ample on-site parking consisting of 14 total parking spaces.

Last Agent to Sell the Property

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169 Listed on: 03/25/2019

Remax Commercial and Investment Realty

Last Buyer's Agent

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169 Listed on: 03/25/2019

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,000

Interior Spaces

  • 6,435 Sq Ft Home
  • 2-Story Property

Parking

  • 14 Parking Spaces
  • Carport

Additional Features

  • 7,000 Sq Ft Lot
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 4262-009-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6435
  • Stories: 2
  • Year Built: 1964
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 552.91

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 14

Utilities

  • Cooling: Wall Unit(s)

Lot Info

  • Assessed Improvement Value: 850000
  • Assessed Land Value: 1975000
  • Assessor Parcel Number: 4262-009-010
  • Geocode Override: No
  • Lot Size Area: 7000

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.38
  • Number Of Units: 12
  • Rent Control: 100%
  • Total Annual Expense: 76589
  • Type Of Units: E,S,1,2
  • Vacancy Rate: 3%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $3,400,000 -4.4% $528 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $3,558,000 +25.9% $553 / Sq Ft
12/21/2016 12/21/16 Sold $2,825,000 -4.2% $439 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
07/25/2016 07/25/16 For Sale $2,950,000 -- $458 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jonathan Taksa

    Seller's Agent in 2019

    Jonathan Taksa

    RE/MAX

    (424) 672-8220

    15 in this area

    77 Total Sales

    Jonathan Taksa
    Section Image

  • D

    Seller's Agent in 2016

    Denise Fast

    Estate Properties

    Section Image
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Map

Source: The MLS

MLS Number: 19-447628

The MLS
California Los Angeles County Los Angeles 90025 Sawtelle

1562 Barry Ave, Los Angeles, CA

This home is located at 1562 Barry Ave, Los Angeles, CA 90025 since 25 March 2019. This property was built in 1964. 1562 Barry Ave is a home located in Los Angeles County with nearby schools including Nora Sterry Elementary School, Daniel Webster Middle School, and New West Charter School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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