NOT LISTED FOR SALE

Estimated Value: $3,927,000 - $5,029,817

16 Beds
20 Baths
7,886 Sq Ft
$589/Sq Ft Est. Value

Last Sold January 21, 2025

Last sale price $5,149,000 $653 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $26,453/month

72 Days on Market

Highlights

  • New Construction
  • Modern Architecture
  • Living Room
  • City Lights View
  • No HOA
  • 4-minute walk to Stoner Park and Recreation Center

About This Home

As of January 2025

1815 Barry Ave is an ultra-premium, 100% LEASED brand new construction West LA fourplex located in the heart of Sawtelle. Seconds walking to countless trendy shops & restaurants centered on Sawtelle Blvd and minutes from Westwood, Brentwood and The UCLA Campus. This fourplex is ready to close now: a dream come true for 1031 exchange buyers! ALL 4 bed units are leased NOW with a total income of $30,994/monthly. 1815 Barry Ave e is made up of FOUR 4-bedroom, 4.5 bathroom tri-level townhome style units with massive rooftop decks that boast awe-inspiring, 360 views of Los Angeles, complete with an outdoor sink! The property boasts 8 covered parking spaces, a very rare perk for this product type! This excellent location, paired with the upscale modern units, and sprawling rooftop views of the city have made for quick, easy rentals. These premium townhomes feature unbeatable floorplans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features including, but not limited to marble islands, all kitchen appliances included, MASSIVE rooftop decks with outdoor sink, modern glossy cabinets, high ceilings, huge closets, balconies off the living space and bedrooms, countless windows everywhere you look allowing for maximum light, natural wood waterproof vinyl, and more! In addition to the high return, buyers will enjoy other perks including tons of parking, tastefully designed drought tolerant landscaping, a 1-year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come.

Last Agent to Sell the Property

Elizabeth Maddox

Myunits.com Inc. Brokerage Phone: 818-850-8485 License #01921425 Listed on: 09/30/2024

Co-Listed By

Isaac Davidi

The Davidi Company Brokerage Phone: 818-850-8485 License #01819489

Last Buyer's Agent

Joonmo Phai

Keller Williams Beverly Hills License #02225985

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $61,714

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 5,942 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Landscaped

Parking

  • 8 Car Garage
  • Parking Available

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Quadruplex
  • Modern Architecture
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 7,886 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Vinyl Flooring

Kitchen

  • Electric Oven
  • Gas Range
  • Microwave
  • Freezer

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 20 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 4
  • Tax Tract Number 9476
  • Assessor Parcel Number 4262021004
  • $306 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $7,097
  • Maintenance Expense $1,600
  • New Taxes Expense $61,714
  • Operating Expense $71,612
  • Gross Income $372,000
  • Net Operating Income $285,508

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$61,714

Year Built

Built in 2024 | New Construction

Lot Details

5,942 Sq Ft Lot

Parking

8

Listing Details

  • CapRate: 5.39
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LARD1.5
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4262021004
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 652.93
  • Room Type: Kitchen, Living Room

Exterior Features

  • Direction Faces: East
  • View: City Lights, Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Freezer, Gas Range, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 5942.00
  • Lot Size Acres: 0.1364

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 372000.00
  • Gross Multiplier: 14.23
  • Gross Operating Income: 357120.00
  • Gross Scheduled Income: 372000.00
  • Insurance Expense: 7097.00
  • Lot Size Area: 5942.0000 Square Feet
  • Maintenance Expense: 1600.00
  • Net Operating Income: 285508.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 71612.00
  • Rent Control: No
  • Total Actual Rent: 30994.00
  • Total Expenses: 71612.00
  • Vacancy Allowance Rate: 4.00

Tax Info

  • New Taxes Expense: 61714.00
  • Tax Census Tract: 2676.00
  • Tax Lot: 4
  • Tax Tract Number: 9476
  • Tax Annual Amount: 61714.00
  • TaxOtherAnnualAssessmentAmount: 306.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2024
Closed on
Dec 27, 2024
Sold by
Beloit Company Llc
Bought by
Kdt Barry Llc
Seller's Agent
Elizabeth Maddox
Myunits.com Inc.
Buyer's Agent
Joonmo Phai
Keller Williams Beverly Hills
List Price
$5,295,000
Sold Price
$5,149,000
Premium/Discount to List
-$146,000
-2.76%
Views
27
Current Estimated Value
$4,643,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$505,394
Avg. Annual Appreciation
-8.52%

Purchase Details

Listed on
May 5, 2022
Closed on
May 18, 2022
Sold by
Sase Trust
Bought by
Beloit Company Llc
Seller's Agent
Sherri Noel
KW Advisors
Buyer's Agent
Nanette S Iggulden
Coldwell Banker Realty
List Price
$1,499,000
Sold Price
$1,925,000
Premium/Discount to List
$426,000
28.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.16%

Purchase Details

Closed on
Sep 28, 2007
Sold by
Sase Ayako and Sase Trust
Bought by
Sase Ayako and Sase Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Kdt Barry Llc $5,149,000 Provident Title Company
Beloit Company Llc $1,925,000 Priority Title
Sase Ayako -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2025 01/21/25 Sold $5,149,000 -2.8% $653 / Sq Ft
09/30/2024 09/30/24 For Sale $5,295,000 +175.1% $671 / Sq Ft
06/02/2022 06/02/22 Sold $1,925,000 +28.4% $1,510 / Sq Ft View Prior Sale
05/14/2022 05/14/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $1,499,000 -- $1,176 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,329 $2,042,824 $1,804,053 $238,771
2024 $24,329 $2,002,770 $1,768,680 $234,090
2023 $23,772 $1,963,500 $1,734,000 $229,500
2022 $1,335 $95,350 $82,445 $12,905
2021 $1,309 $93,481 $80,829 $12,652
2019 $1,274 $90,711 $78,433 $12,278
2018 $1,135 $88,934 $76,896 $12,038
2016 $1,071 $85,482 $73,911 $11,571
2015 $1,056 $84,199 $72,801 $11,398
2014 $1,070 $82,550 $71,375 $11,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB24200162

California Regional Multiple Listing Service (CRMLS)

APN: 4262-021-004

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