$5,650,000
NEW CONSTRUCTION

Estimated payment $32,380/month

Total Views 5,815
16 Beds
18 Baths
7,977 Sq Ft
$708 Price per Sq Ft

Highlights

  • New Construction
  • Gated Parking
  • Modern Architecture
  • Solar Power System
  • City Lights View
  • 4-minute walk to Stoner Park and Recreation Center

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.

Listing Agent

Joonmo Phai

Keller Williams Beverly Hills License #02225985 Listed on: 05/04/2026

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024 | New Construction

Property Views

  • City Lights
  • Trees

Home Design

  • Modern Architecture
  • Turnkey

Interior Spaces

  • 7,977 Sq Ft Home
  • 3-Story Property
  • High Ceiling

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 18 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Gated Parking

Additional Features

  • Solar Power System
  • Balcony
  • 5,942 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • The owner pays for gardener
  • Assessor Parcel Number 4262-021-004

Property Details

Home Type

Multi-Family

Year Built

Built in 2024 | New Construction

Lot Details

5,942 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Modern
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: Welcome to 1815 Barry Ave, a newly constructed, fully leased fourplex in the heart of Sawtelle, one of West LA's most desirable rental markets. Offered at $5,650,000, the property delivers a 5.0%+ cap rate with strong in-place income and long-term upside especially ideal for a 1031 exchange. Each of the four 4-bed, 4.5-bath tri-level townhome-style units features modern open layouts, designer kitchens, and expansive rooftop decks with 360-degree city views. The property is 100% leased, providing immediate cash flow. Owned solar panels help reduce expenses, while new construction ensures low maintenance. Four-unit property qualifies for conventional residential financing, offering increased accessibility and attractive lending options. Includes 8 parking spaces and separate utilities. Prime location near Sawtelle Blvd, UCLA, and major Westside hubs.
  • Living Area: 7977
  • Lot Acreage: 0.1365
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2024
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Turnkey, High Ceilings (9 Feet+)
  • Bedrooms: 16
  • Laundry: In Unit
  • Total Bathrooms: 18.00
  • Equipment: Dishwasher, Dryer, Hood Fan, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer
  • Price Per S Q F T: 708.29

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+), Energy Efficient
  • Other Structures: None
  • View: Tree Top, City Lights
  • View: Yes

Garage/Parking

  • Other Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Gated
  • Total Parking: 8

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 11.69
  • Assessed Improvement Value: 238771
  • Assessed Land Percent: 88.31
  • Assessed Land Value: 1804053
  • Total Assessed Value: 2042824
  • Assessor Parcel Number: 4262-021-004
  • Lot Size Area: 5942

Rental Info

  • Owner Pays: Gardener
  • Rent Control: No
  • Tenant Pays: Trash Collection, Water, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.19
  • Number Of Units: 4
  • Type Of Units: Townhouse

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $24,481 $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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2026 05/04/26 For Sale $5,650,000 +9.7% $708 / Sq Ft
01/21/2025 01/21/25 Sold $5,149,000 -2.8% $653 / Sq Ft View Prior Sale
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: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $5,149,000 Provident Title Company
Grant Deed $1,925,000 Priority Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: The MLS

MLS Number: 26827967

The MLS

APN: 4262-021-004

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