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Overview
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.
| Property Type | Quad-plex |
| MLS # | 26827967 |
| Year Built | 2024 |
| Parking Spots | 8 |
Features
100% Occupied
5.02% Cap Rate
15.19 GRM
$371 998.56 Annual Gross Income
$30 999.88 Gross Rent Per Month
Fully Owned Solar
Premium Finishes
Rooftop
Balcony
Premier West LA Location
New Construction
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