Los Angeles, CA 90025,1734 Barry Ave
Los Angeles, CA 90025,1734 Barry Ave
Los Angeles, CA 90025,1734 Barry Ave
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
17
Jun
Wed
18
Jun
Thu
19
Jun
$2,500,000
Est. payment /mo
5 Beds
9 Baths
5,350 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,350 sqft

Price per Sqft $467

MLS Listing ID 25541591

Bedrooms 5

Year Built 1961

Lot Size 6,861 Sqft

Acres 0.1575

Property Sub-Type Multi-Family

Property Description

THE OPPORTUNITY: THERE WILL NOW BE 3 VACANCIES AT CLOSING! 1734 Barry Ave offers investors a rare chance to acquire a stabilized, cash-flowing asset with clear, measurable upside in one of the Westside's most desirable rental pockets. With current rents approximately 24% below market, the property presents a classic value-add scenario that can be executed incrementally, without the risk or timeline of a heavy repositioning. This is a familiar and manageable asset class featuring a majority of studio and one-bedroom units and is ideal for an investor with a long-term horizon seeking durable yield in a high- barrier submarket. It's a strong fit for those focused on steady cash flow and future appreciation. THE PROPERTY: Built in 1961, 1734 Barry Ave is an 8-unit building totaling 5,514 square feet. It sits on a 6,859 square foot R3-zoned lot in a quiet pocket of West Los Angeles. The unit mix includes (3) studios, (3) one-bedrooms, (1) two-bedroom, one-bath, and (1) two-bedroom, two-bath units - layouts that consistently appeal to the Westside's tenant base. While the property retains its original mid-century character, several units have been modestly upgraded, and 50% of the units are already achieving strong in-place rents, demonstrating solid income potential without full renovation. The building includes five on-site parking spaces, is not subject to Measure ULA, and presents as a clean, well-located asset with meaningful upside. As units turn, investors have the opportunity to reposition the asset and maximize cash flow in one of L.A.'s most competitive rental corridors.

Location

State CA

County Los Angeles

Area West L.A.

Zoning LAR3

Interior

Heating Wall

Laundry Community

Exterior

Garage Spaces 5.0

Roof Type Composition

Building

Story 2

Structure Type Stucco

Others

Special Listing Condition Standard


Read Less Info
TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.

GET MORE INFORMATION

Name

Phone*

Message

Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

original_355e300d-2f46-42e1-9f79-a73b0ca9d5fb