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.
New construction
$5,650,000
1815 Barry Ave, Los Angeles, CA 90025
16beds
18baths
7,977sqft
Multi Family
Built in 2024
-- sqft lot
$5,369,000 Zestimate®
$708/sqft
$-- HOA
What's special
Exceptional natural lightModern layoutsOwned solar panelsHigh-end finishesStainless steel appliances
- 129 days
- 194
- 15
Zillow last checked:
Listing updated:
Listed by:
Daniel Joonmo Phai DRE # 02225985 818-584-2937,
Keller Williams Beverly Hills 310-432-6400
Source: CLAW,MLS#: 26827967
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 18
Heating
- Central
Cooling
- Central Air, Air Conditioning
Appliances
- Included: Dishwasher, Dryer, Exhaust Fan, Microwave, Range/Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Turnkey, High Ceilings
Interior area
- Total structure area: 7,977
- Total interior livable area: 7,977 sqft
Property
Parking
- Total spaces: 8
- Parking features: Gated
- Covered spaces: 4
- Uncovered spaces: 4
Features
- Levels: Multi/Split
- Stories: 3
- Exterior features: Balcony
- Has view: Yes
- View description: Tree Top, City Lights
Lot
- Size: 5,945 Square Feet
Details
- Additional structures: None
- Parcel number: 4262021004
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Modern
- Property subtype: Multi Family
Condition
- New Construction
- New construction: Yes
- Year built: 2024
Utilities & green energy
Green energy
- Energy generation: Solar
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $708/sqft
- Tax assessed value: $2,042,824
- Date on market: 5/4/2026
- Tenant pays: Trash Collection, Water, Electricity, Gas
Estimated market value
$5,369,000
$5.10M - $5.64M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Listed for rent | $8,200+2.6%$1/sqft |
Source: | ||
| 5/4/2026 | Listed for sale | $5,650,000+9.7%$708/sqft |
Source: | ||
| 1/21/2025 | Sold | $5,149,000-2.8%$645/sqft |
Source: | ||
| 9/30/2024 | Listed for sale | $5,295,000+175.1%$664/sqft |
Source: | ||
| 9/11/2024 | Listing removed | $7,995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/16/2024 | Price change | $7,995-5.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/7/2024 | Listed for rent | $8,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/3/2022 | Sold | $1,925,000+28.4%$241/sqft |
Source: Public Record Report a problem | ||
| 5/13/2022 | Contingent | $1,499,000$188/sqft |
Source: | ||
| 5/5/2022 | Listed for sale | $1,499,000$188/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $5,251,980 +157.1% |
| 2025 | $24,481 +0.6% | $2,042,824 +2% |
| 2024 | $24,329 +2.3% | $2,002,770 +2% |
| 2023 | $23,772 +4.1% | $1,963,500 +1959.3% |
| 2022 | $22,837 +1645.1% | $95,350 +2% |
| 2021 | $1,309 -0.6% | $93,481 +1% |
| 2020 | $1,317 | $92,524 +2% |
| 2019 | $1,317 +16% | $90,711 +2% |
| 2018 | $1,135 | $88,934 +2% |
| 2017 | $1,135 +2.1% | $87,191 +2% |
| 2016 | $1,112 +3.8% | $85,482 +1.5% |
| 2015 | $1,071 +0.1% | $84,199 +2% |
| 2014 | $1,070 | $82,550 +2.5% |
| 2012 | -- | $80,567 +2% |
| 2011 | -- | $78,989 +0.8% |
| 2010 | -- | $78,400 -0.2% |
| 2009 | -- | $78,588 +2% |
| 2008 | -- | $77,048 +2% |
| 2007 | -- | $75,538 +2% |
| 2006 | -- | $74,058 |
| 2005 | -- | $74,058 +4% |
| 2004 | -- | $71,185 +1.9% |
| 2003 | -- | $69,882 +2% |
| 2002 | -- | $68,513 +4% |
| 2000 | -- | $65,855 |
Find assessor info on the county website
Monthly payment
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Neighborhood: Sawtelle
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