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$2,500,000
Est. payment /mo
6,860 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25541591
HOA Y/N No
Year Built 1961
Lot Size 6,860 Sqft
Property Description
THE OPPORTUNITY: 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 Wla - West Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Laundry Common Area
Exterior
Roof Type Composition
Total Parking Spaces 5
Building
Story 2
Others
Tax ID 4262019016
Special Listing Condition Standard
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Listed by Mark Ventre • Lyon Stahl Investment Real Estate, Inc.