Los Angeles, CA 90025,1734 Barry Avenue
Los Angeles, CA 90025,1734 Barry Avenue
Los Angeles, CA 90025,1734 Barry Avenue
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$2,500,000
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5,350 SqFt
New

1734 Barry Avenue Los Angeles, CA 90025

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Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 5,350 sqft

Price per Sqft $467

MLS Listing ID CL25541591

HOA Y/N No

Year Built 1961

Lot Size 6,861 Sqft

Acres 0.16

Property Sub-Type Comm Ind For Sale

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 renov

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Exterior

Total Parking Spaces 5

Building

New Construction No

Others

Tax ID 4262019016


Bridge MLS
Listed by Mark Ventre • Lyon Stahl Investment Real Estate, Inc.

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agent

Ian Stapp

Agent | CA DRE#02177046

+1(209) 765-4712

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1734 Barry Avenue