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1334 Barry Ave 8 Unit Apartment Building $5,000,000 ($625,000/Unit) 4.29% Cap Rate Los Angeles, CA 90025
EXECUTIVE SUMMARY
Barry Ave is well maintained and in excellent condition. Six of the eight units were completely renovated in 2022/2023 and an additional unit was renovated in 2025. These units feature entirely new interiors. Importantly, the plumbing and electrical systems and cable/internet infrastructure were all upgraded as well. The property’s landscaping was also redone to highlight the natural light of the elevated, corner lot.
With one unit remaining to upgrade, 1334 Barry offers a proven renovation scope and leasing history for investors to follow and capture the remaining rental income upside.
This premier West LA location features extremely strong demographics for multifamily investment, making it one of the region’s most sought-after submarkets. A true live-work-play location offers residents an environment within close proximity to Santa Monica, Brentwood, Sawtelle, Westwood, and Culver City.
With one unit remaining to upgrade, 1334 Barry offers a proven renovation scope and leasing history for investors to follow and capture the remaining rental income upside.
This premier West LA location features extremely strong demographics for multifamily investment, making it one of the region’s most sought-after submarkets. A true live-work-play location offers residents an environment within close proximity to Santa Monica, Brentwood, Sawtelle, Westwood, and Culver City.
PROPERTY FACTS
| Price | $5,000,000 | Apartment Style | Low-Rise |
| Price Per Unit | $625,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 4.29% | Building Size | 7,212 SF |
| Gross Rent Multiplier | 15.15 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1962/2023 |
| Property Subtype | Apartment | Parking Ratio | 1.25/1,000 SF |
| Zoning | LAR3 - Residential | ||
| Price | $5,000,000 |
| Price Per Unit | $625,000 |
| Sale Type | Investment |
| Cap Rate | 4.29% |
| Gross Rent Multiplier | 15.15 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 7,212 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1962/2023 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | LAR3 - Residential |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Double Pane Windows
- Freezer
- Pantry
- Large Bedrooms
- Quartz Countertops
SITE AMENITIES
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 700 |
| 2+2 | 4 | - | 1,100 |
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Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 4263-014-034 | Improvements Assessment | $1,273,449 |
| Land Assessment | $2,971,382 | Total Assessment | $4,244,831 |
PROPERTY TAXES
Parcel Number
4263-014-034
Land Assessment
$2,971,382
Improvements Assessment
$1,273,449
Total Assessment
$4,244,831
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1334 Barry Ave
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