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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$2,500,000

Est. payment - /mo

6,860 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 25541591

HOA Y/N No

Year Built 1961

Lot Size 6,860 Sqft

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 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

Read Less Info

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

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

10

Edison Language Academy

Public | PK - 5
10

Warner Avenue Elementary

Public | KG - 5
10

Westwood Charter Elementary School

Public | KG - 5
9

Kenter Canyon Charter School

Public | KG - 5
9

Franklin Elementary School

Public | PK - 5
9

Community Magnet Charter Elementary School

Public | KG - 5
9

Grant Elementary School

Public | PK - 5
9

Mar Vista Elementary

Public | KG - 5
9

Fairburn Avenue Elementary School

Public | KG - 5
9

Clover Avenue Elementary School

Public | KG - 5
9

Overland Elementary School

Public | KG - 5
9

El Rodeo School

Public | KG - 8
8

Santa Monica Alternative (K-8)

Public | KG - 8
8

McKinley Elementary School

Public | KG - 5
8

Will Rogers Learning Community

Public | KG - 5
8

Broadway Elementary School

Public | KG - 5
8

Richland Avenue Elementary

Public | KG - 6
7

Nora Sterry Elementary School

Public | KG - 5
6

Grand View Boulevard Elementary School

Public | KG - 5
6

La Ballona Elementary School

Public | KG - 5

Middle Schools 15

9

Lincoln Middle School

Public | 6 - 8
8

Paul Revere Charter School

Public | 6 - 8
8

New West Charter

Public | 6 - 10
7

John Adams Middle School

Public | 6 - 8
7

Palms Middle School

Public | 6 - 8
6

Emerson Community Charter

Public | 6 - 8
5

Mark Twain Middle School

Public | 6 - 8
5

Magnolia Science Academy 4

Public | 6 - 12
4

Daniel Webster Middle School

Public | 6 - 8
0

Archer School for Girls

Private | 6 - 12
0

Fusion Academy - los Angeles

Private | 6 - 12
0

City Charter Middle School

Public | 6 - 8
0

James J. Mcbride Special Education Center

Public | 6 - 12
0

Windward School

Private | 7 - 12
0

Westview School

Private | 7 - 12

High Schools 14

10

Beverly Hills High School

Public | 9 - 12
9

Santa Monica High School

Public | 9 - 12
7

Animo Venice Charter High School

Public | 9 - 12
6

University High School Charter

Public | 9 - 12
6

Venice High School

Public | 9 - 12
0

St Monica Catholic High School

Private | 9 - 12
0

Pacifica Christian High School

Private | 9 - 12
0

Olympic High (Continuation)

Public | 9 - 12
0

Lighthouse Christian Academy

Private | 9 - 12
0

Marymount High School los Angeles

Private | 9 - 12
0

Arete Preparatory Academy

Private | 9 - 12
0

Phoenix Continuation

Public | 9 - 12
0

Notre Dame Academy Girls High School

Private | 9 - 12
0

Moreno High (Continuation)

Public | 9 - 12

School and business data provided by Attom Data.

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1734 Barry AVE Los Angeles, CA 90025