1334 Barry Ave, Los Angeles, CA 90025
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1334 Barry Ave Los Angeles, CA 90025

$5,150,000
  • 12 Beds
  • 12 Baths
  • 7,212 Sq.Ft.
For Sale
$5,150,000 Get Pre-Qualified

Map preview of 1334 Barry Ave, Los Angeles, CA 90025

Property Overview: 1334 Barry Ave Los Angeles, CA has 12 bedrooms, 12 bathrooms, 7,212 living square feet and 7,018 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Barry Ave is well maintained and in excellent condition. Six of the eight units were completely renovated in 2022/2023 and 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 two units remaining to upgrade, 1334 Barry offers a proven renovation scope and leasing history for investors to follow and capture the remaining rental income upside.

Listed by John Levis | BRE #01886278 | Wydown Partners Inc.
Last checked: 4 minutes ago | Last updated: August 23rd, 2024 | Source CRMLS | DOM: 34

Home details

Lot Sq. Ft
7,018
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24428067
City
Los Angeles
County
Los Angeles
Time on Site
35 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Leased Units: 8
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,835
  • Total Rent: $3,835
  • Pro Forma/Market Rent: $3,835
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,314
  • Total Rent: $2,314
  • Pro Forma/Market Rent: $2,314
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,060
  • Total Rent: $3,060
  • Pro Forma/Market Rent: $3,060
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,319
  • Total Rent: $4,319
  • Pro Forma/Market Rent: $4,319
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,664
  • Total Rent: $1,664
  • Pro Forma/Market Rent: $1,664
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,080
  • Total Rent: $4,080
  • Pro Forma/Market Rent: $4,080
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.18%
  • Gross Rent Multiplier: 15.92
  • Gross Scheduled Income: --
  • Net Operating Income: $214,244
  • Gross Operating Income: $321,410
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1334 Barry Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Oven
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
  • Security Features: Fire and Smoke Detection System, Gated Community, Smoke Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Assigned, Covered
Property Information
  • Total # of Units: 8
  • Parcel Number: 4263014034
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Barry & Rochester
View more facts & features

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Sale History for 1334 Barry Ave

Last sold for $4,000,000 on June 3rd, 2022
  • August, 2024

  • Aug 15, 2024

    Date

    Active

    CRMLS: 24428067

    $5,150,000

    Price

  • June, 2022

  • Jun 3, 2022

    Date

    Sold

    CRMLS: 22141911

    $4,000,000

    Price

  • Mar 30, 2022

    Date

    Active

    CRMLS: 22141911

    $3,880,000

    Price

  • Listing provided courtesy of CRMLS

    We are proud to present this perfectly positioned 8-unit West LA value add multifamily investment opportunity. This property will be delivered with 5 units vacant and has been meticulously maintained and operated by the original owner since 1963. The unit mix consists of (4) 2br 2ba and (4) 1br 1ba each with on site parking commanding opportunity for incredible upside your investment. All units are separately metered and there is coin laundry located in the laundry room. Drive by only, please do not disturb the tenants. Please contact the listing agents only for more information.

  • August, 2019

  • Aug 26, 2019

    Date

    Leased

    CRMLS: 219005657

    $2,990

    Price

  • Jul 30, 2019

    Date

    Price Change

    CRMLS: 219005657

    $2,795

    Price

  • May 11, 2019

    Date

    Active

    CRMLS: 219005657

    $2,990

    Price

  • Listing provided courtesy of CRMLS

    GREAT West L.A. neighborhood with Quick and Easy access to 405 Freeway, UCLA, Westwood, Brentwood, VA, LAX, Santa Monica, Beaches, Century City and Beverly Hills. Walk to Shops + Cafes. TWO BEDROOM + TWO BATH Apartment with Living Room that has lovely Tree Top Views and BALCONY. Bright and Sunny Upstairs apartment with NEW CARPET + NEW PAINT with double pane Windows with Blinds. Newer Cabinets in Bathrooms, one has Tub with Shower and one has Shower. LARGE Bedrooms have Mirrored sliding doors on Large Closets. Bedrooms have Ceiling Fans with Lights. Kitchen has newer cabinets, Granite counter tops, New Refrigerator, Gas Stove & Oven, Dishwasher, Disposal, and Microwave. Lease includes Water and trash. Gated Building. Assigned Parking for One Car in covered attached Carport with Storage Cabinet. Laundry Room in building. NON-SMOKING. Current Good Credit Report & FICO Score with Completed Rental Application required. Move in Terms: $2,990 per month for One Year Lease & $2,990 Security Deposit.

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Tax History for 1334 Barry Ave

Assessed Value (2020): $342,079
Year Land Value Improved Value Assessed Value
2020 $134,038 $208,041 $342,079

Home Value Compared to the Market

This property vs the competition

1334 Barry Ave is listed 329.17% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $714.09 per/sqft which puts the price per square foot 7.02% lower than the median price per square foot for the city of Los Angeles.

About 1334 Barry Ave

Detailed summary of property

1334 Barry Ave is a multi family located in Los Angeles, CA 90025 and is currently for sale. This multi family property offers 12 bedrooms, 12 bathrooms, roughly 7,212 living square feet, and sits on an approximately 7,018 square foot lot. 1334 Barry Ave was first listed on ArdentRealEstateGroup.com on August 15, 2024. The homeowner is currently asking $5,150,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 329.17% higher than the median priced home. Local competing homes currently for sale include 10883 Rose Ave, 8926 Sawyer St and 9025 W 3rd St. While the average home in Los Angeles, CA is selling in 106 days, 1334 Barry Ave has a days on market of 34 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1334 Barry Ave Los Angeles, CA 90025 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1334 Barry Ave

Public county record property details
Beds
12
Baths
12
Year built
1962
Sq. Ft.
7,212
Lot Size
7,016
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
4263-014-034

The source for these homes facts are from public records.

90025 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,234,999
Median List Price/Sq.Ft.
$743
Median Sold Price
$1,151,000
Median Sold Price/Sq.Ft.
$714
Total Inventory
120
Median Sale to List Price %
97.96%
Avg Days on Market
23
Loan Type
Conventional (13.79%), FHA (0%), VA (0%), Cash (20.69%), Other (10.34%)

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Related Resources to 1334 Barry Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.