This exceptional fourplex in West LA's Sawtelle neighborhood offers four 4-bedroom, 4.5-bathroom tri-level townhomes, each boasting a massive rooftop deck with stunning city views. Built in 2024, this Class A property features 7,886 square feet on a 5,942 square foot lot, with 8 garage spaces – a rare find. Currently 100% leased, generating a substantial $285,439 NOI and a 5.39% cap rate, this stabilized investment boasts a $5,295,000 asking price ($671.44/sq ft and $1,323,750/unit). High-end finishes include marble islands, stainless steel appliances, modern cabinets, high ceilings, and large closets. Separate meters for gas, water, and electric minimize expenses. The property benefits from a prime location, walking distance to Sawtelle Boulevard's shops and restaurants, and minutes from Westwood, Brentwood, and UCLA, ensuring high tenant demand. A one-year builder's warranty provides additional peace of mind. This turnkey property presents a compelling opportunity for investors, particularly those seeking a 1031 exchange. The property is zoned LARD1.5.
Highlights
Fully leased, generating $30,994/month in total rent.
Four units, each with a large rooftop deck.
Sawtelle Japantown location, near shops, restaurants, and UCLA. High-demand tenant area.
Architecturally striking exterior; exceptional curb appeal for a new fourplex.
High-end finishes and superior construction quality.
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Contacts
Elizabeth Maddox
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1815 Barry Ave, Los Angeles, California, 90025
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1815 Barry Ave
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