THE OPPORTUNITY: 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.
Property Details
Price:
$2,500,000
MLS #:
25541591
Status:
Active
Baths:
0
Address:
1734 Barry Avenue
Type:
Commercial
Neighborhood:
wlawestlosangeles
City:
Los Angeles
Listed Date:
May 20, 2025
State:
CA
ZIP:
90025
Year Built:
1961
Schools
Interior
Heating
Wall Furnace
Exterior
Electric
Standard
Parking Spots
5.00
Roof
Composition
Stories Total
2
Financial
Map
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1734 Barry Avenue
Los Angeles, CA
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