1421 Barry Avenue, Los Angeles, CA 90025

$4,625,000 Approx. USD 27 beds, 27 baths
7,044 sqft

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Brochure

Photo of Jimmy Rashid

Marketed By Jimmy Rashid REALTOR® - Sales Associate 424-209-9129 m
818-223-9100 o
Lic#: 02130355
NRDS ID: 175534418
Jimmy@JimmyRashid.com Calabasas Office
23925 Park Sorrento
Calabasas, CA 91302
Phone: 818-223-9100
Fax: 818-876-3100

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Agent Remarks

We are pleased to present the REO sale of 1421 Barry Avenue, a turnkey student housing investment opportunity located in prime West Los Angeles between Wilshire Boulevard and Santa Monica Boulevard. Originally traditional multifamily, the property was converted in 2022 to fully furnished co-living suites and extensively renovated with modern finishes and amenities. Renovations include en-suite bathrooms, European-style cabinetry, vinyl plank flooring, stainless steel appliances, private refrigerators and freezers, Samsung Smart TVs, recessed lighting, individual HVAC controls, smart locks, shared in-unit washers and dryers, and private balconies in select units. All suites are delivered fully furnished. The asset includes 9 parking spaces that are currently underutilized, offering additional income upside. Ideally positioned less than three miles from UCLA and within minutes of major employment hubs including Brentwood, Century City, Beverly Hills, Santa Monica, and Culver City. The property is also within a mile of the West Los Angeles VA Medical Center. The location is approximately one mile from the Metro E (Expo) Line, with convenient access to multiple bus lines along Barrington Avenue and Santa Monica Boulevard. Major retail amenities and dining options are along Wilshire and Santa Monica Boulevards.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26656275

Price: $4,625,000

Beds: 27

Baths: 27

Built in 1961

7,044 sqft

2 stories

0.16 acres

Lot size: 0.1606