Los Angeles, CA 90025 1734 Barry Avenue

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Presented By: Mark Ventre with Lyon Stahl Investment Real Estate, Inc.;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25541591
  • 05/20/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • SQFT • 5,350

Home Details

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.
Presented By: Mark Ventre with Lyon Stahl Investment Real Estate, Inc.;

Interior Features for 1734 Barry Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2

General for 1734 Barry Avenue

Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.38
Carport Y/NNo
CityLos Angeles
Construction MaterialsStucco
CountyLos Angeles
DirectionsLess than 3 blocks south of Santa Monica Blvd just south of Iowa Ave
ElectricStandard
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet6861.0
Lot Size UnitsSquareFeet
MLS AreaWLA - West Los Angeles
MobileHomeRemainsYNNo
Net Operating Income134419.0
New ConstructionNo
Number Of Units Total8
Possible UseMultiFamily
Property Attached Y/NNo
Property TypeCommercialSale
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Year Built1961
ZoningLAR3

Exterior for 1734 Barry Avenue

Building Area Total5350.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions49x140
Lot Size Acres0.1575
Lot Size Area6861.0
Number of Buildings1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking5.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,500,000
MLS#25541591
List Date 05/20/2025
Property Type Commercial
Phone 714.742.6515
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