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$ 4,625,000
Est. payment | /mo
7,044 SqFt
$ 4,625,000
Est. payment | /mo
7,044 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,044 sqft
Price per Sqft $656
MLS Listing ID CL26656275
HOA Y/N No
Year Built 1961
Lot Size 6,997 Sqft
Acres 0.16
Property Sub-Type Other
Property Description
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 a
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating None
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 4263020022

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Listed by Neema Ahadian • Marcus & Millichap
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AnnMarie Barajas
Partner | Lic# DRE# 01898810






