We are pleased to present the REO sale of 1427 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.
| MLS # | 26656311 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1968 |
| Days On Site | 184 |
| Listing Provided By | Marcus & Millichap | Neema Ahadian |
| Bed(s) | 29 |
|---|---|
| Bath(s) | 29 |
| SQ Feet | 7,880 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 9 |
| Building(s) | 1 |
| Zoning | LAR3 |
| Acreage | 0.16 |
| Cooling | None |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | No |
| Parking Features | Carport |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90025 |
| Area | WLA West Los Angeles |
| Listing VS Median (in 90025) | |
Price: $4,625,000 low | high Med: $3,499,975 sqft: 7,880 low | high Med: 5,003 $ / sqft: $587 low | high Med: $772 On site: 184 low | high Med: 103 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90025 |
| Area | WLA West Los Angeles |
| Listing VS Median (in 90025) | |
Price: $4,625,000 low | high Med: $3,499,975 sqft: 7,880 low | high Med: 5,003 $ / sqft: $587 low | high Med: $772 On site: 184 low | high Med: 103 | |
![]() | $4,625,0001421 Barry AvenueLos Angeles, CA 90025 |