Los Angeles, CA

$4,625,000

1427 Barry Avenue, Los Angeles, CA

Beds

Baths

7,880

Sq Ft

1968

Built

136

Days listed

About this home

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.

Facts & features

Interior

Bedrooms: 29
Bathrooms: 0 full, 0 half
Living area: 7,880 sq ft
Heating: None
Cooling: None
Levels: Two

Exterior & lot

Lot size: 0.161 acres (6,999 sq ft)
Year built: 1968
Parking: Carport
Parking spaces: 9

Community

Area: WLA - West Los Angeles
County: Los Angeles

Listing details

Status: Active
Property type: Residential Income
Days on market: 136
Listed: 2026-02-24
Parcel #: 4263020020
MLS #: 26656311

Listed by

Neema Ahadian · Marcus & Millichap

310-909-5444 neema@marcusmillichap.comDRE #01346750

Location

Price history

Listed: $4,625,000 · 2026-02-24
Days on market: 136
Current price: $4,625,000

Financing

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Estimated monthly payment

$29,014

$23,387 principal & interest · $5,627 taxes & insurance

Down payment (20%)

$925,000

Est. rate (%)

Estimate only

Term (years)

Loan $3,700,000

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Listing data provided by CRMLS

Listing courtesy of Marcus & Millichap. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.