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5500 Barton Avenue

Los Angeles, CA 90038
  • $2,199,999
  • STATUS: ACTIVE
  • ON SITE: 30 Days
  • ID#: 320009167
UPDATED: 39 min ago
$2,199,999
  • 5
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

The Barton Apartments consist of 5 units in total, along with plans (already submitted and pending city approval) for 1 ADU. Four of the five units are fully upgraded units, and there is one unit that is vacant, allowing a buyer to rent at market rate. The property is conveniently located in a prime pocket of Hollywood and is surrounded with various shops, eateries, and restaurants. The front structure consists of four 1 bedroom 1 bathroom units, and back structure consists of one 2 bedroom 1 bathroom house. The total square footage for the property is 2,816.Low property expenses and easy management makes the Barton Apartments a desirable investment for both an experienced investor or first-time buyer, in a neighborhood that's constantly gentrifying. The Barton Apartments consist of 5 units in total, along with plans (already submitted and pending city approval) for 1 ADU. Four of the five units are fully upgraded units, and there is one unit that is vacant, allowing a buyer to rent at market rate. The property is conveniently located in a prime pocket of Hollywood and is surrounded with various shops, eateries, and restaurants. The front structure consists of four 1 bedroom 1 bathroom units, and back structure consists of one 2 bedroom 1 bathroom house. The total square footage for the property is 2,816.Low property expenses and easy management makes the Barton Apartments a desirable investment for both an experienced investor or first-time buyer, in a neighborhood that's constantly gentrifying.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
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5500 Barton Avenue Los Angeles, CA 90038

  • Price: $2,199,999
  • Status: ACTIVE
  • On Site: 30 Days
  • Updated: 39 min ago
  • ID#: 320009167
5
Beds
0
Baths
0
½ Baths
0.2
Acres
Neighborhood:
Los Angeles (90038)
County:
Los Angeles
Area:
Los Angeles (90038)
Property Description
The Barton Apartments consist of 5 units in total, along with plans (already submitted and pending city approval) for 1 ADU. Four of the five units are fully upgraded units, and there is one unit that is vacant, allowing a buyer to rent at market rate. The property is conveniently located in a prime pocket of Hollywood and is surrounded with various shops, eateries, and restaurants. The front structure consists of four 1 bedroom 1 bathroom units, and back structure consists of one 2 bedroom 1 bathroom house. The total square footage for the property is 2,816.Low property expenses and easy management makes the Barton Apartments a desirable investment for both an experienced investor or first-time buyer, in a neighborhood that's constantly gentrifying. The Barton Apartments consist of 5 units in total, along with plans (already submitted and pending city approval) for 1 ADU. Four of the five units are fully upgraded units, and there is one unit that is vacant, allowing a buyer to rent at market rate. The property is conveniently located in a prime pocket of Hollywood and is surrounded with various shops, eateries, and restaurants. The front structure consists of four 1 bedroom 1 bathroom units, and back structure consists of one 2 bedroom 1 bathroom house. The total square footage for the property is 2,816.Low property expenses and easy management makes the Barton Apartments a desirable investment for both an experienced investor or first-time buyer, in a neighborhood that's constantly gentrifying.
Exterior Features

Units With Patios 0

Interior Features

Stories 2 Story Total Baths Unit1 0 Total Baths Unit2 0 Total Baths Unit3 0 Total Baths Unit4 0 Units With Cooling 0 Units With Range Oven 0 Units With Refrigerators 0 Units With Washers 0

Property Features

Actual Cap Rate 4.0 Annual Expense Actual 0 Assessments N/K Buildings 2 Gross Rent Multiplier Actual 17.89 Gross Scheduled Income Actual 122982 Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 0.0 Unit2 Rent Actual 0.0 Unit3 Rent Actual 0.0 Unit4 Rent Actual 0.0

San Diego MLS logo Listing provided courtesy of Baboudjian Properties Inc.. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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Yarbrough Group
2445 Truxtun Rd., Ste 108
San Diego CA, 92106