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5500 Barton Avenue

Los Angeles (City), CA 90038
  • $2,199,999
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: 320009167
UPDATED: 78 min ago
$2,199,999
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1921
County:

School Ratings & Info

Listing Agent(s): Hagop Baboudjian of Baboudjian Properties Inc. (818-244-5151)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T21:30:18.813. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128068565
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5500 Barton Avenue Los Angeles (City), CA 90038

  • Price: $2,199,999
  • Status: Active
  • On Site: 28 Days
  • Updated: 78 min ago
  • ID#: 320009167
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1921
Built
Neighborhood:
Not Applicable-105
County:
Los Angeles
Area:
C20 - Hollywood
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.
Exterior Features

Carport Spaces 0 Number Of Separate Electric Meters 6 Parking Total 0 Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall Flooring TileWood Heating Wall Furnace Heating YN Yes

Property Features

Cap Rate 4 Fuel Expense 0 Garage YN No Gross Scheduled Income 122982 Insurance Expense 3495 Land Lease Amount 0 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 3000 Net Operating Income 0 New Taxes Expense 26340 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 0 Operating Expense 0 Other Expense 0 Special Listing Conditions Standard Supplies Expense 0 Tax Annual Amount 0 Total Actual Rent 0 Trash Expense 0 Vacancy Allowance 0 Vacancy Allowance Rate 0 Water Sewer Expense 1289 Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T21:30:18.813. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Hagop Baboudjian of Baboudjian Properties Inc. (818-244-5151)