5527 Barton Ave is a well-maintained 6,046 square foot building situated on a 7,000 square foot LAR1.5 zoned lot. The property is made up of four (4) spacious one-bedroom one-bathroom units and three (3) two-bedroom two-bath units! The property is separately metered for gas and electricity. Each unit has their own parking space and access to community laundry. The property has been well maintained, has copper plumbing and the seismic retrofitting has been completed. The property had both a new roof installed in 2024 and a new hot water heater. The property is well located in Hollywood, near Wilton Pl. and Santa Monica Blvd. The location is deemed "A Walker's Paradise" with a score of 90 out of 100, as daily errands can be accomplished by foot. This location provides proximity to local Studios, post production houses, various entertainment related offices and hospitals for nearby employment. Being so close to Larchmont Village there is easy access to the wonderful restaurants and shopping the area is known and loved for. Some nearby popular spots include Osteria La Buca, Ggiata Delicatessen and Great White! Less than half a mile from the new Echelon Studios Complex project of 550,000 SF of new production studio, office, and retail space set to be completed in 2026. 5527 Barton Ave. is a great opportunity for an investor to buy a property with strong rental upside potential. The subject property is in the City of Los Angeles and is subject to Rent Control. One unit will be delivered VACANT!
MLS# | 25487471 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1963 |
Days On Site | 105 |
Listing Provided By | Equity Union 818-989-2000 | Nicole Apostolos |
Bed(s) | 9 |
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Bath(s) | 9 |
SQ Feet | 6,046 |
Story(s) | 2 |
Units | 7 |
Building(s) | 1 |
Zoning | LARD1.5 |
Acreage | 0.16 |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90038 |
Area | C20 Hollywood |
Listing VS Median (in 90038) | |
Price: $1,700,000 low | high Med: $635,000 SqFt: 6,046 low | high Med: 704 $ / SqFt: $281 low | high Med: $954 On site: 105 low | high Med: 46.000000 |