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5527 Barton Avenue

Los Angeles, CA 90038

$2,200,000 Price
Est. Payment: $ 0/mo
10
Bed
0
Bath
6,046 Sq. Ft.
$364 / Sq. Ft.

5527 Barton Avenue

Los Angeles, CA 90038

$2,200,000 Price
$0/mo
10
Bed
0
Bath
6,046
Sq. Ft.
Hollywood, Paramount Pictures, Between Melrose, Vine and Santa Monica Blvd., desirable and high density 90038 Zip code. Well-maintained 7-unit apartment building, close to 101 Freeway, Kaiser Hospital, Home Depot, and all kind of major stores, 3 Units 2Br/2Baths plus 4 Units 1Br/1Bath, 7 parking and extra room for one more, Storage Boxes. Tenants pay for Power and Gas, low maintenance, no Gardner. Completely fenced and Remotely operated gate. Mandatory Soft Retrofitting Done in 2018, earthquake shut off valves for gas installed, no code enforcements, Only $363 Per SQFT lower than replacement cost. Excellent Cap Rate. Priced under market for fast sale. It is fully occupied with month-to-month leases. Seller's Unit 2Br/2Baths front unit with large balcony will be delivered vacant at close of Escrow, will rent for $3k easily, Owner owned Coin Laundry, The property has a new roof installed in February 2024 and a new gas boiler with circulation, Copper plumbing re piped 10 years ago, street was asphalted in May 2024.Motivated Seller
PROPERTY INFORMATION
MLS # GD24098317 Lot Size 7,002 Sq. Ft.
HOA Fees $0/Monthly Property Type Apartment
Price $ 2,200,000
Price Per SqFt: $ 364
DOM 374 Days
Address 5527 Barton Avenue Type Residential Income
City Los Angeles Sq.Ft. 6,046 Sq. Ft.
Postal Code 90038 Garage 7
County Los Angeles Year Built 1963
Bed / Bath 10 / 0 Parking 7
Built In 1963 Status Active
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Common Area
EntryLocation 1
Entry Level 1
EXTERIOR FEATURES
Has Pool No
Pool None
WALKSCORE
  Walk Score: 90 (Walker's Paradise)
  Transit Score: 58 (Good Transit)
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $2,347
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
05/29/2024 Listed $2,200,000
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Listing provided courtesy of Manvel Solakian, Keller Williams R. E. Services. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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