$1,895,000
For Sale

5500 Barton Avenue

Los Angeles, CA 90038
0.20 acres | #GD24140171
Listing OfficeBaboudjian Properties Inc.
Browse 14 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

The Barton Apartments consist of 5 units in total, along with recently approved plans for 1 additional ADU! The additional ADU would be a 2 bedroom unit! Four of the five units now are fully upgraded units. One of the five has cosmetic upgrades. Upon completing the ADU, buyer would be able to receive an additional $3,200/month projected income. The property is conveniently located in a prime pocket of Hollywood and is surrounded with various shops, eateries, and restaurants. The centralized location makes the property minutes from many of LA's most visited neighborhoods like Larchmont Village, Miracle Mile, Hollywood Walk of Fame, and much much more. 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 (not counting the additional ADU when constructed) 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 growing and flourishing.

  • Property Details
      • Lot DescriptionTwoToFiveUnitsAcre
      • Stories2
    • Measurements
      • Acres0.1975
    • Parking
      • Parking Spaces3
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1921
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,895,000
  • Other
      • MLS #GD24140171

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

$
%
20.0%

Interest Rate

%
5.0%

Tax Rate

%
1.3%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00