$2,200,000
- Beds
- Unknown
- sq ft
- 6,046
5527 Barton Ave, Los Angeles, CA 90038
5527 Barton Ave
Los Angeles, CA 90038
- 115 days on market
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.
Details
Property type
Mixed Use
Lot size
7,002 sq ft
Price per sq ft
$364
Year built
1963
Price History
05/29/2024
CRMLS #GD24098317
Listed
$2,200,000
Schools & Community
Neighborhood:
Hollywood
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Sidewalks
Community features:
Sidewalks
Status: Active
Tomo last checked: 09/20/2024 at 9:35 PM
Listing updated: 08/13/2024 at 12:36 PM
Listed by: Manvel Solakian, Keller Williams R. E. Services Phone #: (818) 432-3200
MLS: CRMLS #GD24098317
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