NOT LISTED FOR SALE

5526 Barton Ave Los Angeles, CA 90038

Hollywood Neighborhood

Estimated Value: $1,475,000 - $3,361,443

14 Beds
8 Baths
5,387 Sq Ft
$472/Sq Ft Est. Value

Last Sold December 22, 2016

Last sale price $2,075,000 $385 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $16,275/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Granite Countertops
  • STEM Academy at Bernstein High Rated A-
  • High Ceiling
  • High Efficiency Air Conditioning

About This Home

As of December 2016

WE PRESENT YOU WITH A NEW CONSTRUCTION GREEN CERTIFIED FOURPLEX. THIS PROPERTY IS IN THE FINAL STAGES OF CONSTRUCTION WITH AN ESTIMATED COMPLETION IN DECEMBER 2016. THE PROPERTY WILL BE DELIVERED VACANT AND IS NOT SUBJECT TO RENT CONTROL.
THIS LARGE FOURPLEX BOASTS 4 UNITS WITH A TOTAL OF 5387 OF LIVABLE SQUARE FEET IN FOUR SINGLE LEVEL LIVING UNITS. THE 2 LARGEST UNITS EACH HAVE 4 BEDROOMS AND 2 BATHS. THE OTHER TWO UNITS EACH HAVE 3 BEDROOM 2 BATHS. EACH UNIT HAS ONE COVERED AND ONE UNCOVERED PARKING SPACE WHICH IS A HOT COMMODITY IN LA NEIGHBORHOODS. ALL FOUR UNITS HAVE SPACIOUS OPEN FLOORPLANS, HIGH QUALITY MATERIALS AND FINISHES, PRIVATE LAUNDRY ROOMS AND STAINLESS STEEL KITCHEN APPLIANCES. EACH UNIT IS SEPARATELY METERED FOR WATER, GAS AND ELECTRICITY. THERE IS A FIFTH WATER AND ELECTRIC METER FOR THE OWNER’S COMMON AREAS, INCLUDING EXTERIOR LIGHTING AND LANDSCAPE IRRIGATION. PLANS INCLUDE INSTALLATION OF ‘LID’ CONTAINERS FOR RAIN RUNOFF CAPTURING, DROUGHT TOLERANT LANDSCAPING AND ENERGY EFFICIENT APPLIANCES AND FIXTURES PRESENTING THE BUYER WITH A GREEN CERTIFIED PROPERTY.

Last Agent to Sell the Property

Seth Hamilton

Citivest Realty Services, Inc License #01897619 Listed on: 12/06/2016

Last Buyer's Agent

Joon Jung

Bee Investment, Inc. License #01292015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,019

Year Built

  • Built in 2016

Lot Details

  • 7,045 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Rectangular Lot

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Property Attached

Interior Spaces

  • 5,387 Sq Ft Home
  • High Ceiling
  • Living Room
  • Wood Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Reclaimed Water Irrigation System
  • Water-Smart Landscaping

Outdoor Features

  • Rain Gutters

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • High Efficiency Heating System

Listing and Financial Details

  • Legal Lot and Block 7 / A
  • Tax Tract Number 8
  • Assessor Parcel Number 5535008007

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $318
  • Insurance Expense $1,885
  • Maintenance Expense $800
  • Other Expense $1,600
  • Professional Management Expense $720
  • Supplies Expense $800
  • Trash Expense $300
  • Water Sewer Expense $300
  • New Taxes Expense $24,978
  • Gross Income $13,500
  • Net Operating Income $122,198

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,019

Year Built

Built in 2016

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 5.80
  • Professional Management Expense: 720.00
  • Property Attached: Yes
  • Supplies Expense: 800.00
  • View: No
  • Water Sewer Expenses: 300.00
  • Zoning: LARD1.5
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 5535008007
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters, High Ceilings
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 385.19
  • Room Type: Kitchen, Laundry, Living Room

Exterior Features

  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, On Site
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Heating Type: Central, High Efficiency
  • Laundry Features: Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Central Air, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Green Features

  • Green Water Conservation: Water-Smart Landscaping, Reclamation
  • Efficiency: HVAC

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot
  • Lot Size Sq Ft: 7045.00

Multi Family

  • Electric Expense: 318.00
  • Gross Income: 13500.00
  • Gross Multiplier: 12.96
  • Gross Scheduled Income: 162000.00
  • Insurance Expense: 1885.00
  • Maintenance Expense: 800.00
  • Net Operating Income: 122198.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 31702.00
  • Other Expense: 1600.00
  • Other Expense Description: TURNOVER
  • Rent Control: No
  • Vacancy Allowance: 5

Tax Info

  • New Taxes Expense: 24978.00
  • Tax Block: A
  • Tax Census Tract: 1917.20
  • Tax Lot: 7
  • Tax Tract Number: MB8-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2022
Sold by
Jung Lee Mi
Bought by
Lee Family 2009 Trust
Current Estimated Value
$2,543,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Outstanding Balance
$399,572
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$2,143,539

Purchase Details

Closed on
Jul 19, 2016
Sold by
Saint Andrews Place Solutions Llc
Bought by
Lee Mi Jung

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jun 19, 2015
Sold by
Boon Priscilla M and The Claudia Mendoza Trust
Bought by
Saint Andrews Place Solutions Llc
Seller's Agent
Jamie Schneider
No Firm Affiliation
Buyer's Agent
Seth Hamilton
Citivest Realty Services, Inc
List Price
$669,888
Sold Price
$575,000
Premium/Discount to List
-$94,888
-14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.96%
Original Mortgage
$560,000
Interest Rate
3.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 13, 1998
Sold by
Mendoza Claudia
Bought by
Mendoza Claudia and Claudia Mendoza Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lee Family 2009 Trust -- Provident Title
Lee Mi Jung $2,075,000 First American Title Company
Saint Andrews Place Solutions Llc $561,500 Lawyers Title
Mendoza Claudia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Mi Jung $430,000
Previous Owner Saint Andrews Place Solutions Llc $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2016 12/22/16 Sold $2,075,000 -1.1% $385 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
12/06/2016 12/06/16 For Sale $2,099,000 +265.0% $390 / Sq Ft
07/31/2015 07/31/15 Sold $575,000 -14.2% $430 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $669,888 -- $501 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $29,019 $2,408,208 $1,444,925 $963,283
2024 $29,019 $2,360,990 $1,416,594 $944,396
2023 $28,461 $2,314,697 $1,388,818 $925,879
2022 $27,143 $2,269,312 $1,361,587 $907,725
2021 $26,796 $2,224,817 $1,334,890 $889,927
2019 $25,995 $2,158,830 $1,295,298 $863,532
2018 $25,855 $2,116,500 $1,269,900 $846,600
2016 $6,943 $561,500 $449,200 $112,300
2015 $1,678 $130,911 $83,608 $47,303
2014 $1,694 $128,348 $81,971 $46,377
Source: Public Records

Agents Affiliated with this Home

  • Seth Hamilton

    Seller's Agent in 2016

    Seth Hamilton

    Citivest Realty Services, Inc

    (714) 397-6077

    2 in this area

    27 Total Sales

    Section Image
  • Joon Jung

    Buyer's Agent in 2016

    Joon Jung

    Bee Investment, Inc.

    (213) 380-9996

    15 Total Sales

    Section Image

  • J

    Seller's Agent in 2015

    Jamie Schneider

    No Firm Affiliation

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16759555

California Regional Multiple Listing Service (CRMLS)

APN: 5535-008-007

California Los Angeles County Los Angeles 90038 Hollywood

5526 Barton Ave, Los Angeles, CA

This home is located at 5526 Barton Ave, Los Angeles, CA 90038 since 06 December 2016 and is currently estimated at $2,543,111, approximately $472 per square foot. This property was built in 2016. 5526 Barton Ave is a home located in Los Angeles County with nearby schools including Joseph Le Conte Middle School, STEM Academy at Bernstein High, and Helen Bernstein High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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