$1,700,000
PENDING $100K PRICE DROP

Estimated payment $11,008/month

Total Views 2,131
9 Beds
9 Baths
6,046 Sq Ft
$281 Price per Sq Ft

About This Home

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!

Listing Agent

Nicole Apostolos

Equity Union License #01464936 Listed on: 02/03/2025

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Interior Spaces

  • 6,046 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Parking

  • 7 Parking Spaces
  • Driveway

Additional Features

  • 7,002 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 7 Units

Listing and Financial Details

  • The owner pays for water, gas
  • Assessor Parcel Number 5535-005-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 6046
  • Lot Acreage: 0.1607
  • Price Per Unit: 242857.00
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 9.00
  • Price Per S Q F T: 281.18

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 7

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 37.04
  • Assessed Improvement Value: 153688
  • Assessed Land Percent: 62.96
  • Assessed Land Value: 261275
  • Total Assessed Value: 414963
  • Assessor Parcel Number: 5535-005-011
  • Lot Size Area: 7002

Rental Info

  • Owner Pays: Water, Gas
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.12
  • Number Of Units: 7
  • Total Annual Expense: 45221
  • Type Of Units: 1+1, 2+2
  • Vacancy Rate: 1 Unit

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Pending -- -- --
03/21/2025 03/21/25 Price Changed $1,700,000 -5.6% $281 / Sq Ft
02/03/2025 02/03/25 For Sale $1,800,000 -- $298 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25-487471

The MLS