5500 Barton Avenue

Los Angeles, CA 90038

$1,895,000
Price
6
Beds
5
Baths
2,816 Sq. Ft.
$673 / Sq. Ft.
2,816
Sq. Ft.
$673
per Sq. Ft.

Description

Located in a prime Hollywood pocket, the Barton apartments are surrounded by various shops, restaurants and cafes. The Barton apartments consist of 5 units in total, along with plans (submitted and pending city approval) for 1 ADU. Four of the five units are fully upgraded units, and all five units are currently occupied. The unit breakdown includes four 1 bedroom 1 bathroom units and one 2 bedroom 1 bathroom unit. The unit upgrades include timeless design features, that would appeal to future tenants...Located in a prime Hollywood pocket, the Barton apartments are surrounded by various shops, restaurants and cafes. The Barton apartments consist of 5 units in total, along with plans (submitted and pending city approval) for 1 ADU. Four of the five units are fully upgraded units, and all five units are currently occupied. The unit breakdown includes four 1 bedroom 1 bathroom units and one 2 bedroom 1 bathroom unit. The unit upgrades include timeless design features, that would appeal to future tenants to come. There are three enclosed garages and five additional open spaces for tenant parking. The property's charming Spanish style accents give a ton of character to the building. Just minutes away from Los Feliz, Larchmont Village, Santa Monica Boulevard and much more, the Barton apartments are a unique find in today's market!
  1. Listed by Jack Baboudjian • DRE #01372116 • Brokerage DRE #01841020 • Baboudjian Properties Inc. • 626-657-7575

Property Details for 5500 Barton Avenue

Parking Spaces Total
8
Private Pool
No
Total Units
5.0
Lot Size Source
Assessor
Property Attached YN
false
Common Walls
No Common Walls
New Construction
No
Average Studio Area Units
Square Feet

Location

Listing Courtesy of Baboudjian Properties Inc., Jack Baboudjian, DRE #01372116
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LISTING UPDATED: 03/18/2024 03:17 PM

Property Details for 5500 Barton Avenue

StatusActive
MLS #GD23207020
Days on Market174
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.20 AC / 8,600 SF
CountyLos Angeles County

Location

Listing Courtesy of Baboudjian Properties Inc., Jack Baboudjian, DRE #01372116
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Virtual Tour

Building Information for 5500 Barton Avenue

Stories2Residences-Year Built1921Building Size-Lot Size0.20 AC / 8,600 SF

Payment Calculator

$11,923 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,342

Property Taxes

$1,581

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5500 Barton Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $127,640
  • Gross Scheduled Income: $129,045
  • Gross Operating Income: $127,640
  • Net Operating Income: $96,134
  • Gross Multiplier: 14.68
  • Cap Rate: 5.07
Expense Details
  • Operating Expense: $32,911
  • New Taxes Expense: $22,740
  • Gardener Expense: $960
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $4,596
  • Maintenance Expense: $3,200
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $1,415
  • Total Expenses: $32,911
Tax / Assessment Info
  • Tax Block: A
  • Tax Tract Number: 000...
  • Tax Census Tract: 1917.20
  • CFD/Mello-Roos Fee: $971
  • Tax Lot: 12
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Land Lease: No
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Uncovered Spaces: 5
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,932
  • Unit Type Total Rent: $2,932
  • Unit Type Pro Forma: 2995
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,871
  • Unit Type Total Rent: $1,871
  • Unit Type Pro Forma: 2095
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,896
  • Unit Type Total Rent: $1,896
  • Unit Type Pro Forma: 2095
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,183
  • Unit Type Total Rent: $2,183
  • Unit Type Pro Forma: 2095
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,871
  • Unit Type Total Rent: $1,871
  • Unit Type Pro Forma: 2095
  • Unit Type Type: 5
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 5500 Barton Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5500 Barton Avenue

Taxable ValueLand$1,179,420Additions$321,660Total$1,501,080
Tax Record2023$18,977 ($1,581 / month)
Home Facts
Total Finished SqFt2,816 SqFtAbove Grade Finished SqFt2,816 SqFtLot Size8,600 SqFtStyleMulti-Family Res (5+ Units)Year Built1921ZoningLARD1.5CountyLOS ANGELESAPN5535-008-012

Schools near 5500 Barton Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Joseph Le Conte Middle School
Public6 to 8

STEM Academy at Bernstein High
Public9 to 12

Helen Bernstein High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5500 Barton Avenue is a multi-family home for sale in Los Angeles, CA 90038. This property was listed for sale on November 7, 2023 by Baboudjian Properties Inc., it's currently listed at $1,895,000. It has been on the market for a total of 174 days and was last sold on August 9, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Santa Monica Boulevard Community Charter School, Joseph Le Conte Middle School and STEM Academy at Bernstein High. 5500 Barton Avenue is a 6-bed, 5-bath, 2,816 sqft multi-family home built in 1921.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baboudjian Properties Inc., Jack Baboudjian, DRE #01372116

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.