5918 Barton Avenue

    Los Angeles (City), CA 90038
    • $2,095,000
    • STATUS: Active
    • ON SITE: 120 days
    • ID#: SR20023863
    UPDATED: 26 min ago
    $2,095,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,964
      SQFT
    • $529
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Barton Apartments is a charming, Spanish Revival garden apartment complex located in Hollywood, one of the most exciting and dynamic neighborhoods in Los Angeles. The property consists of eight units, each with its own entrance, and five individual, fully enclosed garages. Three of the eight units have been fully remodeled with stainless steel gas ranges and quartz countertops. The units feature hardwood floors and air conditioning. Built in 1924, the 3,964-square-foot property sits on a 6,497-square-foot lot. The property features a premier location in walking distance of numerous amenities and employment centers.* Significant Rental Upside* Three Units Fully Renovated* High Density and Growing Rental Sub-market* Charming, Spanish Revival Architecture

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-03T20:30:01.257. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.

    www.socalrealtyexpert.com/homes/102865027

    5918 Barton Avenue Los Angeles (City), CA 90038

    • Price: $2,095,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: SR20023863
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,964
    SQFT
    $529
    $/SQFT
    1924
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    Barton Apartments is a charming, Spanish Revival garden apartment complex located in Hollywood, one of the most exciting and dynamic neighborhoods in Los Angeles. The property consists of eight units, each with its own entrance, and five individual, fully enclosed garages. Three of the eight units have been fully remodeled with stainless steel gas ranges and quartz countertops. The units feature hardwood floors and air conditioning. Built in 1924, the 3,964-square-foot property sits on a 6,497-square-foot lot. The property features a premier location in walking distance of numerous amenities and employment centers.* Significant Rental Upside* Three Units Fully Renovated* High Density and Growing Rental Sub-market* Charming, Spanish Revival Architecture
    Exterior Features

    Garage Spaces 5.00 Lot Features Level With StreetLevel Lot Size Source Assessor Lot Size Units Square Feet Parking Total 5.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Common Area Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.00 Community Features SidewalksStreet LightsUrban Country Us Electric Expense 475.00 Elevation Units Feet Fuel Expense 200.00 Gardener Expense 1800.00 Gross Income 128783.00 Gross Multiplier 16.27 Gross Scheduled Income 128783.00 Insurance Expense 2270.00 Land Lease YN No Laundry YN Yes Licenses Expense 543.00 Maintenance Expense 8000.00 Net Operating Income 83822.00 New Construction YN No New Taxes Expense 25140.00 Number Of Separate Electric Meters 9 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 9 Number Of Units Leased 8 Operating Expense 41098.00 Other Expense 800.00 Other Expense Description Misc. Pest Control Expense 480.00 Pool Expense 0.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 990.00 Tenant Pays ElectricitySewerTrash CollectionWater Total Actual Rent 10359.00 Total Expenses 41098.00 Trash Expense 400.00 Vacancy Allowance 3864 Water Sewer Expense 100.00 Water Source Public Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Warren Berzack of Lee & Associates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-03T20:30:01.257. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.

     
    Robin McCann | EXIT Alliance Realty
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