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5500 BARTON Avenue, Los Angeles, CA 90038

Property · 2 recorded sales since 2012

5500 BARTON Avenue, Los Angeles, CA 90038 Sold September 2018 CRMLS
$1,502,500Sold September 2018

Listing Agent: David Kaufman (DRE #01217537) · Listing Office: David Ballin Kaufman · Contact: 310-877-8600 · Bought with: Tia Jones · Keller Williams-Santa Monica · MLS #18340746 · Source: CRMLS

8,599 sqft
Lot Size
1921
Year Built
Property
Type
SeeRemarks
Cooling

About this property

This extremely well located and charming Spanish style fourplex plus small house has been partially remodeled and sits on a large 8,599 square foot lot. The property is just west of Western between Santa Monica Boulevard and Melrose in the east part of Hollywood within walking distance to all the new trendy restaurants on Santa Monica Boulevard, like The Burgerarian, Baroo and Tlayuda L.A. The main building has four one-bedroom units, with one being delivered vacant. The 2+1 house in the rear of the property has been substantially remodeled and features hardwood flooring, stainless steel appliances, washer/dryer, new flooring, tile and other upgrades. There are three enclosed garages plus at least five spaces for open parking for tenants. The utilities are separately metered for both gas and electric. This is a tremendous opportunity to purchase a well maintained, cute bungalow-style complex in a location that continues to improve at a good in-going CAP rate.

Listing description from the September 2018 sale, as reported to CRMLS.

Sale history

$1,502,500
Sold September 2018 · listed $1,600,000, on market May 2018 · MLS #18340746 · Source: CRMLS
Listing Agent: David Kaufman · Listing Office: David Ballin Kaufman · Contact: 310-877-8600 · Bought with: Tia Jones · Keller Williams-Santa Monica
$559,850
Sold July 2012 · orig. $559,900, on market April 2012 · MLS #P819851 · Source: CRMLS
Listing Agent: Sebastian Stofenmacher · Listing Office: Edgestone Real Estate, Inc. · Contact: 213-245-7928 · Bought with: Connie Kim · Coldwell Banker Wilshire
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