Skip To Content

6027 Barton Ave

Los Angeles, CA 90038
  • $2,100,000
  • STATUS: Active
  • ON SITE: 55 Days
  • MLS #: 21-109309
UPDATED: 59 min ago
$2,100,000
  • 8
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,333
    SQFT
  • $332
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Ratings & Info

Description

I am pleased to offer the opportunity to acquire 6027 Barton Avenue, an eight-unit apartment community located in prime Hollywood. As one of Los Angeles' densely populated neighborhoods, this submarket's popularity has grown significantly over the recent years, with a vibrant and lively nightlife scene and trendy retail and coffee shops in the immediate area. With new ground-up development in the gentrifying area, Hollywood has been catering to young professionals, and hipsters alike in recent years. Barton Avenue is considered a "Walker's Paradise" with a 95 Walk Score and is situated a short distance from highly desirable dining and entertaining options.Consisting of all one-bedroom units on a 6,500 square foot parcel, 6027 Barton Avenue has been well-maintained by current ownership. Current tenants are paying an average of $1,188, which is well below the market rents in the immediate area. An investor will have the opportunity to capture over 68% in rental upside through interior unit renovations.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-27T12:43:13.86. 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.
www.markwiseproperties.com/homes/123694099
Print Image

6027 Barton Ave Los Angeles, CA 90038

  • Price: $2,100,000
  • Status: Active
  • On Site: 55 Days
  • Updated: 59 min ago
  • MLS #: 21-109309
8
Beds
0
Baths
0
½ Baths
0.15
Acres
6,333
SQFT
$332
$/SQFT
1930
Built
Neighborhood:
Hollywood
County:
Los Angeles
Area:
Hollywood
Property Description
I am pleased to offer the opportunity to acquire 6027 Barton Avenue, an eight-unit apartment community located in prime Hollywood. As one of Los Angeles' densely populated neighborhoods, this submarket's popularity has grown significantly over the recent years, with a vibrant and lively nightlife scene and trendy retail and coffee shops in the immediate area. With new ground-up development in the gentrifying area, Hollywood has been catering to young professionals, and hipsters alike in recent years. Barton Avenue is considered a "Walker's Paradise" with a 95 Walk Score and is situated a short distance from highly desirable dining and entertaining options.Consisting of all one-bedroom units on a 6,500 square foot parcel, 6027 Barton Avenue has been well-maintained by current ownership. Current tenants are paying an average of $1,188, which is well below the market rents in the immediate area. An investor will have the opportunity to capture over 68% in rental upside through interior unit renovations.
Exterior Features

Lot Size Area 6500 Other Structures None Parking Garage Uncovered Total Parking 5

Interior Features

Baths Total 8.00 Cooling Other Equipment Other Heating Other

Property Features

Assessed Total Value 2040000 Gross Income 114083 Gross Operating Income 110660 Like Units1 8 Net Operating Income 56623.00 Number Of Buildings 1 Number Of Units 8 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Total Annual Expense 54037 Type Of Units Residential Year Built Source Assessor Zoning Lar3

Listing provided courtesy of Sean Rosenzweig DRE#01406343 of Marcus & Millichap.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-27T12:43:13.86. 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.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-109309-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-109309-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-109309-2.jpg
Logo
Mark Wise | Bennion Deville Homes
71691 Highway 111
Rancho Mirage CA, 92270