Hollywood, Paramount Pictures, Between Melrose, Vine and Santa Monica Blvd., desirable and high density 90038 Zip code. Well-maintained 7-unit apartment building, close to 101 Freeway, Kaiser Hospital, Home Depot, and all kind of major stores, 3 Units 2Br/2Baths plus 4 Units 1Br/1Bath, 7 parking and extra room for one more, Storage Boxes. Tenants pay for Power and Gas, low maintenance, no Gardner. Completely fenced and Remotely operated gate. Mandatory Soft Retrofitting Done in 2018, earthquake shut off valves for gas installed, no code enforcements, Only $363 Per SQFT lower than replacement cost. Excellent Cap Rate. Priced under market for fast sale. It is fully occupied with month-to-month leases. Seller's Unit 2Br/2Baths front unit with large balcony will be delivered vacant at close of Escrow, will rent for $3k easily, Owner owned Coin Laundry, The property has a new roof installed in February 2024 and a new gas boiler with circulation, Copper plumbing re piped 10 years ago, street was asphalted in May 2024.Motivated Seller
MLS #
CRGD24098317
MLS Source
California Regional MLS
Days on Site
170
Garage/Parking
Garage: 7 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
5527 Barton Ave is a Residential Income in Los Angeles, CA 90038. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,200,000 and was built in 1963.
This address can also be written as 5527 Barton Ave, Los Angeles, CA 90038.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of October 31, 2024. For the most current information, please contact Manvel Solakian