5427 Barton Ave, Los Angeles, CA 90038
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5427 Barton Ave Los Angeles, CA 90038

$3,100,000 Sold Price as of 03/30/2023
  • 14 Beds
  • 14 Baths
  • 6,105 Sq.Ft.
Sold
$3,100,000 Sold Price as of 03/30/2023 Refinance Your Mortgage

Map preview of 5427 Barton Ave, Los Angeles, CA 90038

Property Overview: 5427 Barton Ave Los Angeles, CA has 14 bedrooms, 14 bathrooms, 6,105 living square feet and 6,751 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Sold before processing.

Listed by Elizabeth Maddox | BRE #01921425 | The 2-4 Unit Specialists
Last checked: 1 minute ago | Last updated: March 31st, 2023 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
6,751
HOA Dues
$0/mo
Year built
2023
Garage
8 Car
Property Type:
Fourplex
Status
Sold
MLS#
BB23052734
City
Los Angeles
County
Los Angeles
Time on Site
407 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,250
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.39%
  • Gross Rent Multiplier: 14.27
  • Gross Scheduled Income: $217,200
  • Net Operating Income: $167,139
  • Gross Operating Income: $208,512
  • Vacancy Allowance: $8,688
Annual Expense Breakdown
  • Total Operating Expense: $41,373
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $26,131
  • Trash: $0
  • Insurance: $2,442
  • Maintenance: $1,200
  • Water/Sewer: $0

Property Details for 5427 Barton Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Inside, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator
Interior Features
  • Balcony, Open Floorplan, Recessed Lighting
  • Levels: Three Or More
Exterior Features
Exterior Information
  • Has Fence
  • New Condition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: Landscaped, Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 4
  • Parcel Number: 5535006006
  • Year Built Source: Builder
  • Architectural Style: Modern
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Located on Barton, South of Santa Monica Blvd.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 5427 Barton Ave

Last sold for $3,100,000 on March 30th, 2023
  • March, 2023

  • Mar 30, 2023

    Date

    Active

    CRMLS: BB23052734

    $3,100,000

    Price

  • Mar 30, 2023

    Date

    Sold

    CRMLS: BB23052734

    $3,100,000

    Price

  • April, 2021

  • Apr 15, 2021

    Date

    Sold

    CRMLS: 21700720

    $1,155,000

    Price

  • Mar 13, 2021

    Date

    Active Under Contract

    CRMLS: 21700720

    $859,000

    Price

  • Mar 4, 2021

    Date

    Active

    CRMLS: 21700720

    $859,000

    Price

  • Listing provided courtesy of CRMLS

    Rare opportunity for development for owner user or developer. Huge 6,751 square foot, R-1.5 lot. ZIMAS shows it to be in a State Enterprise Zone as well as Tier3 of TOC, (Transit Opportunity Zone) allowing for possible increased building density. Property is gated and contains a 1,729 sf 3bedroom/3bath home with hardwood floors, huge formal dining room, numerous fruit trees and an oversized two car garage. Property has much deferred maintenance. Situated on a tree-lined street with sidewalks, this property is a short distance from restaurants, shopping and major studios. Incredible potential for investors or developers. Do not disturb occupant. Close to Larchmont Village, Korea town, and Hollywood. This is an opportunity not to be missed.

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Tax History for 5427 Barton Ave

Assessed Value (2020): $560,307
Year Land Value Improved Value Assessed Value
2020 $350,084 $210,223 $560,307

Home Value Compared to the Market

This property vs the competition

5427 Barton Ave sold on March 30, 2023 for 160.5% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $507.78 per/sqft which puts the price per square foot 32.74% lower than the current median sale per square foot for the city of Los Angeles.

About 5427 Barton Ave

Detailed summary of property

5427 Barton Ave is a fourplex that recently sold in Los Angeles, CA 90038. This fourplex offered 14 bedrooms, 14 bathrooms, roughly 6,105 living square feet, and sits on an approximately 6,751 square foot lot. 5427 Barton Ave was first listed on ArdentRealEstateGroup.com on March 31, 2023. The homeowner sold the property for $3,100,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 160.5% higher than the current median priced home. Local homes that are currently for sale include 1425 N Normandie Ave, 1610 Hobart and 542 N Kenmore Ave. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 5427 Barton Ave Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5427 Barton Ave

Public county record property details
Beds
3
Baths
3
Year built
1920
Sq. Ft.
1,729
Lot Size
6,750
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5535-006-006

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$706
Median Sold Price
$715,000
Median Sold Price/Sq.Ft.
$659
Total Inventory
42
Median Sale to List Price %
79.44%
Avg Days on Market
17
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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Related Resources to 5427 Barton Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.