5506 Barton Ave, Los Angeles, CA 90038
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5506 Barton Ave Los Angeles, CA 90038

$1,075,000 Sold Price as of 03/17/2023
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$1,075,000 Sold Price as of 03/17/2023 Refinance Your Mortgage

Map preview of 5506 Barton Ave, Los Angeles, CA 90038

Property Overview: 5506 Barton Ave Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 7,040 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Vacant lot zoned RD1.5 - potential to build 4 units in the heart of Hollywood. Subject is approximately 50'x140.5' = 7,040 sq ft per tax assessor rolls. Listed at incredible $169.75 per sq ft/land - Excellent opportunity for savvy builder. Plans and permits available. High demand Hollywood location - central to Paramount and Raleigh studios, Hollywood CBD, Melrose Ave, Koreatown, 101 freeway, downtown LA - Great location. Lots of new developments in this coveted area.

Listed by Gary Tani | BRE #00790615 | Coldwell Banker Spectrum
Last checked: 9 minutes ago | Last updated: March 17th, 2023 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
7,040
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
23236339
City
Los Angeles
County
Los Angeles
Time on Site
517 days

Property Details for 5506 Barton Ave

Lot Details / Garage and Parking
Lot Information
  • Lot Features: Rectangular Lot
Property Information
  • No View
  • View: None
  • Parcel Number: 5535008011
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Melrose Ave and E of Wilton Pl
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Sale History for 5506 Barton Ave

Last sold for $1,075,000 on March 17th, 2023
  • March, 2023

  • Mar 17, 2023

    Date

    Sold

    CRMLS: 23236339

    $1,075,000

    Price

  • Jan 26, 2023

    Date

    Active

    CRMLS: 23236339

    $1,195,000

    Price

  • September, 2021

  • Sep 4, 2021

    Date

    Pending

    CRMLS: 21777638

    $1,200,000

    Price

  • Aug 27, 2021

    Date

    Active

    CRMLS: 21777638

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Attention ALL Builders and Investors - Rare opportunity for development on large 7,040 (50'x140.5') sq ft lot, RD1.5. Highly coveted Hollywood location on tree lined residential street - ZIMAS report shows located in State Enterprise Zone and Opportunity Zone, TOC Tier 3. Subject is two units per property tax rolls with 3 bed front house (5506) and additional rear 1 +1 (5506 1/2) unit built over the 2 car detached garage. Units are individually metered for electricity, gas and water. Property can be delivered vacant to new owner. Located in close proximity to Larchmont Village, Paramount Studios, 101 freeway ramps, Melrose Ave, downtown LA and new developments. Hollywood is Happening! Subject property is being sold in its present AS IS/WHERE IS condition.

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Tax History for 5506 Barton Ave

Assessed Value (2020): $86,554
Year Land Value Improved Value Assessed Value
2020 $48,168 $38,386 $86,554

Home Value Compared to the Market

This property vs the competition

5506 Barton Ave sold on March 17, 2023 for 5.75% higher than the current median sold price for the city of Los Angeles which is $1,130,000.

About 5506 Barton Ave

Detailed summary of property

5506 Barton Ave is a land that recently sold in Los Angeles, CA 90038. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 7,040 square foot lot. 5506 Barton Ave was first listed on ArdentRealEstateGroup.com on January 27, 2023. The homeowner sold the property for $1,075,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 5.75% higher than the current median priced home. Local homes that are currently for sale include 4215 N Huntington Dr, 14730 Mulholland Dr and 2130 Roscomare Rd. While the average home in Los Angeles, CA is selling in 98 days, 5506 Barton Ave has a days on market of 13 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 5506 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 5506 Barton Ave

Public county record property details
Beds
3
Baths
3
Year built
1916
Sq. Ft.
1,740
Lot Size
7,040
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
5535-008-011

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.
$672
Median Sold Price
$1,100,000
Median Sold Price/Sq.Ft.
$720
Total Inventory
44
Median Sale to List Price %
110%
Avg Days on Market
88
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (25%), Other (25%)

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Related Resources to 5506 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.