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5918 Barton Ave Los Angeles, CA 90038

$1,995,000

8 Beds
8 Baths
3,964 Sq.Ft.

For Sale

$1,995,000 Get Pre-Qualified

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Map preview of 5918 Barton Ave, Los Angeles, CA 90038

Property Overview: 5918 Barton Ave Los Angeles, CA has 8 bedrooms, 8 bathrooms, 3,964 living square feet and 6,497 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Barton Apartments is a charming, Spanish Revival garden apartment complex located in Hollywood, one of the most exciting and dynamic neighborhoods in Los Angeles. The property consists of eight units, each with its own entrance, and five individual, fully enclosed garages. Four of the eight units have been fully remodeled with stainless steel gas ranges and quartz countertops. The units feature hardwood floors and air conditioning. Built in 1924, the 3,964-square-foot property sits on a 6,497-square-foot lot.

Listed by Warren Berzack | BRE #01329015 | Lee & Associates

Last checked: 12 minutes ago | Last updated: March 7th, 2024 | Source CRMLS | DOM: 40

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Home details

Lot Sq. Ft: 6,497
HOA Dues: $0/mo
Year built: 1924
Garage: 5 Car
Property Type:: Apartment

Status: Active
MLS#: SR24046806
City: Los Angeles
County: Los Angeles
Time on Site: 50 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 8
Total # of Buildings: 3
# of Electric Meters: 9
# of Gas Meters: 8
# of Water Meters: 1

Unit Breakdown 1

# of Units: 8
# of Beds: 1
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,457
Total Rent: $11,660
Pro Forma/Market Rent: $15,960

Multi-Family Income/Expense Information

Property Income and Analysis

Cap Rate: 4.45%
Gross Rent Multiplier: 13.85
Gross Scheduled Income: $144,061
Net Operating Income: $88,787
Gross Operating Income: $139,739
Vacancy Allowance: $4,322

Annual Expense Breakdown

Total Operating Expense: $50,952
Electric: $1,362
Gas/Fuel: $0
Licenses: $890
New Taxes: $24,938
Furniture Replacement: $0
Trash: $0
Cable TV: $0
Gardener: $1,800
Insurance: $4,000
Maintenance: $7,928
Workman's Comp: $0
Professional Management: $0
Water/Sewer: $6,535
Other Expenses: $800
Other Expense Description: Misc

Open Houses for 5918 Barton Ave

No upcoming open houses

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Property Details for 5918 Barton Ave

Interior Features

Laundry Information

No Laundry
None

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 5
# of Parking Spaces: 5
Has Parking
Parking Features: Assigned

Lot Information

Lot Features: Landscaped
Lot Size Source: Assessor
Common Interest: Community Apartment

Property Information

Common Walls: 2+ Common Walls
Total # of Units: 8
Parcel Number: 5534027005
Year Built Source: Assessor
Entry Level: 1
Property is Attached

Homeowners Association, Utilities, Taxes / Assessments

Homeowners Association

Is Not Part of Association

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: SW of Santa Monica and Gower

Neighborhood Information

Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban

View more facts & features

Local Los Angeles Agent

Sale History for 5918 Barton Ave

Last sold on March 9th, 2017

March, 2024
Mar 7, 2024

Date

Active

CRMLS: SR24046806

$1,995,000

Price
July, 2021
Jul 1, 2021

Date

Expired

CRMLS: SR21024051

$1,995,000

Price
Jun 19, 2021

Date

Active

CRMLS: SR21024051

$1,995,000

Price
Jun 8, 2021

Date

Pending

CRMLS: SR21024051

$1,995,000

Price
Feb 4, 2021

Date

Active

CRMLS: SR21024051

$1,995,000

Price
Listing provided courtesy of CRMLS

Barton Apartments is a charming, Spanish Revival garden apartment complex located in Hollywood, one of the most exciting and dynamic neighborhoods in Los Angeles. The property consists of eight units, each with its own entrance, and five individual, fully enclosed garages. Three of the eight units have been fully remodeled with stainless steel gas ranges and quartz countertops. The units feature hardwood floors and air conditioning. Built in 1924, the 3,964-square-foot property sits on a 6,497-square-foot lot. The property features a premier location in walking distance of numerous amenities and employment centers.

Continue Reading
August, 2020
Aug 1, 2020

Date

Expired

CRMLS: SR20023863

$2,095,000

Price
Mar 3, 2020

Date

Price Change

CRMLS: SR20023863

$2,095,000

Price
Feb 3, 2020

Date

Active

CRMLS: SR20023863

$2,185,000

Price
Listing provided courtesy of CRMLS

Barton Apartments is a charming, Spanish Revival garden apartment complex located in Hollywood, one of the most exciting and dynamic neighborhoods in Los Angeles. The property consists of eight units, each with its own entrance, and five individual, fully enclosed garages. Three of the eight units have been fully remodeled with stainless steel gas ranges and quartz countertops. The units feature hardwood floors and air conditioning. Built in 1924, the 3,964-square-foot property sits on a 6,497-square-foot lot. The property features a premier location in walking distance of numerous amenities and employment centers. * Significant Rental Upside * Three Units Fully Renovated * High Density and Growing Rental Sub-market * Charming, Spanish Revival Architecture

Continue Reading
March, 2017
Mar 9, 2017

Date

Sold (Public Records)

Public Records

--

Price
February, 2015
Feb 5, 2015

Date

Sold (Public Records)

Public Records

$1,100,000

Price

Tax History for 5918 Barton Ave

Assessed Value (2020): $1,253,725

Year	Land Value	Improved Value	Assessed Value
2020	$955,087	$298,638	$1,253,725

Home Value Compared to the Market

This property vs the competition

5918 Barton Ave is listed 59.73% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $503.28 per/sqft which puts the price per square foot 34.81% lower than the median price per square foot for the city of Los Angeles.

About 5918 Barton Ave

Detailed summary of property

5918 Barton Ave is a apartment located in Los Angeles, CA 90038 and is currently for sale. This apartment offers 8 bedrooms, 8 bathrooms, roughly 3,964 living square feet, and sits on an approximately 6,497 square foot lot. 5918 Barton Ave was first listed on ArdentRealEstateGroup.com on March 7, 2024. The homeowner is currently asking $1,995,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 59.73% higher than the median priced home. Local competing homes currently for sale include 6063 N Harold Way, 5500 Barton Ave and 5633 La Mirada Ave. While the average home in Los Angeles, CA is selling in 97 days, 5918 Barton Ave has a days on market of 40 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 5918 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 5918 Barton Ave

Public county record property details

Beds: 8
Baths: 8
Year built: 1924
Sq. Ft.: 3,964
Lot Size: 6,497
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 7
APN: 5534-027-005

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

$1,375,000

Median List Price/Sq.Ft.

$714

Median Sold Price

$1,110,000

Median Sold Price/Sq.Ft.

$629

Total Inventory

Median Sale to List Price %

94.87%

Avg Days on Market

Loan Type

Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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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.