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6036 Barton Ave Los Angeles, CA 90038

$1,500,000 Sold Price as of 04/27/2021

11 Beds
5 Baths
3,902 Sq.Ft.

Sold

$1,500,000 Sold Price as of 04/27/2021 Refinance Your Mortgage

Map preview of 6036 Barton Ave, Los Angeles, CA 90038

Property Overview: 6036 Barton Ave Los Angeles, CA has 11 bedrooms, 5 bathrooms, 3,902 living square feet and 6,499 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: I am pleased to offer the opportunity to acquire6036-6038 Barton Avenue, a five-unit apartment community located in prime Hollywood. Consisting of three buildings on a 6,499 square foot parcel, the property comprises two single story, cottage style one-bedroom units and three three-bedroom units. Barton Avenue has been well-maintained and with three out of five units being delivered vacant, new ownership will have the opportunity to renovate and achieve additional rental premiums immediately.6036-6038 Barton Avenue provides investors a rare buying opportunity to acquire a value-add opportunity and enter a rapidly improving neighborhood.

Listed by Sean Rosenzweig | BRE #01406343 | Marcus & Millichap

Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 47

Home details

Lot Sq. Ft: 6,499
HOA Dues: $0/mo
Year built: 1927
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 21695582
City: Los Angeles
County: Los Angeles
Time on Site: 1184 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 5
Total # of Buildings: 3

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,200

Unit Breakdown 2

# of Units: 1
# of Beds: 3
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,600

Unit Breakdown 3

# of Units: 1
# of Beds: 3
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,600

Unit Breakdown 4

# of Units: 1
# of Beds: 3
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,144
Total Rent: $1,144
Pro Forma/Market Rent: $2,600

Unit Breakdown 5

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,151
Total Rent: $1,151
Pro Forma/Market Rent: $2,200

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 13.32
Gross Scheduled Income: --
Net Operating Income: $72,836
Gross Operating Income: $112,850

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 6036 Barton Ave

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Covered

Lot Information

Lot Size Source: Assessor

Property Information

Total # of Units: 5
Parcel Number: 5534028008

Location / Neighborhood

Location Information

Directions: East of Vine Street, South of Santa Monica Boulevard

View more facts & features

Local Los Angeles Agent

Sale History for 6036 Barton Ave

Last sold for $1,500,000 on April 27th, 2021

April, 2021
Apr 29, 2021

Date

Sold

CRMLS: 21695582

$1,500,000

Price
Feb 20, 2021

Date

Active

CRMLS: 21695582

$1,550,000

Price
June, 2019
Jun 26, 2019

Date

Sold (Public Records)

Public Records

$2,300,000

Price
June, 2019
Jun 26, 2019

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 6036 Barton Ave

Assessed Value (2020): $1,326,500

Year	Land Value	Improved Value	Assessed Value
2020	$1,020,000	$306,500	$1,326,500

Home Value Compared to the Market

This property vs the competition

6036 Barton Ave sold on April 27, 2021 for 30.25% 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 $397.23 per/sqft which puts the price per square foot 47.39% lower than the current median sale per square foot for the city of Los Angeles.

About 6036 Barton Ave

Detailed summary of property

6036 Barton Ave is a multi family that recently sold in Los Angeles, CA 90038. This multi family property offered 11 bedrooms, 5 bathrooms, roughly 3,902 living square feet, and sits on an approximately 6,499 square foot lot. 6036 Barton Ave was first listed on ArdentRealEstateGroup.com on February 20, 2021. The homeowner sold the property for $1,500,000. 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 30.25% higher than the current median priced home. Local homes that are currently for sale include 5324 Monroe St, 859 N Mansfield Ave and 6918 Willoughby Ave. While the average home in Los Angeles, CA is selling in 92 days, 6036 Barton Ave has a days on market of 47 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 6036 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 6036 Barton Ave

Public county record property details

Beds: 11
Baths: 5
Year built: 1927
Sq. Ft.: 3,902
Lot Size: 6,498
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 15
APN: 5534-028-008

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.

$703

Median Sold Price

$715,000

Median Sold Price/Sq.Ft.

$659

Total Inventory

Median Sale to List Price %

79.44%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (50%), 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.