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6042 Barton Ave, Los Angeles, CA 90038
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6042 Barton Ave Los Angeles, CA 90038

$3,200,000
  • 16 Beds
  • 16 Baths
  • 7,470 Sq.Ft.
For Sale
$3,200,000 Get Pre-Qualified
Map preview of 6042 Barton Ave, Los Angeles, CA 90038

Property Overview: 6042 Barton Ave Los Angeles, CA has 16 bedrooms, 16 bathrooms, 7,470 living square feet and 6,499 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: Great 8 Unit Apartment building located in Hollywood! This building is an 1989 construction 8 unit apartment building with all units being 2 Bedroom and 2 Baths. This property is conveniently located near main Hollywood attractions, Paramount pictures, and many restaurants / shops when heading west on Melrose! Don't miss on out this great investment opportunity!

Listed by Frederick Okuda | BRE #02073148 | ADW Management USA, Inc.
Last checked: 14 minutes ago | Last updated: September 17th, 2024 | Source CRMLS | DOM: 90

Home details

Lot Sq. Ft
6,499
HOA Dues
$0/mo
Year built
1989
Garage
--
Property Type:
Apartment
Status
Active
MLS#
SB24124024
City
Los Angeles
County
Los Angeles
Time on Site
93 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Leased Units: 8
  • # of Electric Meters: 9
  • # of Gas Meters: 9
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,460
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,650
  • Total Rent: $2,650
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,650
  • Total Rent: $2,650
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,675
  • Total Rent: $2,675
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,680
  • Total Rent: $2,680
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.68%
  • Gross Rent Multiplier: 12.46
  • Gross Scheduled Income: $256,860
  • Net Operating Income: $149,893
  • Gross Operating Income: $249,154
  • Vacancy Allowance: $7,706
  • Laundry Income: $250
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $99,261
  • Electric: $2,068
  • Gas/Fuel: $2,431
  • New Taxes: $39,624
  • Trash: $8,785
  • Gardener: $3,920
  • Insurance: $5,677
  • Maintenance: $8,000
  • Professional Management: $19,932
  • Water/Sewer: $6,092
  • Other Expenses: $2,000
  • Other Expense Description: Reserve

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Property Details for 6042 Barton Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 8
  • Parcel Number: 5534028009
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Santa Monica Blvd, South on Vine Street, East on Barton Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 6042 Barton Ave

Last sold for $3,950,000 on July 27th, 2017

  • June, 2024

  • Jun 17, 2024

    Date

    Active

    CRMLS: SB24124024

    $3,200,000

    Price

  • January, 2024

  • Jan 18, 2024

    Date

    Canceled

    CRMLS: SB23008563

    $3,600,000

    Price

  • Jan 16, 2023

    Date

    Active

    CRMLS: SB23008563

    $4,100,000

    Price

  • Listing provided courtesy of CRMLS

    Great 8 Unit Apartment building located in Hollywood! This building is an 1989 construction 8 unit apartment building with all units being 2 Bedroom and 2 Baths.This property is conveniently located near main Hollywood attractions, Paramount pictures, and many restaurants / shops when heading west on Melrose! Don't miss on out this great investment opportunity!

  • July, 2017

  • Jul 27, 2017

    Date

    Sold (Public Records)

    Public Records

    $3,950,000

    Price

  • December, 2016

  • Dec 12, 2016

    Date

    Sold (Public Records)

    Public Records

    $3,125,000

    Price

Show More

Tax History for 6042 Barton Ave

Assessed Value (2020): $4,113,312
Year Land Value Improved Value Assessed Value
2020 $3,121,200 $992,112 $4,113,312

Home Value Compared to the Market

This property vs the competition

6042 Barton Ave is listed 166.67% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $428.38 per/sqft which puts the price per square foot 44.22% lower than the median price per square foot for the city of Los Angeles.

About 6042 Barton Ave

Detailed summary of property

6042 Barton Ave is a apartment located in Los Angeles, CA 90038 and is currently for sale. This apartment offers 16 bedrooms, 16 bathrooms, roughly 7,470 living square feet, and sits on an approximately 6,499 square foot lot. 6042 Barton Ave was first listed on ArdentRealEstateGroup.com on June 18, 2024. The homeowner is currently asking $3,200,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 166.67% higher than the median priced home. Local competing homes currently for sale include 4727 Oakwood Ave, 1803 N Wilton Pl and 606 N Alta Vista Blvd. While the average home in Los Angeles, CA is selling in 106 days, 6042 Barton Ave has a days on market of 90 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 6042 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 6042 Barton Ave

Public county record property details
Beds
16
Baths
16
Year built
1989
Sq. Ft.
7,470
Lot Size
6,498
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
5534-028-009

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.
$666
Median Sold Price
$1,089,000
Median Sold Price/Sq.Ft.
$642
Total Inventory
47
Median Sale to List Price %
90.83%
Avg Days on Market
48
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (25%), Other (0%)

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(714) 706-1823

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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.

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