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Alexander Duarte

alex@tdgsells.com +1(714) 376-9253

$ 2,200,000

Est. payment -/mo

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Active

5527 Barton AVE Los Angeles, CA 90038

6,046 SqFt

UPDATED:

10/31/2024 02:53 AM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 6,046 sqft

Price per Sqft $363

MLS Listing ID GD24098317

HOA Y/N No

Year Built 1963

Lot Size 7,000 Sqft

Property Description

Hollywood, Paramount Pictures, Between Melrose, Vine and Santa Monica Blvd., desirable and high density 90038 Zip code. Well-maintained 7-unit apartment building, close to 101 Freeway, Kaiser Hospital, Home Depot, and all kind of major stores, 3 Units 2Br/2Baths plus 4 Units 1Br/1Bath, 7 parking and extra room for one more, Storage Boxes. Tenants pay for Power and Gas, low maintenance, no Gardner. Completely fenced and Remotely operated gate. Mandatory Soft Retrofitting Done in 2018, earthquake shut off valves for gas installed, no code enforcements, Only $363 Per SQFT lower than replacement cost. Excellent Cap Rate. Priced under market for fast sale. It is fully occupied with month-to-month leases. Seller's Unit 2Br/2Baths front unit with large balcony will be delivered vacant at close of Escrow, will rent for $3k easily, Owner owned Coin Laundry, The property has a new roof installed in February 2024 and a new gas boiler with circulation, Copper plumbing re piped 10 years ago, street was asphalted in May 2024.Motivated Seller

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LARD1.5

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 7.0

Garage Description 7.0

Pool None

Community Features Sidewalks

Total Parking Spaces 7

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5535005011

Energy Description 2100.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

Lease Land No

Listed by Manvel Solakian • Keller Williams R. E. Services • 818-381-7722

Alexander Duarte

CEO | i01970077

+1(714) 376-9253

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Alexander Duarte

Alexander Duarte

5527 Barton AVE Los Angeles, CA 90038

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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5527 Barton AVE