Los Angeles, CA 90038,6027 Barton Avenue
Los Angeles, CA 90038,6027 Barton Avenue
Los Angeles, CA 90038,6027 Barton Avenue
Los Angeles, CA 90038,6027 Barton Avenue
Los Angeles, CA 90038,6027 Barton Avenue
Los Angeles, CA 90038,6027 Barton Avenue
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$ 1,500,000
Est. payment | /mo

6,333 SqFt


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$ 1,500,000
Est. payment | /mo
Save

6,333 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,333 sqft

Price per Sqft $236

MLS Listing ID CL25575499

HOA Y/N No

Year Built 1930

Lot Size 6,500 Sqft

Acres 0.15

Property Sub-Type Other

Property Description

Seller Financing Available - Contact Listing Team for Details. We are pleased to present the opportunity to acquire 6027 Barton Avenue, an eight-unit apartment community located in the heart of Hollywood. Ideally situated just south of Santa Monica Boulevard and east of Vine Street, the property lies in one of Los Angeles' most densely populated neighborhoods. Residents enjoy easy access to Hollywood's dynamic nightlife, trendy retail and coffee shops, and an array of entertainment options. Comprised entirely of one-bedroom units, 6027 Barton Avenue has been well-maintained by the current ownership and offers significant value-add potential. With 59% remaining rental upside through unit renovations, a new owner can capitalize on the ongoing gentrification of the area and position the property for strong future returns. An additional benefit is the property's development flexibility. Situated on a 6,500-square-foot lot zoned LAR3-1XL within a Tier 2 TOC, the site offers potential for future redevelopment. The asset is clean, well-managed, and exhibits minimal deferred maintenance reflecting attentive ownership. With its prime Hollywood location, development upside, and value-add opportunity, 6027 Barton Avenue represents a compelling acquisition opportunity. PLEASE DO NOT WALK THE

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 5534026020

Bridge MLS
Listed by Sean Rosenzweig • Marcus & Millichap

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Patrick Nagel
Patrick Nagel

REALTOR® | Lic# 1760790

+1(925) 895-5324

1451 Leimert Blvd, Oakland, CA, 94602

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6027 Barton Avenue