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$ 1,500,000
Est. payment | /mo
6,333 SqFt
$ 1,500,000
Est. payment | /mo
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

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Listed by Sean Rosenzweig • Marcus & Millichap
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Patrick Nagel
REALTOR® | Lic# 1760790






