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$839,484
Listing Price3beds
1baths
1,615sqft
6,777sqft lot
5416 Barton Ave, Los Angeles, CA 90038
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For Sale
Home type
Price / sqft
Year built
Home Details
Must be purchased with adjacent property at 5412 Barton Avenue (total combined list price for both properties is $1,795,000). PERFECT DEVELOPMENT OPPORTUNITY OR 2 SINGLE FAMILY HOME REMODEL OPPORTUNITY. 5412 BARTON AVENUE: Exceptional redevelopment opportunity on an LAC4-zoned site in one of Hollywood's rapidly evolving multifamily and mixed-use corridors, surrounded by significant recent residential and creative office investment. Property can be delivered vacant, creating an ideal opportunity for immediate redevelopment and streamlined project planning. Located within a Tier 3 Transit Oriented Communities ("TOC")Incentive Area, allowing developers to potentially capitalize on meaningful density increases, parking reductions, and additional development incentives through affordable housing components. Opportunity to utilize multiple pro-housing development programs and evolving Los Angeles housing initiatives, including TOC incentives, the CHIP Ordinance, ED1 processing pathways, and other density maximizing strategies designed to accelerate multifamily housing production. Valuable urban infill location positioned near Larchmont Village, Hollywood Media District, Netflix, Paramount Studios, and major employment centers driving sustained rental demand. 5416 BARTON AVENUE: Rare redevelopment opportunity on an RD1.5-zoned site located in a rapidly improving Hollywood multifamily corridor near major employment and entertainment hubs. Property can be delivered vacant, allowing de
Interior Details
1615
3
1
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6777
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$1,228
$49,512
$32,924
--%
$82,436
2019
$1,228
$48,542
$32,279
--%
$80,821
2018
$1,128
$47,591
$31,647
--%
$79,238
2017
$1,108
$46,658
$31,027
--%
$77,685
2016
$1,064
$45,744
$30,419
--%
$76,163
2014
$1,067
$44,175
$29,377
--%
$73,552
2013
$1,061
$43,976
$29,245
--%
$73,221
2012
$1,053
$43,114
$28,672
--%
$71,786
Average Home Price in 90038
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles





