Six-Unit Apartment
5456 Barton Ave, Los Angeles, CA 90038
For Sale
New
$2,795,000
Completed in 2024, the property combines four three-bedroom residences with two one-bedroom accessory dwelling units.
Property Size7,573 SF
Days on Market4
Property Features for 5456 Barton Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
Lyon Stahl Investment Real Estate, Inc.
Listed By:
Michael Monempour · License CA #01996829
(310) 883-7070
Source:
Rochellemaize
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 2:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate, Inc.
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Investment Insights
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Built in 2024, this six-unit apartment property comprises four three-bedroom, 3.5-bath townhome-style residences and two one-bedroom, one-bath accessory dwelling units. Contemporary design and open layouts are noted across the residences. The property is identified as exempt from the Los Angeles Rent Stabilization Ordinance.
The property is in Hollywood, adjacent to Larchmont Village. Its address is 5456 Barton Ave, Los Angeles, California 90038.
The property is in Hollywood, adjacent to Larchmont Village. Its address is 5456 Barton Ave, Los Angeles, California 90038.
Key Highlights
- Six residences: four 3‑bedroom / 3.5‑bath units and two 1‑bedroom / 1‑bath ADUs
- Built in 2024
- RSO‑exempt property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$121,856
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,437,120
$2.4M
Cap Rate 7%
$1,740,800
$1.7M
Cap Rate 9%
$1,353,956
$1.4M
Market Conditions
NOI Build-Up for 7,573 SF
Gross rent
$240.8K $31.80/SF
− Vacancy
−$19.3K −$2.54/SF
EGI
$221.6K $29.26/SF
− OpEx
−$99.7K −$13.17/SF
NOI
$121.9K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,437,120
Cap Rate 7%
$1,740,800
Cap Rate 9%
$1,353,956
Alternative Uses
Best Use
Apartment 5plus
$1.74M
$1.52M – $2.03M
NOI $121,856 @ 7.0% cap · market cap 4.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.16M
$2.77M – $3.69M
NOI $221,327 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
2,638
Businesses Nearby
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Business Placement
Demographics for 90038, CA
27,414
Population
14,998
Households
1.8
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
1.5 sq mi
ZIP Area
18,276
Density / Sq Mi
$61,566
Median Household Income
$36,844
Median Earnings
$1,764
Median Rent
$1,089,200
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Los Angeles, CA
Properties on Market for Apartment buildings in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Completed in 2024, the property combines four three-bedroom residences with two one-bedroom accessory dwelling units.
Where is this apartment building located?
The property is located at 5456 Barton Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: Six residences: four 3‑bedroom / 3.5‑bath units and two 1‑bedroom / 1‑bath ADUs; Built in 2024; RSO‑exempt property
