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Gated Flex Space with Parking

5908 Barton Ave, Los Angeles, CA 90038

For Sale
$2,250,000

Residential Income, Los Angeles, CA

Property Size3,312 SF
Lot Size0.13 Acres
Price / SF$679.35
Days on Market488

Property Features for 5908 Barton Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAC2
Full bathrooms 3
Rooms Bathroom 3, Bathroom 1, Bathroom 2
Parking 6
Parking features Covered, Gated
Directions West of Gower, South of Santa Monica
Subdivision Hollywood
Standard status Active
APN 5534-027-003
Size 3,312 SF
Lot size 0.13 Acres

Additional Details

Property Use Office
Condition Turnkey

Utilities

Heating system Central

Amenities

gated lot
alley access
polished concrete floors
tall open-beamed ceilings

Building Details

Year built 1969
Floors in Building 1
Flooring type Cement
Buildings 1
Listing Agency: Nourmand & Associates-HW
Listed By: Christopher Furstenberg · License CA #01208924
Added: Jul 15, 2025 Changed: Oct 31 Last Checked: Nov 14 at 1:06PM
MLS# 26853589

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This standalone flex property provides 3,312 square feet within a single-story commercial building on a 5,624-square-foot lot. The interior combines several office suites with a central open work area, 2.5 bathrooms, polished concrete flooring, and tall exposed-beam ceilings. Two access points, including entry from the alley, support functional movement through the property. The premises are delivered vacant and include central heating.

A gated rear parking area accommodates up to 12 vehicles, arranged as 12 stacked spaces or 6 spaces for daily use. Covered parking is also identified among the property features. The site is positioned near Melrose and Gower Avenue in Los Angeles, with Paramount Studios, Netflix, and Gower Studios nearby, as well as access to Larchmont Village, Hollywood Boulevard, and the 101 Freeway.

Built in 1969, the property combines office accommodations with open commercial workspace and secured on-site parking. Its 0.1343-acre parcel provides a compact standalone setting for a range of flex-space configurations.

Key Highlights

  • 3,312 square feet of interior space on a 5,624‑square‑foot lot
  • Single‑story standalone building with multiple office suites and central open workspace
  • Gated rear lot with parking for up to 12 vehicles; 12 stacked or 6 for daily use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$78,614
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,572,280 $1.6M
Cap Rate 7%
$1,123,057 $1.1M
Cap Rate 9%
$873,489 $873.5K
Market Conditions
NOI Build-Up for 3,312 SF
Gross rent
$128.8K $38.88/SF
− Vacancy
−$24.0K −$7.23/SF
EGI
$104.8K $31.65/SF
− OpEx
−$26.2K −$7.91/SF
NOI
$78.6K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,572,280
Cap Rate 7%
$1,123,057
Cap Rate 9%
$873,489

Alternative Uses

Best Use
Office B
$1.12M
$982.7K – $1.31M (±1% cap)
NOI $78,614 @ 7.0% cap · market cap 3.49%
Second Best
Industrial
$587.8K
$514.3K – $685.7K (±1% cap)
NOI $41,144 @ 7.0% cap · market cap 1.83%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,796 @ 7.0% cap · market cap 4.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Adult Day Care Clothing & Fashion Store Butcher Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,056
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Flex space in Los Angeles, CA

$502 Jul
$444 Aug
$560 Sep
$524 Oct

Properties on Market for Flex space in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

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  • La Tia Juana — 710 Lillian Way, Los Angeles, CA 90038

Frequently Asked Questions

What type of property is this?
Flex space - Single-story commercial building offers offices, open workspace, and alley access.
Where is this flex space located?
The property is located at 5908 Barton Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 3,312 square feet of interior space on a 5,624‑square‑foot lot; Single‑story standalone building with multiple office suites and central open workspace; Gated rear lot with parking for up to 12 vehicles; 12 stacked or 6 for daily use
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