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Property profile

5908 Barton Ave Los Angeles, CA 90038

FOR LEASE
Manufacturing properties
Property ID
US09-7818084
3,312 SF 0.13 ac lot Built 1969
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional 3,312 square foot standalone building in Los Angeles' Hollywood submarket, near Paramount Studios, offers a unique opportunity. The single-story structure features a 9-foot ceiling height and is divisible to a minimum of 100 square feet, providing flexibility for various tenants. Currently fully vacant, the property boasts eight parking spaces within a gated lot, ensuring convenient access for employees and clients. Its C2 zoning allows for a wide range of uses, including creative offices, post-production facilities, writer's rooms, casting offices, creative studios, or showrooms. Located on Barton Avenue, near Gower Street, this prime location offers easy access to Larchmont, East Hollywood, and the vibrant heart of Hollywood, providing proximity to numerous dining, shopping, and entertainment options. The property's convenient location and versatile space make it an ideal choice for businesses seeking a high-profile address in a thriving entertainment hub. The building's standalone nature and ample parking provide a significant advantage in a competitive market. This turnkey property is ready for immediate occupancy.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1969
Construction TILT-UP CONCRETE
Total area 3,312 SF
Lot 0.13 ac (5,848 SF)
Zoning code LAC2
APN 5534-027-003
UPID US09-7818084

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2014
5 recorded transactions
2014
Price N/A
2005
Price N/A
2005
$900,000
2005
Price N/A
1968
$18,000

Zoning & alternative use

LAC2 · Los Angeles, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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