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Image 1 - 5500 Barton Ave, Los Angeles, California, 90038 - House for sale

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Barton Ave, Los Angeles, Home For Sale

5500 Barton Ave, Los Angeles, California, 90038

Barton Ave, Los Angeles, Home For Sale

house for sale

6 views

Listed: 07/15/24

5500 Barton Ave, Los Angeles, California, 90038

6 Bed:

5 Bath:

2,816 Sq Ft Living Area:

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Price

$ 1,9M

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About This House

The Barton Apartments consist of 5 units in total, along with plans (already submitted and pending city approval) for1 ADU.Four of the five units are fully upgraded units. The property is conveniently located in a prime pocket of Hollywood and is surrounded with various shops, eateries, and restaurants. The centralized location makes the property minutes from many of LA's most visited neighborhoods like Larchmont Village, Miracle Mile, Hollywood Walk of Fame, and much much more. The front structure consists of four 1 bedroom 1 bathroom units, and back structure consists of one 2 bedroom 1 bathroom house. The total square footage for the property is2, 816.Low property expenses and easy management makes the Barton Apartments a desirable investment for both an experienced investor or first-time buyer, in a neighborhood that's constantly growing and flourishing.

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Los Angeles Housing & Living

Average sale prices for houses

1 bed

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Aug 2024	$837,581 (-20.3%)
Jul 2024	$1,051,454 (+12.7%)
Jun 2024	$932,981 (-41.3%)
May 2024	$1,590,389 (+13.1%)
Apr 2024	$1,406,480 (0%)
Mar 2024	$1,406,480 (0%)

In August 2024, the asking price for 1 bed houses for sale in/near Los Angeles, United States averaged $837,581, a decrease of 20.3% from the previous month.

Median price trends for properties for sale in Los Angeles, United States as of August 2024.

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.

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