5416 Barton Ave, Los Angeles, CA 90038
5416 Barton Ave, Los Angeles, CA 90038
5416 Barton Ave, Los Angeles, CA 90038
5416 Barton Ave, Los Angeles, CA 90038
5416 Barton Ave, Los Angeles, CA 90038
5416 Barton Ave, Los Angeles, CA 90038
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 800,000
Est. payment | /mo

3 Beds

1 Bath

1,615 SqFt


Save
$ 800,000
Est. payment | /mo
Save

3 Beds

1 Bath

1,615 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,615 sqft

Price per Sqft $495

MLS Listing ID 26841747

Style Unknown

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1921

Lot Size 6,779 Sqft

Acres 0.1556

Property Sub-Type Single Family Residence

Property Description

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 developers immediate flexibility for entitlement, planning, and redevelopment execution. Located within a Tier 3 TOC Incentive Area, creating the potential for substantial increases in allowable density, reduced parking requirements, and enhanced development flexibility through affordable housing incentives. RD1.5 zoning combined with Tier 3 TOC incentives may create compelling opportunities for developers to significantly expand project scale beyond traditional zoning limitations. Opportunity to leverage Los Angeles' evolving pro development housing framework, including TOC, CHIP Ordinance incentives, and ED1-related housing initiatives designed to encourage accelerated multifamily developmenT. Located adjacent to 5412 Barton Avenue, creating potential assemblage opportunities for developers seeking larger-scale multifamily redevelopment with improved site planning and enhanced economies of scale.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LARD1.5

Rooms

Other Rooms None

Dining Room 0

Interior

Heating Wall

Cooling Wall Unit(s)

Flooring Hardwood

Fireplaces Type Living Room

Equipment None

Laundry Other

Exterior

Parking Features Detached

Garage Spaces 2.0

Pool None

View Y/N No

View None

Building

Story 1

Architectural Style Unknown

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty

Schools and Properties Nearby

Learn More About LPT Realty

Name
Phone*
Message
Tour the Home

5416 Barton Ave