6036 Barton Ave, Los Angeles, CA 90038
Marcus & Millichap, as the exclusive listing agent, is pleased to offer the opportunity to acquire 6036-6038 Barton Avenue, a five-unit apartment community located in prime Hollywood. As one of Los Angeles’ densely populated neighborhoods, this submarket’s popularity has grown significantly over the recent years, with a vibrant and lively nightlife scene and trendy retail and coffee shops in the immediate area. With new ground-up development in the gentrifying area, Hollywood has been catering to young professionals, and hipsters alike in recent years. Barton Avenue is considered a “Walker’s Paradise” with a 94 Walk Score and is situated a short distance from highly desirable dining and entertaining options. Consisting of three buildings on a 6,499 square foot parcel, the property comprises two single story, cottage style one-bedroom units and three three-bedroom units. Barton Avenue has been well-maintained and with three out of five units being delivered vacant, new ownership will have the opportunity to renovate and achieve additional rental premiums immediately. 6036-6038 Barton Avenue provides investors a rare buying opportunity to acquire a value-add opportunity and enter a rapidly improving neighborhood.
Marcus & Millichap, as the exclusive listing agent, is pleased to offer the opportunity to acquire 6036-6038 Barton Avenue, a five-unit apartment community located in prime Hollywood. As one of Los Angeles’ densely populated neighborhoods, this submarket’s popularity has grown significantly over the recent years, with a vibrant and lively nightlife scene and trendy retail and coffee shops in the immediate area. With new ground-up development in the gentrifying area, Hollywood has been catering to young professionals, and hipsters alike in recent years. Barton Avenue is considered a “Walker’s Paradise” with a 94 Walk Score and is situated a short distance from highly desirable dining and entertaining options. Consisting of three buildings on a 6,499 square foot parcel, the property comprises two single story, cottage style one-bedroom units and three three-bedroom units. Barton Avenue has been well-maintained and with three out of five units being delivered vacant, new ownership will have the opportunity to renovate and achieve additional rental premiums immediately. 6036-6038 Barton Avenue provides investors a rare buying opportunity to acquire a value-add opportunity and enter a rapidly improving neighborhood.
