Millman Team Real Estate

$1,795,000
0.31 Acre Lot

5412-5416 Barton Avenue, Los Angeles, California 90038

  • Land Property Type
Property Description

Listing price is for 5412 and 5416 Barton Avenue (2 single family homes that will be delivered vacant). Must be purchased together. 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, CHIPOrdinance 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.

Basic Details
Land
For Sale
26841745
$1,795,000
None
0.31 Acre
Active
Features
$0
Address Map
CA
Los Angeles
Los Angeles
90038
Barton
5412 5416
Avenue
W119° 41' 24.9''
N34° 5' 14.3''
Prime Hollywood location just West of Western Avenue and South of Santa Monica Blvd.
C20 - Hollywood
LAC4
Additional Information
$0
$0
$0
$0
$0
2026-06-02
Broker/Agent Information
Remax Commercial and Investment Realty
Jonathan Taksa
Listing Information
CLW-X90025
CLW-X7538301
Active
2026-06-12T17:20:16Z
CRMLS
: Standard
2026-06-02T00:00:00Z
Agent info
Ray Millman
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