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$ 1,795,000
Est. payment | /mo
0.31 Acres Lot
$ 1,795,000
Est. payment | /mo
0.31 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 26841745
Lot Size 0.311 Acres
Acres 0.1556
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.
Location
State CA
County Los Angeles
Area Hollywood
Zoning LAC4
Exterior
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Special Listing Condition Standard
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Remax Commercial and Investment Realty
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