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5412 Barton Ave
Los Angeles, CA 90038
Prime Development Opp. or 2 SFRs Remodel · Land For Sale · 0.31 AC

Investment Highlights

  • Two Side by Side Single Family Homes (1 on RdD1.5 zoned lot and the other on C4 zoned lot)
  • Surrounded by significant residential and office development—including Netflix and Paramount Studios—driving high housing demand.
  • Tier 3 TOC incentives may create compelling opportunities for developers to significantly expand project scale beyond traditional zoning limitations
  • Prime Central Hollywood location in a walkable environment with access to Larchmont Village and key transit corridors.
  • Positioned in a high-demand rental market benefiting from continued growth in entertainment, media, technology, and creative sector employment
  • Opportunity to leverage Los Angeles’ evolving prodevelopment housing framework, including TOC, CHIP Ordinance incentives, and ED1-related housing init

Executive Summary

Must be purchased with adjacent property at 5416 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.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.31 AC
Opportunity Zone Yes
Zoning RD 1.5 and C4 - RD 1.5 and C4

1 Lot Available

Lot

Price $2,532,206 CAD
Price Per AC $8,139,839.64 CAD
Lot Size 0.31 AC

Side by side single family homes that can be delivered vacant.

Description

5412 Barton Avenue offers an exceptional redevelopment opportunity positioned in the historic and rapidly evolving Hollywood district of Los Angeles. This site is zoned LAC4 and located within a Tier 3 Transit Oriented Communities (TOC) Incentive Area, providing developers with the potential to maximize density, reduce parking requirements, and benefit from various Los Angeles pro-housing initiatives such as the CHIP Ordinance and ED1 pathways. As part of a combined offering with 5416 Barton Avenue, the parcel creates a valuable urban infill location adjacent to major employment hubs including Netflix, Paramount Studios, and the Hollywood Media District, ensuring strong housing and mixed-use demand. Developers can leverage assemblage benefits to plan larger-scale multifamily redevelopment, capitalizing on zoning flexibility and TOC incentives that allow enhanced project scale beyond traditional limits. This site’s proximity to Larchmont Village and robust transit connectivity makes it highly attractive for a multifamily or mixed-use project aimed at the growing entertainment and creative sectors in Los Angeles. Positioned within a qualified Opportunity Zone, this property provides additional tax advantages for investors seeking long-term growth.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5535-007-021
  • 5535-007-020
Land Assessment
$1,495,437 CAD
Improvements Assessment
$35,622 CAD
Total Assessment
$1,531,059 CAD
  • Listing ID: 40758198

  • Date on Market: 2026-06-02

  • Last Updated:

  • Address: 5412 Barton Ave, Los Angeles, CA 90038

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