CA > Los Angeles
Los Angeles, CA 90028,5969 Franklin AVE
Los Angeles, CA 90028,5969 Franklin AVE
Los Angeles, CA 90028,5969 Franklin AVE
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$1,900,000
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7,501 Sqft Lot
Active

5969 Franklin AVE Los Angeles, CA 90028

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Bri Lister

Bri Lister

+1(951) 438-0144

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25196034

Construction Status Fixer

HOA Y/N No

Year Built 1916

Lot Size 7,501 Sqft

Property Sub-Type Quadruplex

Property Description

Discover an exceptional investment opportunity in Hollywood, CA, just steps from vibrant Franklin Village! This 4,392-sq-ft, 4-unit property, features four spacious 2-bedroom, 1-bath units, all vacant and primed for customization and top of the market rents. It is situated a large lot for potential future expansion and/or parking. Nestled in one of Hollywood's most prestigious neighborhoods, it offers unparalleled access to world-class dining, trendy nightlife, top-tier schools, employment hubs, and iconic entertainment like the Hollywood Walk of Fame. The adjacent property, with the same footprint but configured as an 8-unit, sold for $1.95M earlier this year—secure city approval to transform this gem into an 8-unit powerhouse for maximum returns. Ideal for savvy investors seeking a buy-and-hold or redevelopment project, this property promises strong rental income in a high-demand market. With its prime location and untapped potential, this is a rare find in Hollywood's thriving real estate scene. All units will be delivered vacant.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Interior

Interior Features Built-in Features, Ceiling Fan(s), Crown Molding, Storage

Heating Floor Furnace

Cooling None

Flooring Vinyl, Wood

Fireplaces Type Gas

Fireplace Yes

Laundry Inside

Exterior

Parking Features Door-Single, Garage, One Space

Garage Spaces 3.0

Garage Description 3.0

Fence Chain Link, Wood

Pool None

Community Features Street Lights, Sidewalks, Urban

Utilities Available Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View City Lights

Roof Type Flat,Shingle

Total Parking Spaces 6

Private Pool No

Building

Lot Description Front Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Victorian

Level or Stories Two

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 5586014005

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard, Trust

CRMLS – RECore
Listed by Troy Reed eXp Realty of California Inc 714 476-0639

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Bri Lister
Bri Lister

REALTOR® | License ID: 02239724

+1(951) 438-0144 | bri@toplisterrealty.com

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5969 Franklin AVE