Los Angeles, CA 90028,5969 Franklin Avenue
Los Angeles, CA 90028,5969 Franklin Avenue
Los Angeles, CA 90028,5969 Franklin Avenue
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$1,900,000
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2 Beds
1 Bath
New

5969 Franklin Avenue Los Angeles, CA 90028

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25196034

Bedrooms 2

Property Sub-Type Res Income 2-4 Units

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 Hollywoods 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 yearsecure 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 Hollywoods thriving real estate scene. All units will be delivered vacant.

Location

State CA

County Los Angeles

Zoning Assessor

Direction 101 Freeway off Beachwod, right on Franklin

Interior

Heating Floor Furnace

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 5586014005


MLS Router / San Diego MLS
Listed by Troy Reed eXp Realty of California Inc

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Amy Taylor

Amy Taylor

Agent | License ID: 02187547

+1(619) 244-4481

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5969 Franklin Avenue