CA > Los Angeles
Los Angeles, CA 90028,5969 Franklin Avenue
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Los Angeles, CA 90028,5969 Franklin Avenue
Los Angeles, CA 90028,5969 Franklin Avenue
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Cris Epstein

Cris Epstein

+1(818) 269-4377
Listed by Troy Reed • eXp Realty of California Inc
$ 1,900,000
Est. payment /mo
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5969 Franklin Avenue Los Angeles, CA 90028

4,392 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,392 sqft

Price per Sqft $432

MLS Listing ID PW-25196034

Style Victorian

Year Built 1916

Lot Size 7,503 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 Crown Molding, Ceiling Fan(s), Built-In Features, Storage

Heating Floor Furnace

Flooring Vinyl, Wood

Fireplaces Type Gas

Laundry Inside

Exterior

Parking Features Garage - Single Door, Parking Space

Garage Spaces 3.0

Pool None

Community Features Sidewalks, Street Lights, Urban

Utilities Available Sewer Connected, Water Connected, Natural Gas Connected

View Y/N Yes

View City Lights

Building

Lot Description Front Yard

Sewer Public Sewer

Cris Epstein

Cris Epstein

Advisor | License ID: 01385089

+1(818) 269-4377

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5969 Franklin Avenue