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$ 2,350,000
Est. payment /mo
New
4730 Franklin AVE Los Angeles, CA 90027
11 Beds
10 Baths
7,130 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,130 sqft
Price per Sqft $329
MLS Listing ID 26639377
Bedrooms 11
HOA Y/N No
Year Built 1953
Lot Size 8,250 Sqft
Property Description
4730 Franklin Ave is a 10-unit multifamily property located in the East Hollywood / Los Feliz area, situated directly on Franklin Ave, north of Hollywood Blvd and south of Los Feliz Blvd, and in close proximity to Vermont Ave. The property consists of approximately 7,130 SF of building area on an 8,250 SF lot and currently generates approximately $190,716 in gross annual income.The asset offers stable in-place cash flow with value-add potential through rent growth, unit upgrades, and improved operations, subject to local regulations. The surrounding area continues to experience residential redevelopment, supporting long-term rental demand and appreciation.The property is conveniently located near neighborhood dining, retail, public transportation, and major thoroughfares with easy access to Silver Lake, Hollywood, Mid-Wilshire, and Downtown Los Angeles.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Covered, Detached Carport
Total Parking Spaces 7
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5589028009
Special Listing Condition Standard
Listed by Sang (Brian) Ji Total Commercial, Inc.