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7000 Franklin Avenue, Los Angeles, CA 90028
Priced at Only: $5,350,000
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Address: 7000 Franklin Avenue, Los Angeles, CA 90028
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7000 Franklin Avenue
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  • MLS#: 26644281 ( )
  • Street Address: 7000 Franklin Avenue
  • Viewed: 1
  • Price: $5,350,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 0
  • Days On Market: 7
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90028
  • Provided by: Lyon Stahl Investment Real Estate, Inc.
  • Contact: Taylor Taylor
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    7000 Franklin Ave | 14 Unit Corner Multifamily with Value Add Upside in the Hollywood Foothills. Built in 1950 on a 10,106 SF LAR4 zoned corner lot with 8,088 SF of improvements, the property features a unit mix of (11) 1 bed/1 bath units and (5) studios, with additional upside through split co living configurations. The asset is subject to rent control and benefits from separately metered gas and electric utilities. Can be purchased with the two Adjacent properties for $26.1M total. 1775 N Orange and 1769 N Orange. 91 units total
Features
Appliances
  1. Microwave
Building Area Total
  1. 8276.00
Country
  1. US
Heating
  1. Wall Furnace
Levels
  1. Multi/Split
Netoperatingincome
  1. 194934.00
Parcel Number
  1. 5548003013
Parking Features
  1. Driveway
Postalcodeplus4
  1. 3907
Sourcesystemkey
  1. 26644281:CLAW
Totalexpenses
  1. 155479.00
Year Built
  1. 1950
Zoning
  1. LAR4
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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