Los Angeles, CA 90028,5969 Franklin Avenue
Los Angeles, CA 90028,5969 Franklin Avenue
Los Angeles, CA 90028,5969 Franklin Avenue
See all 3 photos

$1,700,000

$1,900,000

10.5%
Est.Price: ?

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Est. payment /mo

2 Beds

7,503 Sqft Lot


SOLD DATE : 10/16/2025

Key Details

Sold Price $1,700,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW25196034

Sold Date 10/16/25

Bedrooms 2

Lot Size 7,503 Sqft

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

Senior Community No

Tax ID 5586014005

Acceptable Financing Cash

Listing Terms Cash

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MLS Router / San Diego MLS
Listed by Troy Reed eXp Realty of California Inc
Bought with William Lenocker eXp Realty of California Inc
Robyn Flint

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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