$2,995,000
For Sale

4253 Franklin Avenue

Los Angeles, CA 90027
0.14 acres | #DW25025911
Listing OfficeAlly Commercial Real Estate
Browse 35 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

4 townhome style units in Los Feliz. 4254 Franklin Ave was constructed in 1929 and consists of 2 vintage Spanish style duplexes. The unit mix consists of four very spacious 2 bed + 1 bath units units. All units have hardwood floors and individual private patio spaces with tile floors. Each unit has one assigned private parking space plus private parking for two additional vehicles.
Franklin is located on a corner lot with great exposure in the one of the most desirable pockets of Los Feliz and walkable to many local amenities on Hillhurst Ave which is named one of the hottest spots in LA for local eateries, trendy cafes and boutique shops. Very close proximity to Griffith Park and within boundaries of Franklin Elementary School.
The subject property has significant upside left in the rents and the property could make for a potential Tenants in Common (TIC), Condo Conversion and/or ADU implementation, buyer to verify. Ideal for owner-occupiers, value-add investors or builders alike! It’s rare to find such an opportunity with several exit strategies.

  • Property Details
      • Utility FeaturesNaturalGasConnected, SewerConnected, WaterConnected
      • InteriorBalcony, AllBedroomsDown
      • Lot DescriptionZeroToOneUnitAcre
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$2,995,000
      • MLS #DW25025911
      • MLS #DW25025911
      • Property SubtypeApartment
      • Cost2995000
      • Utility SourcePublic
      • Acres0.143
      • Year Built1929
      • Stories1
      • Parking Spaces6

Location

Premiere HomesReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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