Los Angeles, CA 90028,5969 Franklin Avenue
Listed by Troy Reed • eXp Realty of California Inc
Bought with William Lenocker • eXp Realty of California Inc

$1,700,000

Est. payment /mo

$1,900,000

10.5%
Est.Price: ?

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5969 Franklin Avenue Los Angeles, CA 90028

4,392 SqFt

SOLD DATE : 10/16/2025

Key Details

Sold Price $1,700,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,392 sqft

Price per Sqft $387

MLS Listing ID CRPW25196034

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

Interior

Heating Floor Furnace

Cooling No Air Conditioning

Flooring Vinyl, Wood

Laundry Inside

Exterior

View City Lights

Building

Lot Description Front Yard

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Bay East Association of Realtors
Donny Piwowarski

Donny Piwowarski

Broker | License ID: 01444374

+1(844) 437-4969

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