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7000 Franklin Ave, Los Angeles, CA, 90028

13beds
14baths
8,276sqft
$5,350,000
$646price/sqft
$32,914/moest. monthly cost
$1,316,560/yrincome needed

About This Home

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

Getting Around

97
WalkingWalker's Paradise
63
TransitGood Transit
37
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1950

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Microwave

Bedrooms & Bathrooms

  • Bedrooms: 13
  • Bathrooms: 14

Heating & Cooling

  • Heating features: Wall
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 8,276
  • Total interior livable area: 8,276 sqft

Property

Details

  • Zoning: LAR4
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Stories: 2

Lot

  • Lot size: 10,114 sqft

Parking

  • Total spaces: 8
  • Parking features: Driveway
  • Has uncovered spaces: Yes