5015 Franklin Avenue, Los Angeles, CA 90027

  • $1,650,000
  • $617
5015 Franklin Avenue, Los Angeles, CA 90027
  • Residential Income
  • Property Type
  • 2.00
  • Garages
  • 1922
  • Year Built
For Sale
5015 Franklin Avenue, Los Angeles, CA 90027
  • $1,650,000
  • $617

Overview

Property ID: SGR-32665652
  • Residential Income
  • Property Type
  • 2.00
  • Garages
  • 1922
  • Year Built

Description

We are pleased to present this great duplex in desirable neighborhood at East Hollywood. Situated at bottom of the Griffith Park and Franklin Hill, between Sunset Blvd and Los Feliz Blvd, the property has easy access to the 5 FWY and many local shops , restaurants and famous Hollywood landmarks, like the Griffith Observatory. The 2-story building has two separated units with separate meters and entrances. Upstair unit has a long-term tenant and downstair unit can be owner occupied or be rented to current market value. There is large backyard with a 2 -car garage which can easily be converted to ADU, and with lot of empty space in the backyard, it has potential to add another ADU. (Buyer to verified with the city). This makes the property has huge opportunity to be a 4-unit income generated investment. It is a perfect investment for both owner occupied or investors.The building is well-maintained, as the Seller put a new roof and installed a new water-heater for downstair unit in 2023. With some TLC , this property is a true value-add opportunity for any homeowner or investor.

  • Address 5015 Franklin Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90027
  • Area C30 - Hollywood Hills East
  • Country United States

Details

Updated on May 30, 2024 at 9:39 am
  • Property ID: SGR-32665652
  • Price: $1,650,000
  • Land Area: 7431.00 m²
  • Garages: 2.00
  • Year Built: 1922
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 2676.00
  • MLS#: WS24023468
  • Office Name: GLOBAL PREMIUM REALTY
  • Agent Name: VIVIAN ZHU
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01331943
  • IDX Contact Info: 626-224-1278

Additional details

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central
  • County: Los Angeles
  • Property SubType: Duplex
  • Parking: 2.00
  • Water Source: Public

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