Los Angeles, CA 90028,5969 Franklin AVE
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Los Angeles, CA 90028,5969 Franklin AVE
Los Angeles, CA 90028,5969 Franklin AVE

$1,700,000

Est. payment /mo

$1,900,000

10.5%
Est.Price: ?

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5969 Franklin AVE Los Angeles, CA 90028

7,501 Sqft Lot

SOLD DATE : 10/16/2025

Key Details

Sold Price $1,700,000

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW25196034

Year Built 1916

Lot Size 7,501 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

Area C20 - Hollywood

Zoning LAR3

Interior

Heating Floor Furnace

Cooling None

Flooring Vinyl, Wood

Fireplaces Type Gas

Laundry Inside

Exterior

Parking Features Door-Single, Garage, One Space

Garage Spaces 3.0

Garage Description 3.0

Fence Chain Link, Wood

Pool None

Community Features Street Lights, Sidewalks, Urban

Utilities Available Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View City Lights

Roof Type Flat,Shingle

Building

Lot Description Front Yard

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard, Trust

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CRMLS – RECore
Listed by Troy Reed eXp Realty of California Inc 714 476-0639
Bought with William Lenocker eXp Realty of California Inc
Charles Laird

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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