Properties
Los Angeles, CA 90028 7000 Franklin Avenue
$5,350,000
1 more
Presented By: Taylor Avakian with Lyon Stahl Investment Real Estate, Inc.;
Beds • 13
Baths • 5
SQFT • 8,276
Home Details
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
Presented By: Taylor Avakian with Lyon Stahl Investment Real Estate, Inc.;
Interior Features for 7000 Franklin Avenue
Bedrooms
Total Bedrooms13
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths14
Other Interior Features
Heating Y/NYes
Total Stories2
General for 7000 Franklin Avenue
AppliancesMicrowave
CityLos Angeles
CountyLos Angeles
DirectionsOn the corner of N Orange Dr and Franklin Ave
Full Baths
Gross Income350413
HOANo
HeatingWall Furnace
LevelsMulti/Split
Living Area8276
Lot Size Square Feet10115
Lot Size UnitsSquare Feet
MLS AreaC20 - Hollywood
Net Operating Income194934
New ConstructionNo
Number Of Units Total14
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1950
ZoningLAR4
Exterior for 7000 Franklin Avenue
Building Area Total8276
Lot Size Acres0.2322
Lot Size Area10115
Number of Buildings1
Parking FeaturesDriveway
Total Parking8
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
