4730 Franklin Ave
LOS ANGELES, CA 90027

Property

Ownership: For Sale
Bedrooms: 11 BR
Bathrooms: 10
Area: 8251 sq ft
Lot Size: 0.19 Acres

Financials

Price:$2,350,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Total Commercial, Inc.

4730 Franklin Ave 11BR Hollywood Hills East La

Description

4730 Franklin Ave is a 10-unit multifamily property located in the East Hollywood / Los Feliz area, situated directly on Franklin Ave, north of Hollywood Blvd and south of Los Feliz Blvd, and in close proximity to Vermont Ave. The property consists of approximately 7,130 SF of building area on an 8,250 SF lot and currently generates approximately $190,716 in gross annual income.The asset offers stable in-place cash flow with value-add potential through rent growth, unit upgrades, and improved operations, subject to local regulations. The surrounding area continues to experience residential redevelopment, supporting long-term rental demand and appreciation.The property is conveniently located near neighborhood dining, retail, public transportation, and major thoroughfares with easy access to Silver Lake, Hollywood, Mid-Wilshire, and Downtown Los Angeles.

Neighborhood

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CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.