Property
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 13 BR |
| Bathrooms: | 14 |
| Area: | 10115 sq ft |
| Lot Size: | 0.23 Acres |
Financials
Price:$5,350,000
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc.
7000 Franklin Ave 13BR Hollywood Hills East La
Description
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
Neighborhood
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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.
