7000 Franklin Ave 13BR Hollywood Hills East La
| Website: | https://www.nestseekers.com/5255574 |
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| Address: | 7000 Franklin Ave LOS ANGELES, CA 90028 |
| Ownership: | For Sale |
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| Bedrooms: | 13 BR |
| Bathrooms: | 14 |
| Area: | 10115 sq ft |
| Lot Size: | 0.2 Acres |
Financials
Price:$5,350,000
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
271 North Canon Drive Beverly Hills, CA 90210 Phone: +1 310-280-8983 Fax: +1 310-362-0351 | |
| Listing Courtesy of Lyon Stahl Investment Real Estate, Inc. | |