7000 Franklin Ave 13BR Hollywood Hills East La


Property

Website:https://www.nestseekers.com/5255574
Address:
7000 Franklin Ave
LOS ANGELES, CA 90028
Ownership: For Sale
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

Contact

271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc.

7000 Franklin Ave LOS ANGELES CA 90028 USA