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Listed by Rickird Rey Ramirez • Ally Commercial Real Estate
$ 2,795,000
Est. payment /mo
Price Dropped by $100K
4253 Franklin Avenue Los Angeles, CA 90027
4,954 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,954 sqft
Price per Sqft $564
MLS Listing ID DW-25025911
Style Spanish
Year Built 1929
Lot Size 6,229 Sqft
Property Sub-Type Apartment
Property Description
4 townhome style units in Los Feliz. 4254 Franklin Ave was constructed in 1929 and consists of 2 vintage Spanish style duplexes. The unit mix consists of four very spacious 2 bed + 1 bath units units. All units have hardwood floors and individual private patio spaces with tile floors. Each unit has one assigned private parking space plus private parking for two additional vehicles. Franklin is located on a corner lot with great exposure in the one of the most desirable pockets of Los Feliz and walkable to many local amenities on Hillhurst Ave which is named one of the hottest spots in LA for local eateries, trendy cafes and boutique shops. Very close proximity to Griffith Park and within boundaries of Franklin Elementary School. The subject property has significant upside left in the rents and the property could make for a potential Tenants in Common (TIC), Condo Conversion and/or ADU implementation, buyer to verify. Ideal for owner-occupiers, value-add investors or builders alike! It's rare to find such an opportunity with several exit strategies.
Location
State CA
County Los Angeles
Area C22 - Los Feliz
Zoning LAR1
Interior
Interior Features Balcony
Heating Floor Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Laundry Individual Room, Inside
Exterior
Parking Features Garage, Garage - Single Door, Garage - Three Door, Garage - Two Door, Garage Faces Side
Garage Spaces 6.0
Pool None
Community Features Sidewalks
Utilities Available Sewer Connected, Water Connected, Natural Gas Connected
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer