6061 Franklin Ave new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90028
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,132 sqft
Price per Sqft $472
MLS Listing ID 24-466895
Bedrooms 12
Construction Status Repair Cosmetic, Updated/Remodeled, No Additions/Alter
Year Built 1954
Lot Size 6,364 Sqft
Acres 0.1461
Property Description
We are pleased to present a twelve (12) unit apartment building located at 6061 Franklin Avenue in Los Angeles, California. The subject property is positioned in a prime Greater Hollywood Hills location, north of Franklin Avenue and west of North Beachwood Drive. Built in 1954, this property contains a streamlined unit mix of twelve (12) one bedroom / one bathroom units. The units vary in size with six (6) smaller, four (4) that are large, and two (2) large front units that boast a private patio in the front of the building. The whole building was fully renovated in 2015, now features a quality aesthetic with wood deco throughout, completed a soft-story retrofit in 2021, is gated & secure with a recently re-tarred driveway, CCTV throughout the building, and an on-site laundry room. There are six (6) uncovered parking spaces and two (2) tuck-under parking spaces available. There is two (2) additional large storage units with potential to convert into multiple ADUs. Tenants will enjoy being within short walking distance to some of the best entertainment, retail, and restaurant amenities in Los Angeles. Some of the nearby amenities include the Hollywood Walk of Fame, Avalon Hollywood & Bardot, Gower Plaza Shopping Mall, Gelson's Grocery, TAO, Katsuya Hollywood, Wood & Vine, Scum and Villainy Cantina, The Bourbon Room, and many more. A short drive up North Beachwood Drive and residents can experience outdoor recreation hiking the Hollywood sign and enjoying the quaint, laid back community at Beachwood Canyon. Situated in a prime greater Hollywood Hills location, this offering presents an excellent opportunity for any investor to purchase a turn-key, quality aesthetic asset with an excellent starting cap rate.
Location
State CA
County Los Angeles
Area Hollywood Hills East
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Air Conditioning
Flooring Wood
Equipment Built-Ins, Range/Oven, Dryer, Washer
Laundry Laundry Area
Exterior
Parking Features Gated, Door Opener, Uncovered, Covered Parking
Garage Spaces 8.0
Pool None
View Y/N Yes
View City
Building
Lot Description Single Lot, Landscaped
Story 3
Level or Stories Multi/Split
Construction Status Repair Cosmetic, Updated/Remodeled, No Additions/Alter
Others
Special Listing Condition Standard