6061 Franklin Ave, Los Angeles, CA 90028 – 24-466895

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$2,895,000

Est. payment - /mo

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12 BD

12 BA

6,132 SqFt

New

6061 Franklin Ave Los Angeles, CA 90028

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Joshua Shorter

soldbyshorter@gmail.com +1(702) 728-0089

UPDATED:

11/25/2024 07:20 PM

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

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

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Joshua Shorter

RE.S.0191694

+1(702) 728-0089

Joshua Shorter

6061 Franklin Ave Los Angeles, CA 90028

Joshua Shorter

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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6061 Franklin Ave